Spot Bitcoin ETFs saw their steepest single day of outflows since Trump’s election win, signaling market jitters.
ETF news
Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges.
Bitcoin’s failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.
This state-level filing is seen as a preliminary step toward SEC approval.
CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22.
Bitcoin’s price action has historically benefited from economic concerns and issues in the banking industry.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
Bitcoin price inches closer to $100,000 where market participants have built $300 million in sell walls. Will BTC clear the $100K hurdle?
Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.
Bitwise would be competing with fellow asset managers VanEck and Canary Capital for an SEC-approved spot Solana ETF.