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Spot Bitcoin ETFs saw $1.2 billion pulled out over eight days, even though they grew in 2024. The 12 U.S. spot Bitcoin ETFs together lost this amount between August 30 and September 6. This marked the longest period of withdrawals since these spot Bitcoin ETFs were introduced in January. The withdrawals came as Bitcoin prices dropped,…
On the second day of trading, US spot Ethereum ETFs saw huge outflows, that reversed the previous day’s gains. On July 25, the Spot Ethereum ETFs experienced a net outflow of $133.16 million, which was a big drop from the day one’s positive performance. Data showed that Grayscale’s Ethereum Trust (ETHE) was hit the hardest, facing…
Hong Kong’s new Spot Bitcoin ETFs and Ether ETFs are expected to attract a lot of investors. Regulatory Hurdles for Mainland China Investors There are some rules that might stop people from China’s mainland from investing in them. An expert, Eric Balchunas, thinks these ETFs could have about $1 billion in assets under management in the…
