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Crypto ETFs Mixed as Bitcoin Tops $70K, Ethereum and Solana Funds See Outflows
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12 Articles
Solana Posted Record On-Chain Metrics This Week: Its Price and ETF Flows Told a Different Story Altcoin News ETHNews
According to recent tweet by CoinMarket Cap SOL gained roughly 2% week-over-week while Bitcoin rose 4% and Ethereum 3%, ETF flows turned negative for the first time since February, and the broader Solana ecosystem slipped 5% to around $128 billion. The network underneath those numbers looked nothing like the price action above them. The Price and Flow Divergence SOL underperformed both major assets on a weekly basis despite posting record networ…
Bitcoin rebound ignites FOMO as traders turn bullish
Bitcoin's gains above $70,000 followed US spot exchange-traded funds swinging to net inflows and online chatter turning upbeat, with traders eyeing whether the price can reclaim $72,000. Flows favored Bitcoin while funds linked to Ether, XRP, and Solana saw continued outflows, signaling a rotation back to the market leader. ETF flows and price levels On Monday, US spot Bitcoin ETFs attracted about $167 million in fresh inflows, ending a short tw…
Bitcoin ETFs cut out US$167 million in revenue in one day, opposing Ether and XRP, while Solana shines with institutional backing despite price drops. An exciting turn for cryptocurrency ETFs in the middle of a volatile market. *** Bitcoin ETFs cut out outputs with $167 million in input in one day. Altcoins ETFs take a reverse course: ETH, XRP and Solana record outputs. An exciting turn for cryptocurrency ETFs in the middle of a volatile market.
The U.S. Bitcoin spot ETFs have signed on Monday a nice recovery with $167 million of net entries. Meanwhile, the Ether, XRP and Solana funds chain a third consecutive day of exits. A ditch is widening, and it says a lot about the state of mind of institutional investors. The article Institutionals return on Bitcoin while the altcoins are losing ground has appeared first on Cointribune.
Bitcoin ETFs Rebound With $167 Million Inflow While Ether, XRP See Outflows
Bitcoin ETFs opened the week with renewed momentum, pulling in $167 million in fresh capital. However, ether, XRP, and solana ETFs moved in the opposite direction, posting net outflows. Crypto Funds Start Week Mixed as Altcoin Funds Slide The week began with a familiar pattern in the crypto exchange-traded fund (ETF) market, with bitcoin attracting […]
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