Global #Ethereum ETFs

Bitcoin (BTC) is showing all the signs of a major breakout, surging to a record-breaking all-time high (ATH) of $97,858, with its market cap hitting a staggering $1.91 trillion.

After a period of positive momentum, Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have experienced notable net outflows, signaling a shift in investor sentiment.

As the United States prepares for its presidential election on November 5, 2024, all eyes are on the markets and how investors are positioning themselves amid heightened political uncertainty.

Ethereum, the second-largest cryptocurrency by market capitalization, is undergoing significant changes aimed at enhancing its efficiency and accessibility.

On October 11, U.S.-based spot Bitcoin exchange-traded funds (ETFs) recorded impressive net inflows totaling $253.6 million, marking a turnaround after three consecutive days of outflows.

As the cryptocurrency market faces a broader downturn, Bitcoin exchange-traded funds (ETFs) are not escaping the prevailing trends. Recent reports from Farside Investors indicate that BTC ETFs experienced substantial outflows of $52.9 million on October 2

U.S. spot Bitcoin exchange-traded funds (ETFs) faced a notable setback on Wednesday, witnessing outflows totaling $91.76 million. This decline marks the continuation of a negative trend, with two consecutive days of net outflows that raise concerns among investors about market sentiment.

On September 27, the US spot Bitcoin ETF market experienced a remarkable surge, registering an inflow of $494.27 million. This influx marks the seventh consecutive bullish day for Bitcoin ETFs, indicating a strong resurgence of investor confidence in the cryptocurrency market.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on proposed rule changes that would permit options trading for spot Ethereum exchange-traded funds (ETFs).

In just 15 years, the cryptocurrency market has exploded, reaching an impressive market capitalization of $2.09 trillion—double the value from just a year ago.

Recent data reveals that Ethereum ETFs have faced negative flows for the second consecutive trading session, even as Ethereum’s [ETH] price posted gains.

On September 12th, the performance of US spot Bitcoin and Ethereum ETFs presented a stark contrast, highlighting the divergent trends in the cryptocurrency market.