Search results for Farside Data
Crypto
Ethereum down 13 percent in a month as ETF outflows continue
Ethereum has fallen about 13 percent over the past 30 days, underperforming bitcoin, and its weakness has also shown in the ETH/BTC ratio. Spot ether exchange-traded funds have seen continued outflows, including $110.6 million in net redemptions on Oct. 22, data showed. Outflows were led by BlackRock’s iShares Ethereum Trust, while Fidelity’s fund recorded a small inflow.
Crypto
Bitcoin spot ETFs see $137.3 million net inflows, with clear tilt to Fidelity
Bitcoin spot exchange-traded funds shifted to net inflows of $137.3 million on Aug. 17, local time, but most of the money went into Fidelity’s Wise Origin Bitcoin Fund, raising doubts about a broad recovery in demand. Data showed FBTC took in $111.9 million, while ARKB and MSBT recorded smaller inflows. BlackRock’s IBIT was not yet confirmed. The inflow followed five straight trading days of outflows.
Crypto
Bitcoin faces pivotal week ahead of U.S. inflation data, $10 billion options expiry, battle to hold $60,000
Bitcoin faces a key week with the release of the United States\' May personal consumption expenditures (PCE) price index and the settlement of more than $10 billion in quarterly bitcoin options on Deribit. Bitcoin trades around $62,500 after staying in a $62,000 to $67,000 range this month. Investors are watching whether a higher PCE reading could weaken rate-cut expectations and increase volatility as hedging demand rises around expiry. Spot bitcoin ETFs have seen net outflows.
