| Mobile Web

Search results for Swissblock

Crypto

Bitcoin, ether spot ETFs return to net inflows, but institutional return signal still unclear

Bitcoin spot exchange-traded funds ended an eight-week streak of net outflows and turned to weekly net inflows. Thirteen products took in a combined $197 million over the week, while ether spot ETFs also returned to net inflows with $84.42 million. Bitcoin rose 3 percent on the week and briefly topped $64,000 before slipping back to around $63,500. Market watchers said the rebound does not yet indicate a clear return of institutional demand and stressed the need for sustained inflows.

Crypto

Bitcoin spot ETF selling eases but institutional demand has not rebounded yet

Bitcoin spot exchange-traded funds ended a streak of net outflows lasting 10 trading days, but the rebound in inflows remains weak. After recording more than $500 million of net inflows over three sessions, the funds returned to net outflows of $84.9 million on Wednesday. Swissblock said the most overwhelming ETF distribution wave of this bear market had ended, but added institutional conviction had not fully returned.

Crypto

Bitcoin bear market turning point signal as liquidity, network metrics improve

Bitcoin fundamental indicators are showing signs of recovery ahead of price action, according to an analysis cited by CoinPost. Crypto analytics firm Swissblock said its Bitcoin fundamentals index has improved since February, forming a pattern of higher lows in February, April and June. Liquidity and network growth scores have also rebounded from February lows. Swissblock said such divergence often appears late in bear markets, though it did not specify when or how much prices might recover.