2024-06-14 23:57:48

Bitcoin and Ethereum Investment Trends: ETFs and Fund Inflows

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Recent data reveals that Bitcoin ETFs garnered $2 billion in deposits, primarily driven by a $1.97 billion influx in Bitcoin funds, while Ethereum funds received $69 million. Despite a slight dip in Bitcoin's value from its recent high of $70,000, analysts are optimistic about a potential surge.

Additionally, U.S.-listed Bitcoin ETFs saw $226 million in outflows, led by Fidelity's FBTC, while ETH exchange balances hit an eight-year low as investors prepare for an anticipated rally. VanEck predicts Ethereum price could soar to $22,000 by 2030, envisioning significant growth and revenue opportunities beyond traditional sectors.

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TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more
17. Juni 2024 um 11:15

VanEck: Ethereum price to skyrocket to $22,000 by 2030

Finance
Technology
Cryptocurrencies & blockchain
VanEck predicts that the price of Ethereum could reach $22,000 by 2030, citing it as a revolutionary asset with significant potential in various sectors beyond banking and payments. The firm sees Ethereum as a digital oil with a total addressable market of $15 trillion and expects it to generate $51 billion in revenue by 2030.
TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more
21. Juni 2024 um 09:28

Bitcoin ETFs rake in $2 billion, ethereum funds collect $69 million

Finance
Bitcoin ETFs attracted $2 billion in deposits last week, with bitcoin funds accumulating $1.97 billion, while ethereum funds received $69 million. Analysts predict a potential surge in bitcoin's value, which hit $70,000 recently, despite lingering around $67,000 at present.
CoinDesk
14. Juni 2024 um 08:14

Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC

Finance
U.S.-listed Bitcoin exchange-traded funds (ETFs) experienced over $226 million in net outflows on Thursday, marking a third consecutive day of outflows. Fidelity's FBTC led the outflows with $106 million withdrawn, with Grayscale's GBTC and Ark Invest's ARKB also seeing significant outflows. Only BlackRock's IBIT recorded a net inflow of $18 million.
The Defiant
14. Juni 2024 um 16:56

ETH Exchange Balances Hit Eight-Year Low as Investors Prepare for Rally

Finance
Investors are withdrawing ETH from exchanges in anticipation of a rally, with over 4.1 million ETH totaling $40.21 billion pulled out in the last 10 days. This has led to ETH exchange balances hitting an eight-year low, dropping below 12 million ETH.
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