Currencies33807
Market Cap$ 3.43T+5.33%
24h Spot Volume$ 77.52B-1.79%
DominanceBTC61.40%-0.87%ETH8.64%+3.50%
ETH Gas12.74 Gwei
Cryptorank

Bitwise Powers Spot BTC ETF Market With $11.5409 Million Net Daily Inflow


by CoinEdition
Bitwise-BITB
  • The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million.
  • Bitwise BITB was responsible for the single-day net inflow of $11.5409 million recorded.
  • Bitcoin spot ETFs’ total net asset value rose to $51.504 billion.

The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million. Citing Soso Value’s data, famous blockchain and crypto journalist Colin Wu noted that the Grayscale GBTC had no inflows or outflows on the day. Wu highlighted that Bitwise BITB was responsible for the single-day net inflow of $11.5409 million.

With last Wednesday’s net inflow, Bitcoin spot ETFs’ total net asset value rose to $51.504 billion, according to data from the spot Bitcoin ETF aggregation platform, Soso Value. Further details from the platform show that Grayscale maintained the top pos…

The post Bitwise Powers Spot BTC ETF Market With $11.5409 Million Net Daily Inflow appeared first on Coin Edition.

Read the article at CoinEdition

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Bitwise Powers Spot BTC ETF Market With $11.5409 Million Net Daily Inflow


by CoinEdition
Bitwise-BITB
  • The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million.
  • Bitwise BITB was responsible for the single-day net inflow of $11.5409 million recorded.
  • Bitcoin spot ETFs’ total net asset value rose to $51.504 billion.

The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million. Citing Soso Value’s data, famous blockchain and crypto journalist Colin Wu noted that the Grayscale GBTC had no inflows or outflows on the day. Wu highlighted that Bitwise BITB was responsible for the single-day net inflow of $11.5409 million.

With last Wednesday’s net inflow, Bitcoin spot ETFs’ total net asset value rose to $51.504 billion, according to data from the spot Bitcoin ETF aggregation platform, Soso Value. Further details from the platform show that Grayscale maintained the top pos…

The post Bitwise Powers Spot BTC ETF Market With $11.5409 Million Net Daily Inflow appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Jim Cramer Declares “Bullish” Market Outlook Citing Oil Weakness and Reagan Precedents

Jim Cramer Declares “Bullish” Market Outlook Citing Oil Weakness and Reagan Precedents

CNBC Mad Money host Jim Cramer has been optimistic about the market in recent entries...
Strategy Stock Volatility Sinks to Historic Lows, Possibly Making Shares Less Attractive

Strategy Stock Volatility Sinks to Historic Lows, Possibly Making Shares Less Attractive

Implied and realized volatility metrics for Strategy drop to historic lows amid reduc...