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MainNewsBitwise Powe...

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

Early Morning Market Moves: Bitcoin Edges Closer to $100K, Ether Overcomes $1,900

Early Morning Market Moves: Bitcoin Edges Closer to $100K, Ether Overcomes $1,900

The cryptocurrency market is booming during Thursday’s early morning hours, with bitc...
Hong Kong Defends Currency Peg, Bitcoin Pumps Back to $97K, US-China Trade Talks

Hong Kong Defends Currency Peg, Bitcoin Pumps Back to $97K, US-China Trade Talks

Tuesday, the Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange m...
MainNewsBitwise Powe...

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

Early Morning Market Moves: Bitcoin Edges Closer to $100K, Ether Overcomes $1,900

Early Morning Market Moves: Bitcoin Edges Closer to $100K, Ether Overcomes $1,900

The cryptocurrency market is booming during Thursday’s early morning hours, with bitc...
Hong Kong Defends Currency Peg, Bitcoin Pumps Back to $97K, US-China Trade Talks

Hong Kong Defends Currency Peg, Bitcoin Pumps Back to $97K, US-China Trade Talks

Tuesday, the Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange m...