Crypto funds at asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares returned to net inflows of $436 million globally last week, according to CoinShares, after two consecutive weeks of net outflows. “We believe the surge in inflows towards the end of the week was driven by a …
grayscale
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Money flowed back into Bitcoin exchange-traded funds (ETFs) and other crypto investment vehicles last week—just in time for the Federal Reserve’s key meeting tomorrow. Data from Jersey-based digital asset manager CoinShares showed on Monday that a total of $436 million hit funds that give exposure to cryptocurrencies. This came after …
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Bitcoin, Ethereum Sink After Another Trump Assassination Attempt and Ahead of Interest Rate Decision
The crypto market saw significant losses as Bitcoin and Ethereum fell following a second assassination attempt on former U.S. President Donald Trump over the weekend. At the time of writing, BTC has fallen 2.1% to $58,950 levels and Ethereum dropping around 4.2% to $2,315 levels in Monday’s European trading session. …
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XRP’s price has been giving mixed signals lately but there is some interesting news on the horizon. Grayscale is set to launch an XRP Trust, which will give accredited investors direct access to XRP. This trust could lead to an XRP ETF in the future, attracting more traditional investors. Matt …
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XRP is back in action, breaking past $0.5900 and eyeing its July 2024 high of $0.6602, all thanks to Robinhood re-listing it on its commission-free platform! This comes as Ripple’s legal battle with the SEC officially ends, sparking optimism in the crypto community. While the addition of XRP to Robinhood’s …
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US spot bitcoin ETFs log highest daily inflows in nearly two months as BTC challenges $60,000
by Zack Abramsby Zack AbramsSpot bitcoin exchange-traded funds in the United States had their best day for inflows in nearly two months on Friday—despite the fact that the largest ETF on the market logged no inflows of its own. On Friday, US-based spot bitcoin ETFs logged a daily total net inflow of $263.1 million, …
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XRP is stealing the spotlight this week, beating top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) after a big update from Grayscale Investments. But not everyone is impressed. Popular crypto trader Sensei is betting against XRP, calling it a “shitcoin.” So, is XRP about to hit new highs, or is …
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Illustration by Mitchell Preffer for Decrypt. Is Bitcoin back? For at least a little while, it feels like it may be. This time last week, it was trading for $53,229. It’s now trading above $60,000, according to CoinGecko. That’s a 12% rise over seven days, and a threshold unseen since …
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Ripple Labs is on the brink of a pivotal moment in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Recent developments suggest that the SEC may not appeal Judge Torres’ recent favorable summary judgment for Ripple. Ripple executives, including CEO Brad Garlinghouse and Chief Legal Officer …
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The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP). Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on …