Strong ETF Demand Drives $157 Million Bitcoin Purchases, $65 Million in Ethereum
The post Strong ETF Demand Drives $157 Million Bitcoin Purchases, $65 Million in Ethereum appeared first on Coinpedia Fintech News
On July 28, U.S. spot Bitcoin ETFs saw net inflows of $157.1million, with Ethereum ETFs adding $65.2million, signalling strong ongoing demand for both assets . Leading the purchases, BlackRock’s spot Bitcoin ETF acquired 1,230 BTC worth $147.4million, bringing its total holdings to over 739,000 BTC and reinforcing its place as the world’s largest Bitcoin ETF . The new inflows come as institutional and retail investors continue allocating capital to crypto ETFs, despite recent market consolidation.
Corporate Ethereum Treasuries Could Hit 10% of Supply, Says Standard Chartered
The post Corporate Ethereum Treasuries Could Hit 10% of Supply, Says Standard Chartered appeared fir...
Solana (SOL) Set to Hit $400 in 25 Days, While Viral Crypto Below $1 Could Flip $420 into $24,000 Before Cycle Top
The post Solana (SOL) Set to Hit $400 in 25 Days, While Viral Crypto Below $1 Could Flip $420 into $...
Why Is CFX Coin Soaring Today?
The post Why Is CFX Coin Soaring Today? appeared first on Coinpedia Fintech NewsCFX, the native tok...