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GBTC 12th day net outflows slow as Bitwise BTC Spot ETF AUM tops $600 million

The Grayscale GBTC ETF saw net outflows of $192 million on its 12th trading day. This marks the lowest daily net outflow since the ETF was launched. "GBTC ETF outflows have been slowing over time," said Bloomberg analyst James Seifat. Meanwhile, Hunter Horsley, CEO of crypto asset manager Bitwise Asset Management, told X that the Bitwise BTC Spot ETF (BITB) has surpassed $600 million in assets under management (AUM) after 12 trading days. In addition, bitcoin whales, including institutions, reportedly bought $6 billion of BTC during the last short-term dip.

ETH spot ETF hits $9.37 billion in trading volume on second day of trading, off to a strong start, but falls short of BTC

Ethereum spot ETFs have recorded $9.37 billion in trading volume on their second day of trading. Of these, Grayscale's ETHE topped the list with $4.86 billion, accounting for about 52% of the total volume. BlackRock's ETHA followed with $255 million and Fidelity's

blockchain crypto cryptocurrency Ethereum ETF launches favorable price Shelly Young (SpotedCrypto)

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum

blockchain crypto cryptocurrency ethereum Spot ETF Debuts Successfully (Spoted Crypto)

ETH Spot ETF Debuts Successfully...Sustained Success Unclear

Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale

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