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Bitwise CIO predicts spot Ethereum ETFs will attract $15 billion of net inflows in 18 months
Bitwise CIO predicts spot Ethereum ETFs will attract $15 billion of net inflows in 18 months

Bitwise CIO Matt Hougan said U.S. spot Ethereum ETFs could attract $15 billion worth of net inflows in their first 18 months.Hougan arrived at the figure by assessing relative market capitalization, international ETP data and the role of the carry trade.

The Block·2024/06/25 14:25
Grayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K
Grayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K

Spot Bitcoin ETFs are at risk of more outflows if prices stay below $60.5k, according to Bianco Research’s founder.

Cryptopotato·2024/06/25 12:28
Mt Gox repayments to creditors may not affect Bitcoin as expected
Mt Gox repayments to creditors may not affect Bitcoin as expected

Share link:In this post: Mt Gox is expected to repay nearly $9 billion to creditors in July. Analysts say that the scheduled repayment won’t pose a threat to Bitcoin price. According to Thorn, Bitcoinica BK, claim funds, and individual creditors will receive 10,000 BTC, 20,000 BTC, and 65,000 BTC, respectively.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend indepen

Cryptopolitan·2024/06/25 11:52
Flash
  • 07:37
    Blockstream Co-founder: The impact of the US Bitcoin strategic reserve is underestimated
    Golden Finance reports that Adam Back, co-founder of Bitcoin infrastructure development company Blockstream, posted on X saying: "The impact of the US Bitcoin strategic reserve statement has been underestimated. It has profound significance for the social acceptance of Bitcoin. This statement marks the actual promotion of Bitcoin development by the US government and provides a new authoritative reference for sovereign wealth funds, pension funds and mutual funds to allocate Bitcoin."
  • 07:30
    Data: In the past 90 days, only BERA, BGB and other 17 tokens in the top 100 market value have outperformed BTC
    News on March 10, CoinMarketCap market data shows that among the top 100 tokens by market value, only 17 tokens have increased more than BTC in the past 90 days, including BERA (+499%), IP (+81%), BGB (+78%) and so on. Meanwhile, BTC's performance during the same period was -15%. It is understood that the Altcoin Season Index is a new feature launched by CoinMarketCap to measure the popularity of altcoins. It counts how many tokens in the top 100 assets by market value have outperformed BTC. If this number is around 75, then it's likely an Altcoin Season; if it's below 25, then it's probably a Bitcoin Season. Since February 27th, this index has been below 25 for twelve consecutive days.
  • 07:28
    Data: A certain whale has accumulated a purchase of 386,302 AUCTION in the past two days, with an unrealized gain of about 465,000 US dollars
    ChainCatcher news, according to Onchain Lens monitoring, in the past two days, a certain whale has accumulated purchases of 386,302 AUCTION from CEX, worth about 6.31 million US dollars. The current floating profit is approximately 465 thousand US dollars.
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