Ethereum

Bitcoin ETF

Bitcoin

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Spot bitcoin ETFs in the U.S. experienced net inflows yesterday, led by Grayscale’s converted Bitcoin Trust.</li>
 <li>The Securities and Exchange Commission has postponed decisions on spot Ethereum ETFs.</li>
</ul>
<p>Grayscale’s converted Bitcoin Trust, GBTC, saw neither inflows nor outflows yesterday, marking a change in its recent trend of significant outflows.</p>
<p>Since its conversion to a spot bitcoin ETF, GBTC has mainly reported considerable outflows, often outweighing inflows into other products.</p>
<h2 id="etf-performance">ETF Performance</h2>
<p>According to data from SoSo Value, GBTC has seen approximately $17 billion in net outflows.</p>
<p>However, the Bitwise Bitcoin ETF stood out yesterday, recording inflows of around $12 million.</p>
<p>Since their respective launches, spot <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">bitcoin</a> ETFs in the U.S. have collectively seen a net inflow of $11.77 billion.</p>
<p>Despite this, volumes have been on a steady decline since their peak in early March.</p>
<h2 id="ethereum-etfs">Ethereum ETFs</h2>
<p>In other crypto ETF news, a proposal to list and trade shares of Grayscale’s <a href="https://crypto.ro/en/cryptocurrencies/ethereum/" rel="noopener noreferrer nofollow">ether</a> futures ETF has been withdrawn.</p>
<p>Additionally, the Securities and Exchange Commission has postponed making decisions regarding spot Ethereum ETFs.</p>

Single Bitcoin ETF Records Inflows: A Noteworthy Event in Crypto Market

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