Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#EthereumMemeSeasonReturns
Bitcoin (BTC) continued its rise last night and briefly climbed above $79,300. However, this didn’t last long, and Bitcoin failed in its attempt to break the critical resistance at $80,000. The BTC price fell back to around the $77,800 levels.
While the BTC price remains volatile, positive sentiment and inflows in US spot ETFs continue.
According to Farside Investors data, there was net inflow for 7 consecutive days in US spot Bitcoin ETFs. On Wednesday, ETFs recorded a net inflow of $336 million.
Bitcoin ETF inflows were led by BlackRock’s IBIT fund with $246.9 million, followed by Fidelity’s FBTC fund with $56.7 million.
While the BTC price remains volatile, positive sentiment and inflows in US spot ETFs continue.
According to Farside Investors data, there was net inflow for 7 consecutive days in US spot Bitcoin ETFs. On Wednesday, ETFs recorded a net inflow of $336 million.
Bitcoin ETF inflows were led by BlackRock’s IBIT fund with $246.9 million, followed by Fidelity’s FBTC fund with $56.7 million.
Bitwise’s BITB fund recorded $15.4 million, Ark Invest’s ARKB fund $11.9 million, Morgan Stanley’s MSBT fund launched in recent weeks $11.3 million, Wisdom Tree’s BTCW fund $6.3 million, and VanEck’s HODL fund $3.9 million in inflows.
In contrast, Grayscale’s GBTC fund was the only one to see outflows, with $16.6 million.
Finally, Invesco’s BTCO fund; Franklin Templeton’s EZBC fund; and Valkyre’s BRRR fund recorded zero flow.
Inflows Continue in Ethereum ETFs!
Inflows were also seen in Ethereum (ETH) ETFs. According to Farside Investors data, spot Ethereum ETFs recorded net inflows for 10 consecutive days. And total net inflows of $96.4 million were recorded.
Based on the data, BlackRock’s ETHA fund led the inflows with $53.6 million. It was followed by Fidelity’s FETH fund with $40.6 million and Grayscale’s Mini Ethereum (ETH) fund with $11.4 million.
In contrast, Grayscale’s Ethereum Trust (ETHE) recorded an outflow of $9.2 million.
Finally, BlackRock’s ETHB fund; Bitwise’s ETHW fund; 21Shares’ TETH fund; VanEck’s ETHV fund; Invesco’s QETH fund; and Franklin Templeton’s EZET fund recorded zero flow.
What’s the Situation with Solana and XRP ETFs?
As with Bitcoin and Ethereum ETFs, demand for altcoin ETFs continues.
Accordingly, while XRP spot ETFs saw inflows of $2.4 million, Solana (SOL) spot ETFs recorded zero flow yesterday.
NOT INVESTMENT ADVICE
$BTC $ETH $SOL