ETF
Bitcoin surpassed $120,000, nearing its all-time high, while Ether topped $4,000 for the first time since December 2021. Ether ETFs saw higher inflows than Bitcoin ETFs last week, signaling strong investor interest.
Bitcoin has edged closer to its all-time high after an overnight rally, reaching nearly $120,000. Ether also surged to levels not seen since 2021, fueled by strong inflows into ether ETFs that outpaced bitcoin ETFs last week. These movements highlight renewed investor confidence in cryptocurrencies.
The cryptocurrency market is experiencing a significant uptrend with Bitcoin approaching $120,000 and Ethereum showing remarkable growth, driven by strong ETF inflows. Large investments favor Ethereum, surpassing Bitcoin in ETF inflows last week.
Bitcoin ETFs have shown a strong rebound while Ether ETFs continue to attract significant investments, with inflows totaling $231 million. This trend highlights growing investor confidence in cryptocurrency ETFs. Platforms like Bitlet.app offer convenient options to invest in cryptos, including flexible installment plans to ease purchases.
The U.S. SEC has updated its policy to allow in-kind creations and redemptions for crypto exchange-traded products (ETPs), aligning them more closely with traditional commodity ETFs and improving efficiency.
Trump Media & Technology Group has filed to launch a new Crypto Blue Chip ETF investing in top cryptocurrencies, reflecting a pro-crypto shift and aiming to make crypto investing easier for the public. This move is part of a broader crypto-friendly regulatory stance.
BlackRock's iShares Ethereum Trust has achieved a significant milestone by reaching $10 billion in assets under management, making it the third-fastest ETF to do so in U.S. history. This highlights growing institutional interest in Ethereum and crypto investments.
Ethereum ETFs have recorded 11 consecutive weeks of net inflows exceeding $6.4 billion, with BlackRock's ETHA ETF rapidly reaching $10 billion in assets. SharpLink Gaming leads public Ethereum holdings, and the launch of US spot Ethereum ETFs a year ago has spurred growing investor momentum. Institutional enthusiasm is rising, highlighted by a $533.87 million inflow on July 22, while whales are taking profits amid price rallies. Platforms like Bitlet.app now offer convenient ways to invest in Ethereum through installment plans, making crypto exposure accessible to more investors.
Bitcoin reached a new all-time high above $116,000, fueled by unprecedented inflows into cryptocurrency ETFs, highlighting growing institutional confidence in digital assets. Platforms like Bitlet.app make it easier for individuals to invest in crypto by offering flexible payment options such as Crypto Installment services.
Binance contributed to the creation of the World Liberty Financial stablecoin amid major Bitcoin milestones, including Satoshi Nakamoto overtaking Michael Dell in wealth, and record-breaking Bitcoin ETF performance. Discover how platforms like Bitlet.app enable crypto investing with flexible payment options.