BTC ETF Inflows Surge, ETH ETF Volumes Impress

Jul 23, 2024

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CRYPTO MARKET UPDATE U.S. EQUITY INDICES ARE MOVING LOWER, WITH THE SPY -0.46%  TRADING AT $540.95 AND THE QQQ -0.89%  SHOWING MORE PRONOUNCED LOSSES, TRADING AT $457.75. Economic data this morning exceeded expectations, with job openings and consumer confidence both surpassing estimates, although rates are still showing modest declines. Crypto assets are mixed, with BTC -0.14% holding slightly above $66k and ETH -1.46% gaining slightly to $3,320, and ETHBTC increasing above 0.05. Yesterday marked...

CRYPTO MARKET UPDATE AFTER ANOTHER DAY OF SIZEABLE OUTFLOWS FROM ETHE 1.45% , THE GRAYSCALE-ISSUED ETF NOW RETAINS JUST 85% OF THE AUM IT BEGAN WITH ON TUESDAY. However, crypto has rallied strongly since the US market closed yesterday, with BTC -0.14% briefly moving above the $68k level, ETH -1.46% rebounding sharply to $3,250, and SOL -1.71% revisiting $184. Among larger-cap tokens, SOL beta names including RNDR and JUP have outperformed over the past 24...

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