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#Bitcoin Spot #ETFs Performance (August 26 to August 30)

🟠Overall Net Outflow:
#BitcoinETFs experienced a net outflow of $277 million.

🟠Ark Invest & 21Shares' ETF
#ARKB: Had the largest net outflow of $220 million.

🟠
#Grayscale ETF GBTC: Recorded a weekly net outflow of $119 million.

Source: https://farside.co.uk/btc/
September has historically been tough for Bitcoin, closing in the red 8 out of the last 11 years, with an average drop of 4.78%. But last September broke the trend with a 3.91% gain!

With the upcoming FOMC meeting on Sept 18, could a potential rate cut lift investor spirits again? πŸ‘‡

#Bitcoin #Crypto #FOMC
The #Crypto Pioneers.

Six Oldest Cryptos Still Holding Strong in the Top 20!

#Bitcoin, #Ethereum, and other early #cryptocurrencies launched between 2009 and 2015 are still among the top 20, showing their resilience in a rapidly changing market.

#CoinPedia #Crypto #Blockchain #cryptocurrency
🟠Global #cryptomarket cap is $2.05T, up 0.73%.

🟠24-hour
#Crypto market volume is $62.36B, up 64.89%.

🟠
#DeFi volume is $3.12B, 5% of total volume.

🟠
#Stablecoins make up $57.57B, 92.32% of total volume.

🟠
#Bitcoin’s dominance is 56.24%, down 0.02%.
🚨 August was the toughest month for #Bitcoin miners in 2024!

Miner revenue hit $827.56M, a 10.5% drop from July’s $927.35M, but up 5% from last year.

This drop follows a surge in mining difficulty and decreased transaction volumes after April’s halving reduced block rewards by 50%. β›πŸ”


#Bitcoinhalving #Crypto #Mining #CryptoNews #Coinpedia
πŸ”΅Global #cryptomarket: $2.07 trillion, up 1.15%.

πŸ”΅
#Crypto trading volume: $50.04 billion, down 19.57%.

πŸ”΅
#DeFi volume: $2.62 billion (5.24%).

πŸ”΅
#Stablecoin volume: $46.32 billion (92.57%).

πŸ”΅
#Bitcoin dominance: 56.38%, up 0.16%.
Summary of #Bitcoin Spot #ETF Outflows

πŸ”΅$288M Outflow on September 3: #Bitcoin spot ETFs faced a $288 million net outflow.

πŸ”΅Five-Day Trend: This marked the fifth consecutive day of net outflows.

πŸ”΅#Grayscale GBTC Outflow: Grayscale's GBTC ETF had a $50.395 million net outflow.

πŸ”΅#Fidelity FBTC Outflow: Fidelity's FBTC ETF saw a $162 million net outflow.

πŸ”΅Total Net Asset Value: The total net asset value of Bitcoin spot ETFs is $52.689 billion.

Source : https://farside.co.uk/btc/
#Bitcoin: A $1 Trillion Player in a $900 Trillion World.

Real Estate Holds Over 36% of Global Wealth at $330T.

While
#BTC's Just Getting Started – Imagine the Possibilities!

#CoinPedia #cryptomarket #Blockchain #Investing #Crypto