#Bitwise CIO Matt Hougan optimistic on #Bitcoin, cites rising gold prices, potential Bitcoin Spot #ETF impact.
Institutional investors' increased participation signals the end of "crypto winter," ushering in a bullish "crypto spring."
https://coinpedia.org/news/bitwise-cio-predicts-significant-crypto-rally-in-the-coming-six-months/
Institutional investors' increased participation signals the end of "crypto winter," ushering in a bullish "crypto spring."
https://coinpedia.org/news/bitwise-cio-predicts-significant-crypto-rally-in-the-coming-six-months/
CoinPedia
Bitwise CIO Predicts Significant Crypto Rally in the Coming Six Months
In a recent CNBC interview, Matt Hougan, the Chief Investment Officer of Bitwise Asset Management, shared his bullish outlook on Bitcoin and the broader
Top #CryptoNews in Past 12 Hours
1️⃣ #cryptoexchange Gate stopped serving Japan from July 22, 2024, aiding compliance with local regulations.
2️⃣ The SEC approved Ethereum spot ETFs, starting trading Today at 9:30AM (New Jersey time) July 23, with $4 billion inflow expected.
3️⃣ The U.S. Government transferred 58.742 BTC to #Coinbase, seized from Ryan Farace’s funds.
4️⃣ #Bitwise announced to donate 10% of Ethereum spot ETF profits to support Ethereum open source developers.
5️⃣ L2 project Zircuit completed its Mainnet funding round with Mirana Ventures, boosting ecosystem growth and activity.
6️⃣#MtGox transferred $2.8 billion in Bitcoin on July 23, part of its repayment plan.
1️⃣ #cryptoexchange Gate stopped serving Japan from July 22, 2024, aiding compliance with local regulations.
2️⃣ The SEC approved Ethereum spot ETFs, starting trading Today at 9:30AM (New Jersey time) July 23, with $4 billion inflow expected.
3️⃣ The U.S. Government transferred 58.742 BTC to #Coinbase, seized from Ryan Farace’s funds.
4️⃣ #Bitwise announced to donate 10% of Ethereum spot ETF profits to support Ethereum open source developers.
5️⃣ L2 project Zircuit completed its Mainnet funding round with Mirana Ventures, boosting ecosystem growth and activity.
6️⃣#MtGox transferred $2.8 billion in Bitcoin on July 23, part of its repayment plan.
Seed capital is now available for #EthereumETFs from #BlackRock, #Bitwise, 21 Shares, and Franklin. Listing begins today at 9:30 AM New Jersey time.
#Crypto #CryptoNews #Ethereum $ETH
Source :
https://farside.co.uk/?p=1518
#Crypto #CryptoNews #Ethereum $ETH
Source :
https://farside.co.uk/?p=1518
Will #EthereumPrice Hit All Time High?
🔵Ethereum ($ETH) is mirroring #Bitcoin’s path post-ETF launch, with a notable trend of two weeks of decline followed by a gradual upward climb.
🔵Outflow from Grayscale has significantly slowed, hinting at a potentially stabilizing market. As we brace for the upcoming weeks, expect a steady inflow to drive Ethereum's rebound.
Total #EthereumETF Net Inflow: $4.9327 million on August 12.
✨#Grayscale ETF: No money came in or went out (inflow and outflow were $0.00).
✨ #Fidelity ETF (FETH): Gained $3.9831 million in a single day.
✨#Bitwise ETF (ETHW): Gained $2.8569 million in a single day.
🔵Ethereum ($ETH) is mirroring #Bitcoin’s path post-ETF launch, with a notable trend of two weeks of decline followed by a gradual upward climb.
🔵Outflow from Grayscale has significantly slowed, hinting at a potentially stabilizing market. As we brace for the upcoming weeks, expect a steady inflow to drive Ethereum's rebound.
Total #EthereumETF Net Inflow: $4.9327 million on August 12.
✨#Grayscale ETF: No money came in or went out (inflow and outflow were $0.00).
✨ #Fidelity ETF (FETH): Gained $3.9831 million in a single day.
✨#Bitwise ETF (ETHW): Gained $2.8569 million in a single day.
#Ethereum Spot #ETF Flows Update (August 27)
Total Outflow: $3.4452 million from #EthereumETFs, continuing for nine days.
#Grayscale ETF (ETHE): $9.1798 million outflow in one day.
#Fidelity ETF (FETH): Contrasted the trend with a net inflow of $3.8792M, showing investor interest.
#Bitwise ETF (ETHW): Also recorded a net inflow of $1.8554M, indicating some positive sentiment.
Source: https://farside.co.uk/eth/
Total Outflow: $3.4452 million from #EthereumETFs, continuing for nine days.
#Grayscale ETF (ETHE): $9.1798 million outflow in one day.
#Fidelity ETF (FETH): Contrasted the trend with a net inflow of $3.8792M, showing investor interest.
#Bitwise ETF (ETHW): Also recorded a net inflow of $1.8554M, indicating some positive sentiment.
Source: https://farside.co.uk/eth/
#Bitcoin Spot #ETF Inflows (Sept 17)
🔵Total net inflow of Bitcoin spot ETFs: $187 million
🔵Duration of inflow: Continued for 4 days
🔵#Grayscale ETF (GBTC) outflow: $0.00
🔵#Fidelity ETF (FBTC) inflow: $56.6 million
🔵#Bitwise ETF (BITB) inflow: $45.4 million
🔵Total net inflow of Bitcoin spot ETFs: $187 million
🔵Duration of inflow: Continued for 4 days
🔵#Grayscale ETF (GBTC) outflow: $0.00
🔵#Fidelity ETF (FBTC) inflow: $56.6 million
🔵#Bitwise ETF (BITB) inflow: $45.4 million
#Ethereum Spot #ETFs: Key Updates
🔵On September 23, #Ethereum spot ETFs saw significant outflows.
🔵Total Outflow: The total net outflow was $79.21 million.
🔵#Grayscale ETF: Grayscale's ETF, ETHE, had an outflow of $80.55 million.
🔵#Bitwise ETF: Bitwise ETF, ETHW, reported an inflow of $1.34 million.
Source: https://farside.co.uk/eth/
🔵On September 23, #Ethereum spot ETFs saw significant outflows.
🔵Total Outflow: The total net outflow was $79.21 million.
🔵#Grayscale ETF: Grayscale's ETF, ETHE, had an outflow of $80.55 million.
🔵#Bitwise ETF: Bitwise ETF, ETHW, reported an inflow of $1.34 million.
Source: https://farside.co.uk/eth/
🚨#Bitcoin ETF Inflows and Outflows.🚨
➡️ On October 4, the #BTC spot #ETF had a net inflow of $25.59 million, while #Grayscale's GBTC saw an outflow of $13.91 million.
➡️ #Bitwise's BITB gained $15.29 million, and #Fidelity's FBTC also brought in $13.63 million.
➡️ Total Net Assets - $57.73B
#CoinPedia #Crypto #Bitcoin #Blockchain
➡️ On October 4, the #BTC spot #ETF had a net inflow of $25.59 million, while #Grayscale's GBTC saw an outflow of $13.91 million.
➡️ #Bitwise's BITB gained $15.29 million, and #Fidelity's FBTC also brought in $13.63 million.
➡️ Total Net Assets - $57.73B
#CoinPedia #Crypto #Bitcoin #Blockchain
Crypto Highlights from Last Week
🔹The cryptocurrency market saw mixed developments as the #SEC appealed the #Ripple ruling and #Bitwise filed for a spot #XRPETF, reflecting ongoing regulatory scrutiny.
🔹Here’s a quick look at last week's #Crypto highlights and trends that could impact your portfolio!
#CoinPedia #CryptoNews #Blockchain #cryptomarket
🔹The cryptocurrency market saw mixed developments as the #SEC appealed the #Ripple ruling and #Bitwise filed for a spot #XRPETF, reflecting ongoing regulatory scrutiny.
🔹Here’s a quick look at last week's #Crypto highlights and trends that could impact your portfolio!
#CoinPedia #CryptoNews #Blockchain #cryptomarket