Bitcoin ETF Inflows Rise as Altcoin Fund Demand Dries Up
Bitcoin ETFs attracted $986.9 million in the week ending Sept. 4, while inflows into Ethereum, Solana, XRP, and Hyperliquid funds fell sharply.
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Bitcoin ETFs attracted $986.9 million in the week ending Sept. 4, while inflows into Ethereum, Solana, XRP, and Hyperliquid funds fell sharply.
US markets closed for Labor Day, leading to thinner liquidity and potential exaggerated price moves. Key inflation data due later this week.
Liquid Network's bridge was drained of ~4,000 BTC by attackers claiming to be white hats. Ledger's CTO doubts the claim, comparing it to the Ronin hack.
Bloom Energy shares have climbed 52% since a Pelosi household purchase in July; the fuel-cell company also will join the S&P 500.
Grayscale's Zcash ETF held $463.2M in assets as ZEC hit $1,185, up 11% in 24 hours.
Oil firmed after Hormuz attacks, gold slipped on strong jobs data, and Asian stocks were mixed as the Hang Seng fell while the Nikkei and Kospi gained.
UK permanent hiring increased for the first time since September 2022, while a strong US jobs report raised the odds of a Federal Reserve rate hike.
Central banks in the Netherlands, France and Norway have moved gold or bonds out of US assets, raising concerns about Trump-era unpredictability.
South Korean stocks and won rallied on AI chip demand, while Japan's Nikkei rose but the calmer markets narrative conflicts with Wall Street's decline.
CZ says bitcoin could overtake gold in the next bull run, with a price target near $697,000 if it matches investable gold's value.