U.S. spot Bitcoin ETFs have recorded eight consecutive days of institutional selling, with total outflows reaching approximately $825 million as year-end tax strategies dominate market behavior. According to analyst Alek, the sustained selling pressure stems primarily from tax loss harvesting. He claimed it is a temporary phenomenon expected to conclude within the coming week, alongside de-risking ahead of Bitcoin’s quarterly options expiry. On December 24 alone, U.S. spot Bitcoin ETFs witnessed net ou ...

Key Takeaways JPMorgan is considering offering crypto trading, including spot and derivatives, to its institutional clients.JPM sees easing regulation and rising institutional demand as banks gain room to offer crypto services rules.JPMorgan's entry could add liquidity, improve execution and tighten spreads while intensifying competition.Earlier this month, when the Office of the Comptroller of the Currency ("OCC") issued new guidance allowing banks to act as crypto brokers, it was only a matter of time bef ...

XRP spot ETFs in the U.S. quietly gathered around $1.2 Bn in assets in just a few weeks, even as crypto prices softened and hype around Bitcoin and Ethereum ETFs faded. XRP itself has struggled after recent highs, but the steady ETF buying tells a different story. This comes as regulators open the door to more crypto ETFs and institutions seek new ways to gain crypto exposure without trading on exchanges. Why Are XRP ETFs Pulling Cash When Bitcoin and Ethereum Slow Down? First, a quick refresher. An ET ...

Photo by BeInCrypto Despite strong accumulation by Bitcoin ETFs and DATs this year, Bitcoin’s price has failed to attract the strong retail participation seen in previous cycles. Well-known market analysts such as Ki Young Ju, CEO of CryptoQuant, and veteran trader Peter Brandt have released their latest Bitcoin outlooks. Their views shed light on Bitcoin’s short-, medium-, and long-term prospects. Short-Term Outlook In the short term, Bitcoin may continue facing difficulties in staging a recovery. Thi ...

Bitcoin remains range-bound heading into Christmas as thinning liquidity and year-end de-risking push traders to the sidelines, with perpetual open interest dropping $3 billion for BTC and $2 billion for ETH overnight, leaving markets vulnerable to sharp moves in either direction despite reduced leverage, according to QCP Capital. While gold surged to fresh all-time highs, gaining 67% year to date, Bitcoin has failed to break free from consolidation between $85,000 support and $93,000 resistance, closing ...

The Ethereum treasury company Bitmine Immersion, led by Fundstrat Capital’s CIO Tom Lee, has been accumulating the leading altcoin amid market consolidation. Bitmine purchased 29,462 ETH on Tuesday, Dec. 23, according to data from Lookonchain. On Dec. 22, the Ethereum treasury firm accumulated another 13,412 ETH. The 42,874 ETH purchase, worth roughly $128.7 million, in the past two days brings Bitmine’s total holding to over 4.06 million ETH tokens. Bitmine has been heavily buying ETH over the past mo ...

Bitcoin ( CRYPTO: BTC ) ETFs now hold more than 1.3 million coins, representing roughly 6% of all mined BTC. ...

Spot XRP ETFs in the United States have continued to show strength, clocking $82 million in inflows over the past week. The significance of these net flows is even more pronounced as Bitcoin ETFs and Ethereum ETFs bled. XRP ETFs Cross $1.2 Billion in AUM Spot XRP ETFs in the US have crossed $1.2 billion in total assets under management (AUM). Since its launch in mid-November, this investment product has seen six weeks of continuous inflows. This shows that the institutional interest remains intact even w ...

Bitcoin and Ethereum grew volatile on Thursday, whipsawing after a widely watched inflation gauge indicated that consumer prices rose less than expected last month. The cryptocurrencies respectively popped as high as $89,000 and $2,980 before U.S. markets opened, as delayed data from the Bureau of Labor Statistics edged rate cut hopes higher. However, when the opening bell rang, Bitcoin and Ethereum wavered. As of this writing, Bitcoin had fallen 1.6% over the past week to $88,399, according to CoinGecko. ...

RT James Hunt (@humanjets)U.S. spot Bitcoin ETFs saw $457 million worth of net inflows on Wednesday — their largest daily haul in over a month — with @Fidelity's FBTC leading the charge as BTC briefly topped $90,000.However, recent heavy outflows have seen their collective year-to-date total drop to around $22.6 billion — well below the $35.4 billion in cumulative inflows they witnessed in 2024.Dig into the numbers on @TheBlock__'s data dashboard ⬇️ ...