Photo by BeInCrypto US-listed spot XRP exchange-traded funds (ETFs) have recorded one month of consecutive net inflows since their November 13 debut, setting them apart from Bitcoin and Ethereum ETFs that experienced billions in outflows over the same period. The milestone marks a turning point for XRP, which was excluded from traditional investment vehicles for years due to regulatory uncertainty surrounding Ripple's legal battle with the US Securities and Exchange Commission. Now, with spot ETFs lifting ...

Demand for XRP exchange-traded funds shows no signs of ebbing. Spot ETFs backed by the Ripple-linked crypto have attracted $954 million in investment since Canary Capital’s blockbuster November debut, SoSoValue data shows. That is triple the $293 million in Solana products over the same window. By contrast, Bitcoin ETFs saw $2.5 billion in selling, while Ethereum ETFs also bled $471 million, DefiLlama data shows. ETFs are “significant flow machines,” Hyunsu Jung, CEO of treasury firm Hyperion DeFi, to ...

U.S. spot exchange-traded funds are starting to note inflows as Bitcoin embarks on a choppy yet upsloping move, ending weeks of corrections. Spot Ethereum ETFs attracted $177.64 million on Tuesday, hitting a six-week high, according to SoSoValue data—more than the $151.74 million that flowed into spot Bitcoin ETFs. Among other major altcoin ETFs, Solana saw the highest netflow on Tuesday at $16.54 million. XRP ETFs attracted $8.73 million, while funds for Dogecoin and Chainlink remained flat. “ETF flows ...

Welcome to Stocks and Translation, Yahoo Finance's video podcast that cuts through the market mayhem, the noisy numbers, and the hyperbole to give you the information you need to make the right trade for your portfolio. I'm Jared Blickery, your host, and with me is Yahoo Finance senior reporter Ali Canal, who's here to connect the dots and to be that bridge between Wall Street and Main Street. With the big Bitcoin wash out recently, we're going to be digging into all things crypto with a special guest. And ...

Market Performance - Bitcoin has surged back above $90,000, trading at $90,339 after a 6.7% increase in the past day, marking its highest level since last week [1] - The trading volume for Bitcoin has more than doubled, exceeding $92 billion, indicating heightened market activity [3] - Ethereum has also seen significant gains, rising nearly 10% and briefly surpassing $3,000, while XRP increased by 7.3% to trade at $2.14 [3] Liquidation and Derivatives - The recent price rise has led to the liquidation of $157 million in Bitcoin short contracts and over $312 million across all crypto derivatives products [2] Federal Reserve Influence - Analysts suggest that the performance of Bitcoin and the broader crypto market will be influenced by the outcomes of the Federal Open Markets Committee's meeting on December 9-10 [4] - The Federal Reserve recently injected $13.5 billion via overnight repos to address year-end liquidity issues, which is seen as a routine stabilization measure rather than a shift in broader policy [5] Fund Flows and ETFs - Bitcoin, Ethereum, and XRP ETFs have rebounded, adding over $1 billion in the past week, with Bitcoin ETFs seeing $8.5 million in net inflows [6] - However, Ethereum ETFs experienced a slight pullback with $79 million withdrawn, and Solana funds had $13.5 million in shares redeemed [7]

Core Insights - Ethereum's price is approaching the $3,030 level, with a projected monthly loss of 21.4% due to significant whale sell-offs and external pressures from the US government shutdown and political climate [1] ETF Performance - US-listed Ethereum ETFs experienced $1.284 billion in outflows from November 11 to November 20, despite returning to net inflows in the final week, which totaled $368 million. However, this was not enough to offset the monthly deficit of $1.4 billion in withdrawals [2] Whale Activity - Bitmine, the largest Ethereum treasury holder, added 14,618 ETH worth approximately $185 million in the last week of November, indicating a long-term commitment from US corporate investors [3] Derivatives Market Sentiment - The derivatives market shows a bullish trend as whales deployed $700 million in long positions at the $2,960 support level, although this did not reverse Ethereum's 21% monthly loss [4] - Data from Coinglass indicates that bulls regained control with 3.97 million active long ETH contracts, significantly outweighing $1.9 billion in total shorts [5] Price Support and Outlook - Ethereum maintained the $3,000 support area despite pressure from Bitcoin's price movements, with whales actively defending this zone, which may serve as a psychological anchor for December's price outlook [6] - The derivatives sentiment is bullish entering December, but there is a tactical ceiling near the $3,100 level due to over $1.3 billion in active short positions. A breakout above this level could lead to a short squeeze, potentially driving ETH towards $3,500 [7]

JPMorgan Faces Heavy Backlash from Grant Cardone, Jack Mallers, Max Keiser, Other Bitcoin Advocates — Source: CoinGape Strategy and Bitcoin advocates including Max Keiser calls for boycott of JPMorgan. Grant Cardone and other closed their JPMorgan bank accounts. Strike CEO Jack Mallers revealed that he was debanked by JPMorgan. Financial giant JPMorgan is in the crosshairs as the bank faces backlash and account closures following attacks on Bitcoin, including treasury firm Strategy, and links to th ...

bitmine added 54,156 eth last week alone. now holds 2.9% of all ethereum chasing a 5% target. eth etfs dumped $729m same period with 10% of holdings sold in 30 days. one entity accumulating 7,736 eth daily into panic selling at 0.034 eth/btc ratio. someone's wrong here and it's not the entity committing $8b more. ...

BitMine Immersion Technologies, the world’s largest Ethereum treasury company controlling more than 2.9% of the network’s supply, announced new leadership on Friday. The company appointed Chi Tsang as its new Chief Executive Officer, succeeding Jonathan Bates, while simultaneously adding three independent directors, Robert Sechan, Olivia Howe, and Jason Edgeworth, to its board. The reshuffle marks one of BitMine’s most significant updates since its NYSE listing and comes as the firm pushes toward its str ...

Core Insights - Bitcoin holders exhibit more "diamond hands" behavior compared to Ethereum holders, with Bitcoin being less frequently moved and treated more as a "digital savings asset" [1][2] - Ethereum, functioning as "digital oil," is actively used for transactions and smart contracts, leading to higher turnover compared to Bitcoin [1][3] Group 1: Bitcoin Characteristics - Bitcoin is largely hoarded with low turnover, indicating a trend of supply migrating into long-term hold wrappers rather than remaining on exchanges [2] - Bitcoin's recent trading price was $95,992, reflecting a nearly 6% decline over the past week, with an all-time high of $126,088 reached in October [5] Group 2: Ethereum Characteristics - Ethereum's long-term holders are mobilizing their coins at a rate three times faster than Bitcoin's long-term holders, indicating a utility-driven behavior [3] - Ethereum's price recently stood at nearly $3,208, down 4.5% over the past week, and it has traded below its all-time high of $4,946 [4] - Approximately one out of every four ETH is locked in native staking and ETFs, showcasing its potential store-of-value use cases despite its active transaction nature [4]