US Spot Bitcoin ETFs Lose $168M in a Day
On Monday, there were $168.4 million in net outflows reported for spot Bitcoin ETFs in the US, as the crypto market experienced significant volatility.
Spot Ethereum ETFs Take In $49M
Despite a 20% drop in its price, US-listed exchange-traded funds (ETFs) for Ether saw net inflows of nearly $49 million on Monday.
Ark Invest Acquires $18M of Coinbase Shares
Ark Invest has recently made a significant investment in Coinbase, purchasing 93,797 shares worth a total of $17.8 million across three of its exchange-traded funds on Monday.
Bitcoin Dominance Approaches 60%
The percentage of Bitcoin’s market value compared to the overall cryptocurrency market, known as Bitcoin dominance, has reached a new yearly high of 58% amidst a decline in both crypto and stock markets.
Xapo Bank Starts Offering Interest-Bearing Bitcoin Accounts in UK
Xapo Bank has become the first UK bank to offer interest-bearing accounts for both Bitcoin and fiat currencies.
Morgan Stanley Will Allow Clients to Access Bitcoin ETFS
Morgan Stanley has informed its financial advisors that select clients will soon be able to access spot bitcoin exchange-traded funds (ETFs).
