1 min read
Business

Bitcoin ETF Surge Fuels 79% Inflows to BlackRock and Fidelity

BlackRock and Fidelity have emerged as the big winners in the Bitcoin ETF mania, capturing a whopping 79% of inflows into the ‘Newborn Nine’ funds.

3 min read
Business

Bitcoin ETFs Witness Record Inflow Day as BTC Surges Past $46,000 Mark

Bitcoin exchange-traded funds (ETFs) experienced a remarkable surge in inflows yesterday, marking the third-largest influx in their history. This milestone comes hand in hand with Bitcoin’s price surpassing the $46,000 threshold, further solidifying the cryptocurrency’s strong upward momentum.

2 min read
Business

Bitcoin price on the rise: Approaching $44K as ETFs record positive net inflows after a week-long slump.

Bitcoin’s price is on the verge of crossing the $44,000 mark as exchange-traded funds (ETFs) witness a surge in net inflows after a week of outflows. This positive development comes as the cryptocurrency market continues to show signs of recovery following a recent dip.

3 min read
Business

Surge in Reverse Repo Facility Inflows Hits $1.018 Trillion, Says New York Fed

The New York Federal Reserve announced today that its reverse repo facility has experienced an unprecedented surge in inflows, with the total reaching a staggering $1.018 trillion. This significant increase in activity has caught the attention of market analysts and policymakers alike.