Crypto News

Bitcoin ETFs The demand for Bitcoin exchange-traded funds (ETFs) in the U.S. has been on the rise, with a noticeable increase in net positive flows. This comes as no surprise, as Bitcoin continues to make headlines and gain mainstream acceptance as a legitimate asset class. With the recent approval of a Bitcoin ETF in Canada, investors are eagerly waiting for the same to happen in the U.S. market. The top-performing Bitcoin ETFs, such as GBTC and QBTC, have seen a surge in demand, resulting in their net positive flows spiking to new highs. This is a clear indication of the growing interest and confidence in Bitcoin as a long-term investment. With the ongoing volatility in traditional markets, investors are turning to Bitcoin as a hedge against inflation and economic uncertainty. Ether ETFs While Bitcoin ETFs dominated the spotlight, Ether ETFs also saw a positive trend with a break in their five-day outflow streak. This suggests that investors are starting to diversify their p...