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The crypto exchange-traded funds (ETFs) market continues to smash records, with unprecedented demand recorded in the past couple of months. Futures-based Solana (SOL) and XRP ETFs, for instance, have seen over $1 billion in total inflows since their debut in March and April, respectively, as suggested by recent data provided by FactSet .  XRP and SOL ETF flows. Source: FactSet  The milestone comes just months after the funds’ debut in the U.S., as speculations about a potential BlackRock XRP ETF continue to mount. Crypto futures ETFs beat all expectations The first U.S. Solana futures ETF was launched by Volatility Shares in March. XRP made its way to the market a month later, with Teucrium’s 2x leveraged fund, followed by Volatility’s non-leveraged futures product in May. In July, both assets saw around $350 million in inflows. Recently, ETF Store president Nate Geraci argued that strong futures demand could lead to BlackRock vying for a share of...

It has been a fantastic start to the week for the leading cryptocurrency, as it has bounced back in a major way. Moreover, Bitcoin ETF inflows have increased 146% amid an ongoing 3-day streak, leaving many to question if a bull market is nearing for the asset class. The token had briefly broken through the $94,000 mark as it has been increasing steadily over the last two days. Indeed, it has been fueled by a shifting sentiment that has benefited a host of financial markets. Therefore, could there be even more gains approaching for the token? Source: Watcher Guru Also Read: Deutsche Bank, Standard Chartered Eye Expanded US Crypto Operations Bitcoin ETFs Continue Bounce Back as Sentiment Is Starting to Shift Tuesday proved to be major for Bitcoin, as the asset has been surging. It officially overtook Google as the fifth-largest asset in the world. Moreover, it has shown signs that increased price movement could be in its future. Specifically, its investment fund has been doing increasing...

International digital asset management firm CoinShares says institutional crypto investors have finally ended their post-US election 19-week crypto buying spree. According to Coinshares, institutional whales pulled over $415 million out of crypto products last week after nearly 20 weeks of inflows. “Digital asset investment products saw their first significant outflows, totaling $415m, following an unprecedented 19-week post-US election inflow streak that amassed $29.4bn — far surpassing the $16bn recorded in the first 19 weeks of US spot ETF (exchange-traded fund) launches that began in January 2024.” Source: CoinShares Coinshares also postulates that a hawkish Fed may have precipitated the drop. “We believe these outflows were triggered by the Congressional meeting with Fed Chair Jerome Powell, who signaled a more hawkish monetary policy stance, coupled with US inflation data exceeding expectations.” Per the CoinShares report, the Unit...

Digital assets manager CoinShares says institutional investors dropped over three billion dollars into crypto products last week. In its latest Digital Asset Fund Flows  report , CoinShares says that institutional crypto investment products saw a surge in net inflows of $3.13 billion last week, a new inflow record. “Digital asset investment products saw the largest weekly inflows on record, totaling US$3.13bn, bringing total inflows since mid-September, when interest rates were first cut in the US, to US$15.2bn. Year-to-date inflows now stand at a record $37bn, driven primarily by Bitcoin, far outpacing the debut of US Gold ETFs, which attracted just $309 million in their first year.” Source: CoinShares The US led the world regionally in inflows at $3.2 billion. Germany, Sweden, and Switzerland cut into the inflows with a total combined $141 million in outflows. “More positive sentiment was seen in Australia, Canada and Hong Kong, with inflows ...

Ethereum is approximately one-third the size of Bitcoin, and the debut of its spot ETFs was slightly less than commensurate by size. However, ether has outperformed bitcoin when we look at the absolute value of its net flows on the day of its ETFs debut. Ether posted a positive $107 million versus bitcoin’s decidedly negative -$1.5 billion. First-day trading volume of Blackrock’s spot ether ETF totaled approximately one-quarter the volume of first-day trading volume of Blackrock’s spot bitcoin ETF. Combined, trading volume for all nine spot ether ETFs totaled $1.112 billion yesterday — slightly under one-quarter the volume of all spot bitcoin ETFs on their debut day. At the close of after-hours trading on US markets, net flow data was unavailable for two spot ether ETFs: Blackrock (ETHA) and Invesco/Galaxy (QETH). Excluding those two funds with unavailable data, most reporters went to bed reporting that money probably flowed out of spot ether ETFs. Net flows ex-ETHA/QETH tot...