Bitcoin Tops $47,000 Following U.S. ETF Approval
Bitcoin surged to $47,000 Thursday morning, after the SEC approved multiple U.S. spot Bitcoin ETFs Wednesday.
Original source
Read on DecryptRelated market context
Bitcoin spot ETFs see $316M outflows, marking fifth week of decline
Institutional investors are reallocating within crypto, favoring altcoins like XRP and HYPE, indicating a shift in market dynamics...
Spot Bitcoin ETFs Snap Five-Day Outflow Streak With $85.8 Million Inflows
TL;DR Spot Bitcoin ETF products returned to net inflows after five straight days of outflows. The reported Friday total was $85.8...
HYPE ETFs quietly pulled $161M in one month as Wall Street buys crypto’s on-chain exchange bet
One month after THYP launched on Nasdaq, the three US-traded spot HYPE ETFs have pulled in $161 million in net inflows. June 5 was...
Bitcoin ETFs Snap Outflow Streak While Ether Funds Stay Under Pressure
The Bitcoin ETF market is showing signs of life again, but Ether funds are still struggling to find the same bid. TL;DR US spot Bi...
CFTC Chair Michael Selig defends approval of perps trading in US
The approval of regulated Bitcoin perpetual futures in the US could shift global trading dynamics, attracting liquidity back to do...
Ethereum leads tokenized ETFs market with $438M cap and 74% share
Ethereum's dominance in tokenized ETFs highlights its pivotal role in the evolving DeFi landscape, but also underscores potential...