{
}
Bitcoin ETFs faced over $1 billion in outflows ahead of Christmas, with Fidelity’s FBTC leading the decline at $146 million. In contrast, Ethereum ETFs saw a surge of $130.8 million in inflows, primarily driven by BlackRock’s ETHA. Despite recent sell-offs, Bitcoin ETFs have accumulated $35.83 billion since launch, while Ethereum ETFs have reached $2.46 billion in inflows.
Bitcoin's recent drop below $97,000 triggered $1.57 billion in liquidations, with $1.39 billion in long positions affected, marking the highest liquidation since September 2021. The concentration of liquidations around the $97,700 mark indicates overconfidence among traders anticipating a price surge past $100,000. This steep decline in leveraged long positions suggests a potential for short-term recovery as sell-side pressure diminishes.
Dimitri De Jong
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bitcoin etfs face outflows while ethereum funds see significant inflows
Invesco QQQ Trust
Bitwise Bitcoin ETF
Fidelity Contrafund
BlackRock, Inc.
Grayscale Litecoin Trust
Sunny Aggarwal
Liam Wright
Nate Whitehill
Dimitri De Jong
Paul Kohlhaas
Show more
17:04 24.12.2024
immersive generative art and blockchain solutions redefine creative expression and data ownership
12:41 10.12.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Central Bank Actions
Banking Regulations
Retail and Consumer Goods
Finance Mergers & Acquisitions
Industry Mergers & Acquisitions
Startups & Entrepreneurship
Inflation and Monetary Impact
Government Economic Policies
Domestic Politics
CEO Changes
Market Analysis and Predictions
Workplace Trends
Government Policies
Supply Chain Management
Financial Scams and Security
Countries:
Companies:
Tesla, Inc.
Apple Inc.
Barclays PLC
JPMorgan Chase & Co.
Deutsche Bank Money Market PP
Credit Suisse Strategic Income I
The Goldman Sachs Group, Inc.
Berkshire Hathaway Inc.
UBS Group AG
BNP Paribas SA
Banco Santander, S.A.
Lloyds Banking Group plc
SpaceXCoin USD
Jenoptik AG
Air France-KLM
Bank of America Corporation
Amazon.com, Inc.
NVIDIA Corporation
Infineon Technologies AG
Banco BPM S.p.A.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Chinese Yuan
Canadian Dollar
Vietnamese Đồng
South Korean Won
Australian Dollar
Thai Baht
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Hong Kong Dollar
Offshore Chinese Yuan
New Zealand Dollar
Cambodian Riel
Myanmar Kyat
People:
Donald Trump
Elon Musk
JD Vance
Sergio Ermotti
Warren Buffett
Mark Haefele
Jennifer Piepszak
Ursula von der Leyen
Olivier Calvet
Scott Bessent
George Saravelos
Karoline Leavitt
Francois Xavier Bouvignies
Joseph Spak
Robin Leopold
Susan P. Crawford
Greg Rubini
Narendra Modi
Joe Biden
Petra Kaltenbach