CryptoFunds
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Understanding Grantor Trusts âDid you know #SpotEtherETFs are set up as grantor trusts? This means you own a piece of the actual Ether!
#CryptoFunds #BlockchainInvesting $ETH
#CryptoFunds #BlockchainInvesting $ETH
đ Solana Funds Mark Record Losses While Bitcoin ETFs Gain đ
đ„ Solanaâs Record Outflows:
đ» $39 Million Pulled: Investors withdrew a record $39 million from Solana-based funds last week.
đ Meme Coin Impact: Declining trading volumes of Solana-based meme coins, like Dogwifhat (WIF) and Bonk, contributed to this massive outflow.
đ Global Reach: Outflows primarily affected European and Asian markets, as U.S. investors still await Solana ETPs.
đ° Bitcoin ETFs See Modest Gains:
đ” $42 Million Inflows: Bitcoin funds saw $42 million in new investments, up from $13 million the previous week.
đ Spot ETFs Lead the Way: Approved by the SEC in January, Bitcoin spot ETFs from giants like BlackRock and Fidelity are leading the charge on American stock exchanges.
đ Market Overview:
đ Crypto Fund Inflows Down: Total inflows fell to $30 million last week from $176 million the week prior.
đ Price Movement: Bitcoin trades at $58,500, down 12% over the past 30 days, while Solana sits at $144, down 15%.
đ Crypto Market in Flux: As Solana faces challenges, Bitcoin remains a stronghold for investors seeking stability in a volatile market.
#SolanaStrong #Bitcoinâ #ETFs
đ„ Solanaâs Record Outflows:
đ» $39 Million Pulled: Investors withdrew a record $39 million from Solana-based funds last week.
đ Meme Coin Impact: Declining trading volumes of Solana-based meme coins, like Dogwifhat (WIF) and Bonk, contributed to this massive outflow.
đ Global Reach: Outflows primarily affected European and Asian markets, as U.S. investors still await Solana ETPs.
đ° Bitcoin ETFs See Modest Gains:
đ” $42 Million Inflows: Bitcoin funds saw $42 million in new investments, up from $13 million the previous week.
đ Spot ETFs Lead the Way: Approved by the SEC in January, Bitcoin spot ETFs from giants like BlackRock and Fidelity are leading the charge on American stock exchanges.
đ Market Overview:
đ Crypto Fund Inflows Down: Total inflows fell to $30 million last week from $176 million the week prior.
đ Price Movement: Bitcoin trades at $58,500, down 12% over the past 30 days, while Solana sits at $144, down 15%.
đ Crypto Market in Flux: As Solana faces challenges, Bitcoin remains a stronghold for investors seeking stability in a volatile market.
#SolanaStrong #Bitcoinâ #ETFs
đ Crypto Market Turnaround: Binance Funds See Surging Interest!đ
Last weekâs crypto market saw a dramatic shift, with a hefty $305 million exit from digital assets. Bitcoin took the biggest hit, facing a $319 million outflow, while Ether funds saw a smaller drop of $5.7 million. Despite this, short-Bitcoin funds are making waves, capturing the highest inflows since March!
CoinShares, Europe's leading digital asset manager, reveals that the recent economic data from the US has dampened hopes for a major Fed rate cut, causing heightened sensitivity in crypto markets. In this climate, Binance (BNB) funds are bucking the trend, attracting a solid $800,000 as investors seek refuge in the worldâs largest crypto exchange.
Additionally, Solana shines with $7.6 million in new investments, and blockchain-based funds, particularly mining stocks, draw $11 million. Meanwhile, Cardano (ADA) and Litecoin funds received $300,000 each, reflecting a cautious but hopeful sentiment.
Stay tuned to see how these trends unfold and where the next big opportunities might be! đ
#Binance #Crypto #Investment #Bitcoin #Solana #Cardano #Litecoin #CryptoFunds
Last weekâs crypto market saw a dramatic shift, with a hefty $305 million exit from digital assets. Bitcoin took the biggest hit, facing a $319 million outflow, while Ether funds saw a smaller drop of $5.7 million. Despite this, short-Bitcoin funds are making waves, capturing the highest inflows since March!
CoinShares, Europe's leading digital asset manager, reveals that the recent economic data from the US has dampened hopes for a major Fed rate cut, causing heightened sensitivity in crypto markets. In this climate, Binance (BNB) funds are bucking the trend, attracting a solid $800,000 as investors seek refuge in the worldâs largest crypto exchange.
Additionally, Solana shines with $7.6 million in new investments, and blockchain-based funds, particularly mining stocks, draw $11 million. Meanwhile, Cardano (ADA) and Litecoin funds received $300,000 each, reflecting a cautious but hopeful sentiment.
Stay tuned to see how these trends unfold and where the next big opportunities might be! đ
#Binance #Crypto #Investment #Bitcoin #Solana #Cardano #Litecoin #CryptoFunds
