
Bitcoin ETPs Experience Largest Seven-Day Inflow Since July: News of October 18, 2024
Bitcoin ETPs saw their largest weekly inflows since July, totaling $1.74 billion. Ether also recorded significant gains, with $48.4 million in inflows.

Bitcoin ETPs saw their largest weekly inflows since July, totaling $1.74 billion. Ether also recorded significant gains, with $48.4 million in inflows.

Bitcoin continues to trade above its 50-day moving average, signaling a key support level. Traders are closely monitoring for a breakout or pullback as volatility lingers.

Despite a hotter-than-expected PPI report, the crypto market is seeing strong gains. Meme coins like POPCAT and SPX lead the charge, setting new highs.

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FBI creates its own cryptocurrency. US to sell $4.4B in Bitcoin. Plus, Bitcoin's price action and more.

Spot BTC ETFs experienced significant outflows of $30.6 million on October 9th, while ETH ETFs remained flat. China began liquidating seized ETH from the PlusToken case. Plus, a PwC study reveals nearly half of traditional hedge funds are now investing in crypto.

October 8 witnessed major net outflows from spot BTC and ETH ETFs, according to Farside data. Solana also saw impressive developer activity growth this month, adding to its momentum in the blockchain space.

Bitcoin is currently experiencing a pullback, meeting resistance near the 200-day moving average. Meanwhile, Bitcoin ETFs have attracted significant inflows, indicating continued interest in the cryptocurrency market.
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