Zcash rises despite market turmoil as Ethereum and Bitcoin ETFs see $700M outflows amid institutional selling.
Trump and Xi’s one-year trade deal cuts U.S. tariffs on China, easing tensions and sparking a rebound in Bitcoin and major cryptocurrencies.
Bitcoin and Ether ETFs saw $439M outflows as markets await Powell’s speech, with crypto trading near key support levels.
U.S. Bitcoin ETFs saw $278M in daily outflows on June 5, yet total inflows held at $44.29B with IBIT leading net assets.
Ethereum ETFs gain traction after SEC approval, offering investors ETH exposure. Nine funds now trade, with more crypto ETFs expected.
The two existing crypto ETFs recorded no inflows yesterday as the crypto market was hit with another slump. The Bitcoin ETFs saw only exits, while Ethereum ETFs recorded no single transaction across all nine funds. The abysmal performance of the ETF products aligns with the current market trend, which is highly bearish following the continuation of Donald…
The 11 Bitcoin ETFs ended yesterday with a $218.1 million inflow, ending three straight days of outflow that saw the funds lose $311.6 million. The Bitcoin ETFs have slowly recovered from the Early March meltdown fuelled by Donald Trump's Tariff wars with geopolitical rivals. The dark days saw Bitcoin drop to as low as $75,000 from…