Spot Bitcoin ETFs See $64.9 Million Outflows
Spot BTC ETFs in the US experienced a decrease of $64.9 million in net flows on June 10, ending their four-week period of consecutive gains.
Bitcoin and Ethereum Volatility Will Decrease, Analyst Says
Current implied volatility levels for Bitcoin and Ethereum options suggest a relatively stable market for cryptocurrencies in the upcoming weeks, according to Deribit’s commercial director Luuk Strijers.
Inflows into US Spot Bitcoin ETFs Continue
On June 3, there was a total of $105.1 million flowing into 11 approved Bitcoin spot ETFs.
Bitcoin ETF Market Experiences Longest Growth Since February: Analysts
Since mid-May, there has been a significant increase in capital flowing into the Bitcoin ETF market, as reported by Farside.
BlackRock Funds Buy Shares of its Bitcoin ETF
In the first quarter of this year, BlackRock’s income and bond-focused funds purchased shares of the company’s own Bitcoin exchange-traded fund (ETF), according to regulatory filings.
Bitcoin Mining Difficulty Rises by 1.5%
Following a recent adjustment, the difficulty level for mining the first cryptocurrency increased by 1.48% to 84.38 T.
Number of New Bitcoin Addresses Falls to Lowest Level Since 2018
The rate of new Bitcoin address registrations on the network has dropped to its lowest point since 2018.
