Altcoins News
By Steven Anderson
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Why the Money Left. Economic headwinds spooked investors hard. Global indicators keep sending mixed signals, and…
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Market Players Stay Split. Bitcoin traded around $27,000 on March 28, down from recent highs but still holding key support…
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Spot Bitcoin ETFs just lost $296 million this week. The outflow breaks a four-week winning streak that had investors pretty excited about crypto exposure through traditional funds.
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For four straight weeks, Bitcoin ETFs pulled in fresh cash as investors warmed up to the idea of crypto exposure without actually holding Bitcoin directly.
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Economic headwinds spooked investors hard. Global indicators keep sending mixed signals, and nobody wants to guess wrong about where markets head next.
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Inflation data keeps coming in hot while the Federal Reserve hints at more rate hikes down the road.
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The timing couldn't be worse for ETF providers who spent months building momentum. BlackRock and Fidelity both have applications sitting with the SEC, waiting for approval on new…
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Bitcoin traded around $27,000 on March 28, down from recent highs but still holding key support levels that technical traders watch closely.
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CoinShares data shows the outflows represent a massive shift from March's first three weeks, when Bitcoin ETFs consistently attracted new capital.
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Grayscale keeps pushing for approval of its own Bitcoin ETF despite the recent money flight.
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Ethereum-based ETFs also felt the pain, losing about $50 million over the same period. The broader crypto selloff suggests investors aren't just worried about Bitcoin - they're…
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The SEC faces mounting pressure to make decisions on several pending ETF applications from firms like Valkyrie and VanEck.
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Cathie Wood from ARK Invest still talks up Bitcoin's long-term potential, calling the current weakness a temporary setback rather than a fundamental shift.
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Traditional banks are watching closely too. JPMorgan Chase recently published research highlighting the importance of understanding crypto in modern portfolios, while Goldman…
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MicroStrategy keeps buying the dip. CEO Michael Saylor announced another 1,000 Bitcoin purchase on March 25, bringing the company's total holdings above 130,000 BTC.
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