Dig Deeper, Invest Smarter
US spot Ethereum exchange-traded funds (ETFs) recorded a historic daily net inflow of $726 million on Wednesday, signaling robust institutional interest in Ethereum as the altcoin market gains strength. The investment vehicles shattered the previous record that stood at $428 million, set on December 5, 2024, as ETH soared to levels not seen since January
The post Ethereum ETF Inflows Hit Record High as ETH Surges Past $3,400 appeared first on CoinGape.
On Tuesday, institutional investors continued to pour capital into spot Bitcoin ETFs, marking the eighth consecutive day of inflows.
Total net inflows across all US-listed Bitcoin ETFs exceeded $170 million for the day, reinforcing the bullish sentiment that has gripped the market since last week.
Yesterday, BTC-backed funds posted another net inflow, totaling $172.78 million. This signaled sustained confidence in the asset class.
BlackRock’s iShares Bitcoin Trust (IBIT) once again led the pack, recording the highest daily inflow among all issuers. On Tuesday, the fund recorded a daily net inflow of $216.73 million, bringing its total historical net inflow to $42.39 billion.
IBIT has consistently dominated in recent sessions, reflecting BlackRock’s influence in the crypto ETF space and sustained institutional trust in its offerings.
Meanwhile, Bitwise’s spot Bitcoin ETF (BITB) recorded the highest net outflow among all issuers on Tuesday, with $24.39 million exiting the fund. Nevertheless, BITB’s total historical net inflows remain strong at $2.05 billion.
Open interest (OI) in the Bitcoin futures market has seen a modest decline today. This suggests a degree of cooling among leveraged positions, as some traders are closing out positions.
It stands at $61.81 billion at press time, plunging by 3% over the past 24 hours. During that period, BTC’s price noted a 1% uptick.
When an asset’s price rises while open interest falls, traders take profits or de-risk, suggesting caution despite the uptick. This trend points to a lack of conviction in BTC’s rally, with fewer participants willing to take on new leveraged positions.
However, broader market sentiment remains optimistic. BTC’s funding rate is currently at 0.004%, indicating that long positions are still willing to pay to maintain leverage.
The funding rate is a periodic payment between long and short traders in perpetual futures contracts, used to keep the contract price aligned with the spot market. When the funding rate is positive, longs are paying shorts, indicating that more traders are betting on the price going up, a sign of bullish market sentiment.
Moreover, the increase in call option volume suggests that traders are positioning for further upside in the coin’s price.
While derivatives activity shows minor signs of uncertainty, the persistent inflows into spot Bitcoin ETFs point to a market still leaning bullish in the near term.
The post Investors Pour Into Bitcoin ETFs for 8th Straight Day | ETF News appeared first on BeInCrypto.
The crypto ETF industry is gaining high attention and momentum, beginning with the high inflows in the Bitcoin (BTC) exchange-traded fund. Although to this day, only two spot ETFs have been approved, more than 72, including XRP filings, await the U.S. Securities and Exchange Commission (SEC) approval. Let’s discuss what’s coming next.
There are 72 ETF filings for Crypto ETFs, with a decision due this year.
We are FAR from being done. pic.twitter.com/RREDBa1JS6
— THG (@CryptoTHG) April 23, 2025
The approval of BTC and ETH ETF opened the possibility of many others’ approval. However, despite the crypto ETF filing, the SEC decision on 72 filings remains under review. April was anticipated to bring better clarity from the SEC on some of these exchange-traded funds, like Franklin Templeton’s XRP spot ETF, but that has been postponed until June. Fidelity’s ETH ETF staking provisions also got delayed.
In a recent X post, a Bloomberg analyst anticipated further delay, claiming that this could extend till October 2025 or later. Experts claim a better response could come with Paul Atlins joining the SEC office fully before anticipating potential approval in Q3-Q4 2025.
We also had the SEC delay decisions on Ethereum Staking and Dogecoin ETFs today. I am expecting more delays today or at least this week on some Solana and Hedera/HBAR ETF filings. This is expected IMO. Final deadlines for most of this stuff is in October 2025 or later. https://t.co/kOZNCSjy6c
— James Seyffart (@JSeyff) April 29, 2025
Bitcoin ETF was the first to get the SEC’s approval in early 2024, gaining a total volume of $2.54 billion. The total asset management comes at $113.62 billion, with the total market cap of $112.33 billion. Due to its popularity, it pushed the Bitcoin price to new highs.
Although Ethereum ETF gained less popularity than the other, it is still in demand. Its market cap sits at $177.15 billion, with total volume of $177.15 million and total AUM of $8.69 billion, per Coinglass data. However, the crypto market crash amid the Trump trade war affected the performance of these exchange-traded funds, but they recovered recently.
CoinGape earlier reported that spot Bitcoin ETFs inflow stood at $591M and $172.8M on Monday and Tuesday, respectively. At the same time, ETH witnessed $35.81k and $10.23k, but more is anticipated with investors’ bullish sentiments.
In contrast to early anticipation, there’s not much new around crypto ETF in May 2025. However, the CME futures XRP ETF launch is set to happen on May 19. This could influence other updates on the matter, especially as Paul Atkins’ participation increases.
Besides, the SEC has shifted its regulatory stance on cryptocurrencies. As a result, some better updates on altcoin ETF approval can be anticipated for the upcoming months, but uncertainty remains. In case of already launched exchange-traded funds, better inflows may begin. This is due to financial market recovery amid Fed rate cuts and other macroeconomic events.
The post Crypto ETF: What To Expect from BTC, ETH, and XRP ETF in May 2025? appeared first on CoinGape.
BitMEX co-founder and former CEO Arthur Hayes provided a bold price forecast for Hyperliquid’s HYPE token, revealing it could flip Solana’s price performance. He outlined his prediction on X, where he claimed his ‘degen’ target this bull season was for HYPE to flip SOL and become among the top ten largest cryptocurrencies by market capitalization. Solana Price Performance Faces Headwinds as Expert Eyes HYPE as Emerging Leader Solana (SOL) price performance could be flipped by Hyperliquid’s HYPE token if the SOL token fails to breach the $180 level, a critical resistance level that has been blocking it for the second consecutive week. Should this scenario unfold, Solana could drop to $140 – $150 level. A scenario that could make way for the HYPE token to outshine Solana by price performance. Particularly if the Hyperliquid token achieves Arthur Hayes’ projected target of $100. Hayes made two bold predictions regarding HYPE, the… Read More at Coingape.com
The post Solana Price Performance Under Threat, “HYPE Flips SOL”, Says Top Expert appeared first on CoinGape.