Institutions dump BTC as volume soars for Ether funds
Institutional investors appear to have offloaded nearly $100 million worth of Bitcoin exposure this past week while Ether investment product volumes surged. CoinShares’ weekly Digital Asset Fund Flows report has revealed last week saw the largest Bitcoin in the report’s history as Elon Musk’s Twitter account again wreaked havoc in the crypto markets.The May 17 report notes $98 million exited Bitcoin investment products last week, equating to 0.2% of total assets under management, or AUM. “While small, this marks the largest outflow we have recorded,” CoinShares noted.Amid the tumultuous....
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This week saw record trading in US spot Bitcoin and Ether ETFs, driven largely by a sudden rush into Ether funds. Related Reading: Chainlink Breaks 3-Month High Amid Record 2025 Enthusiasm According to ETF analyst Eric Balchunas, Ether ETFs alone posted roughly $17 billion in weekly volume, a figure that surprised many after months of quiet. The spike has pushed trading desks to rethink how fast money can flow into these funds. Ether ETFs Record Big Volume Reports have disclosed that spot Ether ETFs not only logged about $17 billion in weekly trading volume, but also saw a record....
Investor excitement ahead of the CME's planned ether futures contract is one reason for the price push.
The collection of white hat hackers, calling themselves the Robin Hood Group, apparently attempted to dump DAO funds they held in ETC in an attempt to undermine the cryptocurrency by crashing its price. ETC Dumped By Group Potentially Tied to Ethereum Foundation. The Robin Hood Group (RHG) was originally formed to benevolently hack the DAO to secure the remaining ether inside of it. The collection of hackers stole the funds with the stated purpose of keeping the ether safe until after the hard-fork, which was implemented to both reverse the hack and fix the loophole that allowed the hack....
Like penny stocks traded on the NYSE or those on pink sheets, cryptocurrency is a prime target for pump and dump scams. For those with buying power, it's an easy way to get rich quick by inflating the price. For everyone else, nine out of ten times, you will lose. This is one of several reasons people are afraid to trust Bitcoin. For those of you who don't know how the pump and dump works, it's fairly straight forward. They are also illegal in the market, though federal agencies do not actively protect Bitcoin users. Pump and dump scams involve two groups of people. First there are the....
Data shows the Bitcoin spot trading volume has soared in the past week as prices have become attractive for traders again. Bitcoin Trading Volume Sharply Rose Following The Price Crash As per the latest weekly report from Arcane Research, the BTC spot volume has observed a large increase over the last week. The “trading volume” […]