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Daily #Web3 Market

3 Jul 2024

Investors Added Money to Bitcoin ETFs Even as Prices Slipped 7% in June

Despite a 7% drop in Bitcoin prices in June, investors continued to pour money into Bitcoin ETFs, signaling strong market confidence in the cryptocurrency. Read more

First Mover Americas: Bitcoin Bulls Hopeful Entering July as ETFs Record $130M Inflows

Bitcoin bulls are optimistic as they enter July, with Bitcoin ETFs recording $130 million in inflows. This influx of investment highlights growing interest and confidence in Bitcoin's future. Read more

Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini

Gemini predicts that Ether spot ETFs could see up to $5 billion in net inflows within the first six months of launch, underscoring the strong demand for Ethereum-based investment products. Read more

Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs

Ethereum products are experiencing their highest outflows since 2022, ahead of the launch of Ether ETFs, indicating a shift in investment strategies. Read more

Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows

Bitcoin traders are gearing up for a bullish July, bolstered by $124 million in inflows into Bitcoin ETFs, reflecting strong market sentiment. Read more

Crypto Spot ETFs Will Have More Influence on Market’s Price Action: Canaccord

Canaccord Genuity reports that crypto spot ETFs are expected to significantly influence market price actions, highlighting their growing impact on the cryptocurrency landscape. Read more

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