The post Gold Falls Sharply, US-Traded Spot Bitcoin ETFs See Inflows Rise! Details Here appeared on BitcoinEthereumNews.com. Spot Bitcoin ETFs traded in the US returned to positive territory on Tuesday, recording net inflows of $477.2 million. This recovery, following recent volatility, signals a renewed surge in institutional investor confidence. $477 Million Inflow into Spot Bitcoin ETFs in the US: Weakening Gold Demand Fuels Crypto Trends “Yesterday’s net inflows suggest that institutional investors are repositioning despite recent volatility, strengthening crypto’s portfolio diversification role amidst economic uncertainty,” said Nick Ruck, Director of LVRG Research. According to SoSoValue data, 9 of 12 spot Bitcoin ETFs reported net inflows. BlackRock’s IBIT fund saw $210.9 million, Ark & 21Shares’ ARKB fund saw $162.8 million, and Fidelity’s FBTC fund saw $34.15 million. On the same day, spot Ethereum ETFs also saw net inflows of $141.6 million, with the highest inflow being into Fidelity’s FETH fund ($59 million). In recent weeks, over $1 billion has flowed out of spot crypto ETFs due to trade tensions between the US and China. However, on Tuesday, Bitcoin ETFs recorded a total trading volume of $7.41 billion, which is in line with strong trading volumes in the $5-9.7 billion range in October. Ruck stated that rising trading volumes indicate growing institutional participation, saying, “The volume increase seen in the last month represents a new momentum in institutional interest in digital assets. This, in turn, deepens liquidity and increases risk appetite.” Emphasizing that demand for gold has weakened, Ruck stated that investors may now turn to crypto assets that offer a better risk-return ratio. Indeed, the spot gold price fell 5.9 percent on Tuesday, its steepest daily loss since 2020. Analysts are predicting an “aggressive recovery rally” in Bitcoin following this decline. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/gold-falls-sharply-us-traded-spot-bitcoin-etfs-see-inflows-rise-details-here/The post Gold Falls Sharply, US-Traded Spot Bitcoin ETFs See Inflows Rise! Details Here appeared on BitcoinEthereumNews.com. Spot Bitcoin ETFs traded in the US returned to positive territory on Tuesday, recording net inflows of $477.2 million. This recovery, following recent volatility, signals a renewed surge in institutional investor confidence. $477 Million Inflow into Spot Bitcoin ETFs in the US: Weakening Gold Demand Fuels Crypto Trends “Yesterday’s net inflows suggest that institutional investors are repositioning despite recent volatility, strengthening crypto’s portfolio diversification role amidst economic uncertainty,” said Nick Ruck, Director of LVRG Research. According to SoSoValue data, 9 of 12 spot Bitcoin ETFs reported net inflows. BlackRock’s IBIT fund saw $210.9 million, Ark & 21Shares’ ARKB fund saw $162.8 million, and Fidelity’s FBTC fund saw $34.15 million. On the same day, spot Ethereum ETFs also saw net inflows of $141.6 million, with the highest inflow being into Fidelity’s FETH fund ($59 million). In recent weeks, over $1 billion has flowed out of spot crypto ETFs due to trade tensions between the US and China. However, on Tuesday, Bitcoin ETFs recorded a total trading volume of $7.41 billion, which is in line with strong trading volumes in the $5-9.7 billion range in October. Ruck stated that rising trading volumes indicate growing institutional participation, saying, “The volume increase seen in the last month represents a new momentum in institutional interest in digital assets. This, in turn, deepens liquidity and increases risk appetite.” Emphasizing that demand for gold has weakened, Ruck stated that investors may now turn to crypto assets that offer a better risk-return ratio. Indeed, the spot gold price fell 5.9 percent on Tuesday, its steepest daily loss since 2020. Analysts are predicting an “aggressive recovery rally” in Bitcoin following this decline. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/gold-falls-sharply-us-traded-spot-bitcoin-etfs-see-inflows-rise-details-here/

                                                                               Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash.                     Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more