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Ethereum (ETH) exchange-traded funds (ETFs) saw remarkable adoption in August, drawing $3.87 billion in net inflows overall.  However, institutional crypto strategies are shifting once again in favor of Bitcoin (BTC) as a digital hedge.  Namely, on September 3, BlackRock unloaded $151.39 million worth of ETH while purchasing an additional $289.84 million worth of BTC, according to the data retrieved from SoSoValue . BlackRock ETH inflows. Source: SoSoValue Bitcoin ETFs dominating once again As mentioned, the move is not a one-off incident, but rather reflects a broader recalibration in institutional portfolios in a period of increasing macro uncertainty.  Indeed, Bitcoin ETFs also recorded $332.7 million in net inflows on Tuesday, September 2, as well after losing around $751 million last month. The accumulation was again led by Fidelity and BlackRock, which reported $132.7 million and $72.8 million in additions. A key driver appears to be...

This week, Bitcoin (BTC) exchange-traded funds (ETFs) saw four days of consecutive outflows, with another $194.4 million in sales recorded on Thursday, August 21. BlackRock (IBIT), the leading fund with over $85 billion in assets under management, alone shed approximately $127.5 million worth of BTC, according to August 22 data on SoSoValue . However, Ethereum (ETH) ETFs saw a reversal of fortune, seeing $287.6 million in inflows, with BlackRock (ETHA) adding $233.6 million just one day after reporting $257 million in withdrawals. Accordingly, investors are speculating whether we’re looking at a short-term profit strategy or whether we might see a rotation from Bitcoin to Ethereum if the trend continues in the future. U.S. spot ETH ETFs. Source: SoSoValue Is BlackRock betting on Ethereum? BlackRock’s Ethereum holdings have grown 230% since January 1, reaching 3.55 million ETH, worth around $15 billion, according to Arkham Intelligence .  More broadl...

Susquehanna International Group has disclosed holdings of approximately $291 million in Bitcoin ETFs, the company announced on Wednesday. The company currently trades spot, futures, swaps, options, and ETFs on a wide variety of cryptocurrencies on exchanges around the world. The shares all appear to stem from BlackRock’s iShares Bitcoin ETF. JUST IN: Susquehanna International Group discloses $291 million in Bitcoin ETF holdings. — Watcher.Guru (@WatcherGuru) May 14, 2025 In Q1 2024, Susquehanna International purchased more than $1 billion worth of shares of spot Bitcoin ETFs. Their now $1.3B in Bitcoin ETFs equals over 17.5 million shares. The decision comes amid rising global interest in digital assets and increased regulatory clarity in the U.S. financial sector. SIG’s investment signals a strategic alignment with the growing trend of financial giants embracing blockchain technology and cryptocurrency as key elements of diversified portfolios. Additionally, Susquehanna ha...

The cryptocurrency market witnessed a surge over the last few days. Bitcoin (BTC) briefly breached the $94,000 mark. The asset has since dipped to the $92,000 level. The global crypto market cap has fallen 3.7% in the last 24 hours to $2.98 trillion. VeChain (VET) also experienced a price surge amid BTC’s rise to $94k. VET’s price has dipped 3.6% in the daily charts, 3.5% over the previous month, and 40.7% since April 2024. The asset has rallied 10.7% over the last week and 15.1% in the 14-day charts. Also Read: Jio Financial Shares Expected To Reach 300 For Sure: Analyst Source: CoinGecko Cryptocurrencies Surge Amid Trump’s Memecoin Dinner Source: Salon.com VET’s rally could be due to several bullish developments. The rally is most likely due to BTC breaching the $94,000 mark. BTC’s surge could be due to BlackRock purchasing more than $800 million worth of the asset over three days. President Trump plans to host a dinner for the top holders of his Official...

BlackRock takes the lead reaching $30 billion in 293 days. JEPI took 1,272 days and Gold managed it in 1,790 days Spot Bitcoin ETFs could reach one million Bitcoin, surpassing Satoshi Nakamoto by mid-December BlackRock’s spot Bitcoin exchange-traded fund (ETF) has hit $30 billion in assets setting a new record of 293 days, showcasing rising interest in crypto investments. The milestone from BlackRock comes 10 months after the company launched its spot Bitcoin ETF in January. Then, it was reported that BlackRock had traded $7.5 million shares within the first 10 minutes of launching. Now, BlackRock holds more than 417,000 Bitcoin, valued at $30.4 billion, according to iShares data. Taking to X, Bloomberg analyst Eric Balchunas, said what BlackRock has achieved is an “all-time record,” adding “the old record was $JEPI which did it in 1,272 days. $GLD took 1,790 days. Unreal.” Also $IBIT has crossed the $30 billion mark in assets...

On Monday, BlackRock’s Bitcoin ETF, IBIT, posted its first net inflows in two weeks, according to data from Farside Investors . The iShares Bitcoin Trust (IBIT), the largest of the bitcoin ETFs by assets under management, drew $15.8 million of new money yesterday. The exchange-traded fund ended a streak of 13 days of flat or negative inflows. IBIT’s net outflows summed to $23.1 million over the last two weeks. $15.8 million of that was accumulated on Monday alone. This is incredibly minute compared to the more than $20 billion in assets under management at the fund. As Bitcoin struggled in price towards the end of August, several of the top Bitcoin ETF funds also suffered in terms of inflows. However, BTC has slowly escaped that bearish phase and is back over $60,000 at press time. Uncertainty about the direction of global markets, the U.S. presidential election, and the upcoming Fed decision on interest rate cuts all played a part in IBIT’s recent inflow performances....

Also Read: Rug Pull Alert: List Of Altcoins Celsius Network Will Sell On July 1st advertisement Mainstream financial companies have all initially been resistant to cryptocurrencies. However, it is argued that the Wall Street giants would like to have significant share in the Crypto Market before the United States regulators lay out clear rules for the industry. Blackrock Vs Bitcoin Cardano founder Charles Hoskinson criticized the Bitcoin er community’s welcoming of the Blackrock Bitcoin ETF application. This is apparently because Blackrock represents a massive chunk of traditional businesses whose values are not aligned to the vision behind Bitcoin philosophy, which is decentralization. He said, “ Bitcoin ers defending Blackrock is all you need to know about their ethics, mental state, and greed.” Recommended Articles Crypto Presale Projec...