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US spot Bitcoin ETFs recorded inflows of US$556M, the highest since June. Additionally, the Avalanche Foundation plans to repurchase nearly 2 million AVAX sold to Terra in 2022, while Canary Capital Group has filed for the first Litecoin ETF.
Bitcoin ETFs have seen a remarkable surge with daily inflows of US$235.2 million, while Ethereum ETFs remain stagnant. Despite market shifts, Bitcoin holds steady, and Sui skyrockets 115%.
Cryptocurrencies continue to show strong performance, outpacing the stock market. However, Bitcoin ETFs are experiencing major outflows amid rising tensions in the Middle East. Meanwhile, retail sales rose 0.7% in Australia.
Bitcoin saw US$321M in inflows following the Fed's rate cut. Speculation rises about China's stimulus measures potentially boosting crypto prices. Meanwhile, Australia’s CPI dropped to 2.7%, reaching a three-year low, while the US Fed cuts rates by 50 bps.
ETFs are a 'historic' Bitcoin boost according to Money Magazine. Token Airdrops could be a potential bull market catalyst. Insights on the US Bitcoin ETF market. MicroStrategy's acquisition, and Chainlink's 25.44% year-to-date increase. The RBA maintains 4.35% cash rates for stability.
Immutable X (IMX) is coming on Feb 7th. JPMorgan observes reduction in GBTC outflows, Australia sees 4.1% inflation rate as US Fed maintains steady interest rates. ETH Dencun upgrade aims for enhanced scalability, AVAX surges 10% as SOL rises above US$100.