Gate News bot message, The cryptocurrency ETF market demonstrated strong performance on November 7th, with both Bitcoin and Ethereum ETFs registering positive net inflows.
Ten Bitcoin ETFs recorded a total net inflow of 2,384 BTC ($92.25 million), with BlackRock’s fund leading by adding 922 BTC ($66.18 million) to its holdings. BlackRock’s total Bitcoin holdings now stand at 797,014 BTC ($79.78 billion).
Nine Ethereum ETFs also showed positive momentum with net inflows of 10,789 ETH ($35.86 million). Grayscale Ethereum Mini Trust emerged as the top performer, attracting 7,004 ETH ($23.28 million) in new investments.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin’s Community Faces Risk From Quantum Computers: Caltech Says the Threat Could Arrive Sooner Than Expected
Recent research indicates that fault-tolerant quantum computers capable of breaking encryption could emerge sooner than expected. This poses a significant threat to the security mechanisms of Bitcoin and Ethereum, which rely on cryptographic algorithms to protect transactions and assets. As quantum technology advances, the cryptocurrency community must monitor developments closely and proactively prepare new encryption methods to mitigate potential risks.
TapChiBitcoin8m ago
Bitcoin (BTC) Stuck in a ‘No Trade Zone:’ When Is the Next Big Move Coming?
The primary cryptocurrency has experienced significant volatility lately, mainly due to the geopolitical tension caused by the war in the Middle East.
One popular analyst described the current price area as a “no-trade zone,” arguing that a clear move in either direction will depend on how BTC
CryptoPotato11m ago
Bitcoin, stocks soar as markets respond to chance of US and Israel-Iran war ending
Bitcoin (BTC) briefly jumped to $68,589, and US stock markets rallied as investors reacted to US President Donald Trump's statements on considering options for ending the US and Israel-Iran war. Separate, unconfirmed comments attributed to Iranian President Masoud Pezeshkian also suggested that Iran
Cointelegraph15m ago
Watch Out Bitcoin: Cryptography-Breaking Quantum Computers May Be Closer Than Expected, Says Caltech
In brief
Caltech researchers say quantum computers may require just 10,000–20,000 qubits to crack modern cryptography.
The work outlines a new error-correction approach for neutral-atom quantum computers.
The advance could accelerate timelines for machines capable of running Shor’s
Decrypt21m ago
Bitcoin’s Price Slips Below $70K, but GCOIN by Playnance Eyes $100M Milestone
Bitcoin’s price was heavily rejected at $76,000 a couple of days ago, and the correction accelerated today. The cryptocurrency is now trading below $70,000, sending the entire market sentiment to extreme fear.
Major altcoins like Ethereum and Ripple’s XRP are also on the downside, both losing
CryptoPotato21m ago
Bitcoin Price Soars to $74K, but Investors Are Already Eyeing New Altcoin GCoin This Week
Bitcoin’s price surged above $74,400 today, marking a multi-week high and reigniting optimism across the broader cryptocurrency market, as evidenced by the rise in altcoins.
The rally came amid renewed buying pressure, a wave of institutional demand, and yet another behemoth purchase by Michael
CryptoPotato26m ago