CONNECT WITH US
Gaming

Gaming

Crypto News Today: Bitcoin Inflow, Zcash Hits USD 1,600, BCH Rose 33%

Analytics Insight logo

Published on

Add as a preferred source on Google
Crypto News Today: Bitcoin Inflow, Zcash Hits USD 1,600, BCH Rose 33%

US spot Bitcoin ETFs recorded USD 714.75 million in daily net inflows, led by BlackRock’s IBIT with USD 350.35 million.

Bitcoin Cash jumped 33% in 24 hours following CME’s BCH futures announcement.

Hyperliquid’s bilateral open interest reached a new record of USD 18 billion on September 23.

The crypto market saw major developments as spot Bitcoin ETFs recorded USD 714 million in net inflows, while Zcash hit USD 1,600 as 21Shares launched Europe's first Zcash ETP. Also, Bitcoin Cash jumped 33% and HYPE’s open interest reached USD 18 billion.

According to SoSoValue, the Bitcoin spot ETFs saw a total net inflow of USD 714.75 million yesterday. 

The Bitcoin spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of USD 350.35 million, and the total historical net inflow of IBIT currently stands at USD 64.86 billion. 

The second-highest was Fidelity's ETF FBTC, with a daily net inflow of USD 257.42 million, and the total historical net inflow of FBTC currently stands at USD 10.86 billion. 

The total net asset value of Bitcoin spot ETFs is USD 110.84 billion, accounting for 6.4% of the total. The historical cumulative net inflow has reached USD 56.87 billion.

Zcash (ZEC) climbed above USD 1,600 for the first time since 2016 after 21Shares launched Europe’s first Zcash exchange-traded product (ETP) on Euronext Paris and Amsterdam.

Investors can buy it through traditional brokerage accounts, avoiding the need to manage crypto wallets or take direct custody of the tokens.



Source link
Related Topics:Gaming

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.