Fidelity: Stablecoins Spur Divergence in Crypto Giants
Fidelity explains how stablecoins on Ethereum lead to divergence from Bitcoin and other layer-1 competitors.
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Fidelity explains how stablecoins on Ethereum lead to divergence from Bitcoin and other layer-1 competitors.
Ethereum ETFs see no activity, Bitcoin ETFs face significant outflows. Bitcoin down 9% and Ethereum drops 22% in August.
ETH faces heavy sell pressure as ETFs see outflows for eight days, with whales also offloading holdings.
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Spot Ethereum ETFs in the US reach $2 billion inflows, nearing historic ETF launch ranks. Bitcoin ETFs still outperform.
Spot Bitcoin ETFs witness $27.87M inflows, outpacing Ethereum's $4.93M. Grayscale sees lowest Bitcoin inflows at $7.9M.
BlackRock overtakes Grayscale in ETF holdings, marking a critical shift in the cryptocurrency investment landscape.
Ethereum staking inflows rise amid declining gas fees and ETF outflows, signaling potential market shifts.
BlackRock's ETFs dominate Bitcoin and Ethereum with significant inflows, despite some outflows from other issuers.
Bitcoin's plunge sparks $132M liquidations, highlighting crypto market volatility. Investors eye quick recovery amid uncertainties.
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