Tag: ETF
An ETF is an investment fund that trades like a stock. Buying shares in one means purchasing a basket of securities, much like a conventional investment fund, but it trades on the stock exchange like a stock.
Bitcoin posted its largest weekly gain measured in dollars in history, rising $14,264 to close the week ended Aug. 23 at $77,387, according to The Block. The move represented a 22.7% increase over seven days and marked the cryptocurrency’s strongest dollar-denominated weekly performance on record.
The advance was supported by renewed institutional demand. U.S. spot bitcoin exchange-traded funds attracted $1.92 billion in net inflows in the...
Bitcoin Surges Past $70,000 as $2.7 Billion in Shorts Liquidate and Spot ETFs Log $517 Million Inflows
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Bitcoin climbed above $70,000 for the first time since early June and later approached $72,000.
Short liquidations reached a record $2.74 billion, with total wipeouts near $3 billion across more than 172,000 traders.
U.S. spot bitcoin ETFs recorded $517 million in net inflows on Aug. 19, the largest since early May; ether ETFs added $189 million.
Key catalysts included the U.S. Treasury doubling long-term bond buybacks and President Trump...
Goldman Sachs Agrees to Acquire NEOS for Up to $2.25 Billion, Adding Bitcoin and Ether Income ETFs
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Goldman Sachs has agreed to acquire NEOS Investments in a cash-and-equity deal valued at up to $2.25 billion, subject to performance targets.
The transaction adds NEOS’s $30 billion in options-based income ETFs, including bitcoin and ether high-income products, to Goldman Sachs Asset Management.
NEOS’s flagship Bitcoin High Income ETF (BTCI) holds roughly $1.1 billion in assets and uses a covered-call strategy on bitcoin ETPs.
The...
Bitcoin Holds Firm Above $65,000 as ETF Inflows Counter Strategy Sales Ahead of CPI
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Bitcoin climbed above $65,000 on Monday, gaining nearly 3% over the week, supported by strong US spot Bitcoin and Ether ETF inflows totaling around $1.1 billion—the strongest weekly haul since mid-April. A weak US jobs report eased fears of further Federal Reserve rate hikes, providing a risk-on backdrop ahead of the July CPI inflation data due Wednesday.
Despite Strategy (formerly MicroStrategy) disclosing the sale of 1,690 BTC for...
Crypto Market Holds Steady Amid CLARITY Act Delay and ETF Strength
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Bitcoin and the broader crypto market traded in a tight range this week near $64,000-$65,000 as regulatory uncertainty collided with resilient institutional demand. The U.S. Senate’s decision to postpone the CLARITY Act vote until after the August recess removed a key near-term catalyst, yet spot Bitcoin ETFs recorded roughly $750 million in net inflows—the strongest weekly haul since April—while whales accumulated over 20,000 BTC.
CLARITY...

