US ETFs ( exchange-traded funds) that invest directly in bitcoin have seen net inflows for a record 18th straight day, as surging demand helped propel the world’s largest digital asset toward a record high.Since launching on Jan. 11, more than a dozen such products have seen a combined net subscription of $15.6 billion and total assets of $62.3 billion as of June 6, according to data compiled by Bloomberg.Bitcoin pared gains after a report showed a mixed labor market with a surge in U.S. employment in May and an unexpected rise in unemployment. As of 8:36 a.m. New York time on June 7, bitcoin was trading around $70,925, while ether was essentially flat at $3,785.Many speculators in the options market expect bitcoin prices to surpass March’s all-time high of $73,798 in June, helped by ETF d
Can Ether ETF Lead BTC Bull Run Again?
Ether ETFs approval see progress. The SEC has approved a rule change Thursday that would pave the way for ETFs that buy and hold ether, one of the world’s largest cryptocurrencies. SEC’s order approves applications from various exchanges to list eight different ether funds. -------------------- Is the correction of BTC over? What's your target price for Bitcoin and Ether?
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