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Bitcoin ETF

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In the crypto space, there have been some huge Bitcoin transfers that could indicate institutional adoption. For an ETF update of the nine new Bitcoin ETFs launched in January, institutional demand is certainly ramping up after a slow summer, just in time for the expected 2025 bull market. 
The Ethereum ETF sector has been nowhere near as successful, with the actual price dropping as ETF holdings fell since they launched in the summer. Is there another force at play in the crypto space as we prepare for the bull market to gain pace? 
<h2 class="wp-block-heading" id="h-bitcoin-etf-update-big-weekly-influx-reported">Bitcoin ETF update: Big weekly influx reported</h2> 
This week, Bitcoin ETFs have enjoyed a notable influx, with a reported net inflow of just over $235m. There have been some big transfers on the Bitcoin blockchain, which coincide with the influx and potentially BlackRock’s possible move away from Coinbase as its sole custodial partner. 
The two biggest ETFs saw the biggest inflows, with Fidelity’s Bitcoin ETF (FBTC) seeing the biggest inflow of about $103.7m. This beat BlackRock’s iShares Bitcoin Trust (IBIT), which saw around $97.9m added. An ETF update on all nine shows their combined net asset value is about $57.8 billion. 
<h2 class="wp-block-heading" id="h-ethereum-etfs-limping-along">Ethereum ETFs limping along</h2> 
Ethereum ETFs were approved in July 2024, and following their launch, there was significant interest, as BlackRock’s ETH ETF reached $1 billion in net asset value within two months. However, that doesn’t paint a clear picture, as there have been just as many outflows, especially from Grayscale’s Ethereum ETF. 
In that time, the Ethereum spot price is down 20%, making crypto investors question not only if there’s demand for altcoin ETFs, but if crypto investors are looking elsewhere in the crypto space. Let’s not forget, the bull market is all but confirmed, and the best returns are in new cryptos, and not altcoins dressed in ETF wrappers. 
<h2 class="wp-block-heading" id="h-no-need-for-an-etf-update-with-the-success-of-new-altcoin-lunex-network">No need for an ETF update with the success of new altcoin Lunex Network</h2> 
If the ETF update has brought to light the disappointing Ethereum momentum, it shows altcoin investors are preferring to stay within the crypto asset class. This is evident with the growing interest in new presale projects like <a href="https://lunexnetwork.com">Lunex Network</a> – a cutting-edge decentralized finance (DeFi) platform that’s capturing the attention of both retail and institutional investors. 
With its unique focus on cross-chain asset transfers, Lunex is the first DeFi project that enables fast and secure trading across multiple blockchains without friction. All this while supporting over 50,000 crypto trading pairs and ensuring users have full control over their private keys. 
Sounds good? Experts agree as predictions range from it being the next crypto to 100x to being the decentralized exchange (DEX) that is capable of handling the tokenization of TradFi. This alone would likely dwarf a 100x price rise, but that is likely further down the roadmap.&nbsp; 
Everything is done through smart contracts, ensuring transparent, automated transactions that also make it user-friendly and what many believe is second nature with blockchain: highly secure. This little fact shouldn’t be overlooked.&nbsp; 
All DEXs have promised security, but many have failed. Remember, Lunex doesn’t hold a user’s private keys, and thanks to its innovative cross-chain transferability, security has been ramped up like no other DeFi platform before it.&nbsp; 
Buy Lunex now for $0.0017 in the fourth stage of its presale. 
You can find more information about Lunex Network (LNEX) here: 
Website: <a href="https://lunexnetwork.com">https://lunexnetwork.com</a> 
Socials: <a href="https://linktr.ee/lunexnetwork">https://linktr.ee/lunexnetwork</a> 
The post <a href="https://www.ethnews.com/huge-gross-transfers-for-bitcoin-but-ethereums-holdings-value-spins-weekly-etf-update/">Huge Gross Transfers for Bitcoin, but Ethereum’s Holdings Value Spins: Weekly ETF Update</a> appeared first on <a href="https://www.ethnews.com">ETHNews</a>.

Huge Gross Transfers for Bitcoin, but Ethereum’s Holdings Value Spins: Weekly ETF Update

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