$BTC Important News Today: 📰🗞️
Notable Dominance of Cryptocurrency Funds in 2025
Among more than 1300 new exchange-traded funds in 2024, 10 of the top 20 in terms of cash flows were related to cryptocurrencies.
The top four were all digital currency funds.
Highlighted Funds:
1. iShares Bitcoin Trust ETF (IBIT) from BlackRock – $57.4 billion in flows.
2. FBTC from Fidelity – $12.1 billion.
3. ETHA from BlackRock (linked to Ethereum) – **$9.6 billion.
Other Notable Products:
Leveraged cryptocurrency funds.
*MSTY fund focusing on options returns.
* NEOS and YieldMax, which are unconventional products listed among the top 10.
Market Fluctuations and Resilience:
* August 4**: Outflow of $465 million from Ethereum fund.
* August 8**: Strong rebound with net inflows of **$461 million**.
* August 1**: Outflow of **$812 million** from Bitcoin funds – the second-largest daily negative flow in history.
* Nevertheless, the funds returned to an upward trajectory within the week.;