Jamie Crawley is a CoinDesk news reporter based in London.
BTC has outperformed the wider digital asset market, which has added around 4%, as measured by the CoinDesk 20 Index . Attention will likely turn to Nashville for cues on the next move for world's largest cryptocurrency, as the BTC 2024 conference gets underway. Independent presidential candidateand said he had most of his wealth in BTC, in a conference speech on Thursday. Republican candidate Donald Trump is set to speak on Saturday.
Current cumulative flow for the ETFs since they started trading this week is negative $178.68 million. That's mainly owing to withdrawals from Grayscale Ethereum Trust , which converted to an ETF."This situation is very similar to the bitcoin ETF product launched at the beginning of the year," CoinShares analysts said in an emailed note.
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