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Stock impact report

Analyst warns a wave of crypto ETF shutdowns is coming [Yahoo! Finance]

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
Company Research Source: Yahoo! Finance
An asset, once ignored and derided by the traditional finance industry, found support among the leading Wall Street giants like BlackRock (NYSE: BLK) and Franklin Templeton (NYSE: BEN). Related: Wall Street firm files new Bitcoin ETF that trades only after dark The retail traders gave a terrific reception to both the ETFs. But come the recent crypto crash and traders are retreating from these funds, as data from the onchain analytics platform SoSoValue shows. Quite often, the trading days witness millions of dollars getting drained out of crypto ETFs, whether Bitcoin or Ether funds. Only XRP ETFs, launched in mid-November during the ongoing crash, have seen a positive net flow every day since their debut. However, the amount is incredibly lower as compared to daily inflows of Bitcoin and Ether ETFs. So far, Bitcoin ETFs have accumulated $57.73 billion in net inflow, Ether ETFs $12.62 billion, and XRP ETFs barely over $1 billion. Despite the receding reception, a wave Show less Read more
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