Bitcoin Outflows Surge as $463M Sold
BlackRock clients sold $463 million in Bitcoin from its IBIT ETF, marking the largest single-day outflow amid volatile market conditions. #Update #Crypto $BTC
CryptoBriefing is a respected voice in the digital asset landscape, known for its expert project reviews, market analyses, and deep dives into blockchain developments. At Voted.News, we condense CryptoBriefing’s detailed coverage into succinct, time-saving briefs—providing you with the key insights and updates you need to stay informed on evolving crypto trends and opportunities.
BlackRock clients sold $463 million in Bitcoin from its IBIT ETF, marking the largest single-day outflow amid volatile market conditions. #Update #Crypto $BTC
Harvard Management Company increased its BlackRock Bitcoin ETF holdings by 257% to $442.8 million, reflecting institutional confidence in Bitcoin. #Breaking #Crypto #Bitcoin
New SEC guidance may expedite ETF reviews, benefiting @BitwiseInvest’s spot XRP ETF application. Bitwise proposes a 0.34% management fee to attract investors. #Update #Crypto $XRP
Relay integrates TRON into its multichain platform, enabling seamless USDT swaps via API and app, enhancing crosschain liquidity. #Update #Crypto $TRX
Bybit and Block Scholes report reveals bearish sentiment in crypto derivatives as Bitcoin falls below $100K amid weak US equities. #Update #Crypto $BTC
Michael Saylor confirms @Strategy’s substantial Bitcoin purchases amid market volatility, reinforcing Bitcoin as premier digital capital. Strategy holds over 641,692 BTC. #Update #Crypto $BTC
CryptoQuant attributes Bitcoin’s decline to US liquidity stress and profit-taking by long-term holders, with aggressive selling during US trading hours. #Update #Crypto $BTC
BlackRock clients sold 2,610 Bitcoin worth $257M amid institutional outflows. US spot Bitcoin ETFs saw $867M in net outflows on November 13. #Update #Crypto $BTC
$300 million in leveraged long crypto positions were liquidated as Bitcoin fell to $97,000, impacting 235,644 traders with $1 billion in total liquidations. #Update #Crypto $BTC
Canary’s spot XRP ETF launched on Nasdaq, drawing $245 million in net inflows, marking the first US spot XRP ETF. #Breaking #Crypto $XRP
The US Financial Accounting Standards Board (FASB) is considering adding crypto asset transfers to its agenda to address gaps in current derecognition practices, enhancing financial transparency. #Update #Crypto
The convergence of CeFi and DeFi is reshaping finance, with hybrid systems enhancing liquidity access and transparency. Wallet-based identities streamline compliance without storing user data. #Update #Finance
Long-term Bitcoin holders have sold 815,000 $BTC in the past month, increasing sell-side pressure and contributing to a price decline. #Update #Crypto $BTC
Luxembourg’s Intergenerational Sovereign Wealth Fund allocates 1% of its portfolio to Bitcoin, marking the first such investment in Europe. #Update #Crypto $BTC