Bitcoin ETPs Launched by Morgan Stanley
Morgan Stanley partners with Galaxy Digital to allow eligible clients to lend $BTC, $ETH, and $SOL, reducing minimum loan size from $25M to $5M. #Update #Crypto
Morgan Stanley partners with Galaxy Digital to allow eligible clients to lend $BTC, $ETH, and $SOL, reducing minimum loan size from $25M to $5M. #Update #Crypto
Bitcoin ETFs saw $1.72B in outflows, led by Blackrock’s $1.34B loss, while Ether ETFs lost $168M. HYPE gained $17M and XRP added $2.6M in inflows. Crypto $BTC
7RCC Global launches BTCK ETF on NYSE Arca, combining 80% bitcoin and 20% carbon credit futures. Gemini custodies BTC, targeting ESG-focused investors. #Update #Crypto $BTC
Spot Bitcoin ETFs lost $326M, while Ether ETFs shed $5.97M, signaling cooling institutional interest as $BTC trades near multi-week lows of $59K. #Update #Crypto $BTC
Hyperliquid has become Wall Street’s preferred weekend venue for perpetual futures, dominating over 70% of the market. ICE Chair Jeffrey Sprecher calls it a “wake-up call.” #Update #Crypto
Coinbase invests in Proshares’ GENIUS Money Market ETF, enhancing stablecoin reserve management amid new GENIUS Act standards for liquidity and transparency. #Update #Crypto
Tom Lee asserts that Strategy’s sale of 32 BTC is not a market concern, while $3.4 billion outflows from Bitcoin spot ETFs are seen as typical signs of a market bottom, with institutional interest remaining strong. #Update #Crypto $BTC
Spot bitcoin ETFs saw $1.42 billion in outflows last week, highlighting concerns over “crypto tourists” selling amid AI stock distractions, says @IBKR’s Steve Sosnick. #Update #Crypto $BTC
@HYPE’s ETFs absorbed 1.04% of its market cap in 10 days, outperforming early $BTC and $ETH ETF inflows; a $30.93M HYPE withdrawal from Coinbase Prime signals institutional interest. #Breaking #Crypto
Santiment reports that Bitcoin ETF outflows historically favor accumulation, suggesting potential bullish trends for $BTC. #Update #Crypto $BTC
Spot bitcoin ETFs saw $100.82M outflows, led by @Blackrock’s IBIT; ether ETFs lost $32.58M, while XRP and solana gained $8.88M and $3.86M respectively. #Update #Crypto
HYPE ETFs outperformed bitcoin ETFs on three out of six trading days, with issuers buying 2.5x more tokens than Hyperliquid’s burn fund removed. #Update #Crypto
@YorkvilleAmerica has withdrawn its application for the Truth Social Bitcoin ETF and suspended trading of two other funds, planning to restructure under the Investment Company Act of 1940. #Update #Crypto
Goldman Sachs exits XRP and Solana ETFs, cuts Ether exposure by 70%, but maintains $700M in Bitcoin ETFs, boosting investments in Coinbase and Circle. #Update #Crypto $BTC