SEC Approves Crypto ETF with BTC ETH XRP
The SEC approved NYSE Arca’s proposal to list the T. Rowe Price Active Crypto ETF, including $BTC, $ETH, and $XRP among eligible assets. The fund aims for long-term growth. #Update #Crypto $BTC
Bitcoin
Bitcoin ETF Launches Blackrock’s Bold Move
Blackrock’s Bitcoin Premium Income ETF (BITA) may launch by June 19, offering a 0.65% fee, undercutting rivals ahead of Goldman Sachs’ July launch. #Update #Crypto
Bitcoin ETF Proposal Gains Yield Mechanism
@BlackRock plans to launch a Bitcoin ETF, BITA, on Nasdaq, investing in IBIT stocks and using covered call options for income. Management fee set at 0.65%. #Update #Crypto $BTC
Bitcoin ETFs Lose $91M as Ether Gains $82M
U.S. spot bitcoin ETFs saw $91.37M outflows on June 8, while ether ETFs gained $82.37M, indicating a rotation between the two largest crypto assets amid a selloff. #Update #Crypto $BTC
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
Bitcoin ETFs See $1.72B Outflow Plunge
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
Bitcoin ETF Launches Bridging Carbon Markets
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
Bitcoin ETFs Bleed $326M as BTC Dips
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
Bitcoin Surges as Hyperliquid Dominates After-Hours
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
Bitcoin Boosts Coinbase with Proshares ETF
Coinbase invests in Proshares’ GENIUS Money Market ETF, enhancing stablecoin reserve management amid new GENIUS Act standards for liquidity and transparency. #Update #Crypto
Bitcoin Sales Steady Amid ETF Outflow Noise
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
Bitcoin ETFs Bleed $1.42B as Tourists Exit
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
Bitcoin ETFs Log Record Crypto Debut
@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
Bitcoin ETF Outflows Favor Accumulation
Santiment reports that Bitcoin ETF outflows historically favor accumulation, suggesting potential bullish trends for $BTC. #Update #Crypto $BTC