Bitcoin Fund Crashes 36% Unnoticed for 74 Days
Osmosis freezes 22.65 BTC after Nomic bug minted 39.84 unbacked nBTC, leaving Alloyed BTC with a 36% backing hole. Governance to restore full backing. #Update #Crypto $BTC
Osmosis freezes 22.65 BTC after Nomic bug minted 39.84 unbacked nBTC, leaving Alloyed BTC with a 36% backing hole. Governance to restore full backing. #Update #Crypto $BTC
Bitcoin ETFs attracted $986.85M, capturing 79.4% of crypto ETF inflows last week as funds added $1.24B total, with macro conditions testing future inflows. #Update #Crypto $BTC
$100 million exited digital asset investment products after Fed Chair Kevin Warsh’s speech, but $1 billion flowed back following Fed Governor Christopher Waller’s comments on disinflation. $BTC remains sensitive to monetary policy shifts. #Update #Crypto $BTC
Blackrock’s IBIT attracted $117.38M of the $174.60M inflows to U.S. Bitcoin ETFs despite BTC falling below $80K; strong U.S. jobs data complicates Fed rate outlooks. #Update #Crypto $BTC
US spot Bitcoin ETFs attracted nearly $1 billion in inflows last week, totaling $3.8 billion over three weeks, despite Bitcoin dipping below $79,000. #Update #Crypto $BTC
Bitcoin ETFs saw $730.9 million in inflows, the highest since January, as $BTC reclaimed $80,000; however, demand remains cautious amid profit-taking and limited new buying. #Update #Crypto $BTC
US-listed spot Bitcoin ETFs saw $730.9 million in inflows, the highest since January, as BTC reclaimed $80K; however, demand concerns persist. #Update #Crypto $BTC
Grayscale and CCI support confidential crypto ETF filings to prevent copycats, while A16z and others push for faster SEC reviews without reducing scrutiny. #Update #Crypto
Bitcoin holds above $76,000 despite a 2.2% hourly dip, maintaining a 17.8% daily gain; key support at $75,000 and resistance at $78,000. #Update #Crypto $BTC
US spot Bitcoin ETFs recorded $201.9 million in net outflows on August 28, ending a nine-day inflow streak and signaling a pause in ETF demand. #Update #Crypto $BTC
$BTC saw a $217M ETF rebound, while $ETH ETFs extended inflows to 11 sessions; $XRP and $SOL funds recorded 10 consecutive positive sessions. #Update #Crypto $BTC
Blackrock’s IBIT leads with $16.4M inflow as Bitcoin ETFs gain $10.1M and Ether adds $9.59M, signaling broader investor demand. #Update #Crypto $BTC
BlackRock launches a Bitcoin ETF offering double-digit yields by selling call options, competing with Goldman Sachs’ similar product. #Update #Crypto $BTC
@BlackRock’s new bitcoin ETF employs a covered-call strategy, targeting a 15% annual yield while limiting gains. Bitcoin’s volatility is decreasing, impacting market dynamics. $BTC #Update #Crypto