Bitcoin ETF Launches as Token Triples
Bitwise’s Near ETF ($NEAR) began trading on NYSE Arca with a 0.75% annual fee, marking the first U.S. spot NEAR product. #Update #Crypto $NEAR
Bitwise’s Near ETF ($NEAR) began trading on NYSE Arca with a 0.75% annual fee, marking the first U.S. spot NEAR product. #Update #Crypto $NEAR
@CoinShares reports that institutional interest in crypto is unclear; $IBIT sees 53% of $4.1B inflows, with a basis trade yield at 6%. Investors eye businesses benefiting from crypto adoption. #Update #Crypto $BTC
$IBIT sees over 53% of $4.1 billion inflows, indicating broad interest from institutional and retail investors, as many utilize the Bitcoin basis trade strategy for potential profits. #Update #Crypto $BTC
US spot Bitcoin ETFs attracted $191 million on Thursday, with total year-to-date inflows reaching $787 million after a six-day streak of $2.8 billion. #Update #Crypto $BTC
REX Shares launches T-REX 2X Long Strive Daily Target ETF (ASSX), offering 200% daily performance of Strive Asset Management stock, linked to its Bitcoin treasury. #Update #Finance
@REXShares launched the T-REX 2X Long ASST Daily Target ETF (ASSX) on Cboe, aiming for 200% of Strive’s daily performance; Strive holds 25,000 $BTC. Strive shares rose 6.4% to $30.09. h3Update h3Crypto $ASSX
Fidelity’s $BTC ETF attracted $310.72M as bitcoin surpassed $80K, signaling strong institutional demand; ether, solana, and Zcash also gained. #Update #Crypto $BTC
Bitcoin ETFs faced a $450.33M outflow as the Senate failed to advance the Digital Asset Market Clarity Act, impacting $BTC prices. Solana saw inflows. #Update #Crypto $BTC
Morgan Stanley’s Bitcoin ETF (MSBT) surpasses $600M in assets with $538.37M net inflows, showing strong institutional demand and minimal redemptions. #Update #Crypto
Bitcoin ETFs faced $282.56M in outflows, while XRP funds gained $5.14M amid market pressure; Bitcoin ETF weekly outflows may exceed $449.44M as BTC trades near $77K. #Update #Crypto $BTC
US spot Bitcoin ETFs experienced $282.6 million in outflows, totaling $449 million this week, marking the largest net outflow since July 13. Spot Ether and Solana ETFs also saw losses. #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