Bitcoin ETF Inflows Surge Amid Price Drop
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
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
@Bitwise has withdrawn its S-1 registration for a Bitcoin & Ethereum ETF, citing no shares sold. The firm purchased 77,097 HYPE tokens worth $5.18M amid rising interest in Hyperliquid. #Update #Crypto $HYPE
@BlackRock launches spot Bitcoin ETF BITA on June 16, targeting annual returns of 15%-25% with a 70/30 Bitcoin to IBIT shares ratio. #Update #Crypto $BTC
@BlackRock’s BITA ETF launches tomorrow on Nasdaq after SEC approval. The fund aims for a 15-25% annual yield, capturing 70% of Bitcoin’s upside. Sponsor fee is 0.65% annually. #Update #Crypto $BITA