Wells Fargo has disclosed exposure to Bitcoin via several crypto product investments, a filing with the SEC shows….
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After net outflows in the tens of billions, investors surprisingly began buying back into GBTC earlier this week. This might explain it….
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Crypto volatile but bounces after dovish Fed speech. ETFs see record $563m outflow. BlackRock ETF sees first outflow in 77 days. BlackRock expects more institutions to buy BTC. BNP bank buys BlackRock ETF. BTC continues to sit below STH average cost. Coinbase earnings today. Tether made $4.5bn profit in Q1. MicroStrategy building identity protocol on Ordinals.
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Majors hit locals lows, break key support levels. Liquidations hit $420M, funding remains neutral. ETFs saw $344M withdrawals in April. CZ gets 4-month jail sentence. FTX sells $232M locked SOL at ‘around $100’. Final integration of SOL Firedancer ‘well underway’. SOL, DOGE, XRP open interest down 51% in a month. BlackRock BUIDL largest tokenised treasury fund.
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HK ETF volumes disappoint at $11M, crypto sinks. US ETFs see another $52M outflow, 4th straight day. EigenLayer FUD after 5% non-transferable airdrop. EigenLayer also geoblocks USA for claims. 5K+ withdrawals after EigenLayer announcement. Microstrategy bought another $8M BTC in April. Miner revenue drops to 2023 lows. Consensys vs SEC litigation will take years: Cowen.
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Every single fund saw another day in the green with net inflows yesterday—including Grayscale Bitcoin Trust….
Continue reading on https://decrypt.co/229727/bitcoin-etfs-take-in-217-million-for-second-consecutive-day-of-net-gains
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The firm appears to sidestep an “approve futures, deny spot” ETF strategy that could have landed in the courts….
Continue reading on https://decrypt.co/229830/ethereum-futures-etf-grayscale-etf-withdrawal
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Star NFL quarterback Tom Brady was ridiculed for his Bitcoin affinity and ties to bankrupt crypto exchange FTX during a live roast on Netflix….
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Grayscale hopes to convert its Ethereum Trust to a spot ETH ETF, and current investors see opportunity in the uncertainty….
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Every fund flipped green on Friday, as more traditional investors hold on to their BTC-based shares….
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