With BTC’s rising price comes a renewed interest in the recently flagging U.S.-based spot bitcoin ETFs. BlackRock’s iShares Bitcoin Trust (IBIT), for instance, reported large inflows on Wednesday, with investors adding nearly $185 million of fresh money to the fund, according to Farside Investors. This followed an inflow of $98.9 million the previous day and comes after weeks of flows that were flat to negative alongside bitcoin’s poor price action.
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms...
Key TakeawaysAn a16z-linked wallet bought 2.11M HYPE for $90.87M since April 14, with a fresh $16.9M purchase on May 18.The...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s sideways price action has continued, but...
The White House is on the verge of a formal announcement on the U.S. Strategic Bitcoin Reserve — and the...
Wall Street giant Goldman Sachs has made a notable shift in its crypto-related exchange-traded (ETF) fund positions, according to a...
