This article first appeared in Miner Weekly, a weekly newsletter by Blocks Bridge Consulting, curating the latest news in energy, bitcoin, and …
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Bitcoin ETFs Shed $225M, Snapping Seven-Day Inflow Streak as Iran Tensions Spook Markets
by shayaanby shayaanIn brief U.S. spot Bitcoin ETFs posted $225.2 million in net outflows on July 23, ending a seven-day streak that had pulled …
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In short Bitcoin fell below $60,000 to an intraday low of $58,189, down 6.4% for the week and near the lowest level …
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In brief U.S. spot Bitcoin ETFs have shed $2.1B in June, pacing May’s $2.4B total outflows. Net assets declined $33B from $109B …
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Markets
Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion
by shayaanby shayaanA week that began with Strategy’s bitcoin sale ended with one of the largest crypto market drawdowns in years. www.coindesk.com
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In brief Bitcoin ETFs posted nine consecutive days of outflows totaling $2.8 billion through May 28. Whale balances are contracting year-on-year and …
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Scams
Bitcoin ETFs Shed $649M in a Day as Long-Term BTC Holders ‘Limit Downside Potential’
by shayaanby shayaanIn brief Bitcoin ETFs saw $648 million in outflows Monday, led by BlackRock’s IBIT with $448 million. Long-term Bitcoin holders have accumulated …
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Markets
Bitcoin has shed $5,000 within days. ETF flows, and derivatives say this selloff could worsen
by shayaanby shayaanBitcoin has fallen about 6% from $82,000 to $76,800, but underlying data point to more than routine pullback. www.coindesk.com
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In short Ethereum ETFs posted outflows of $184 million for four consecutive days through April 30. Bitcoin ETFs also lost $476 million …
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In brief Ethereum investment products lost $222 million last week, the most of any digital asset tracked by CoinShares. Total crypto fund …