No Demand? BlackRock’s ETH Fund Enters Top 6 ETF Launches of 2024
BlackRock has been proving the pundits wrong amid claims that there has been little or no demand for spot Ethereum’s ETFs, The asset manager’s ETHA ETF took another $108.4 million…
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This European Hedge Fund Giant Announces $464 Million Investment in Spot Bitcoin ETFs
Capula Investment Management LLP, one of Europe’s largest hedge funds, informed that it holds $464 million in shares of spot Bitcoin ETFs from BlackRock and Fidelity. Capula’s disclosure contributes to…
SEC Requests Court to Deny Coinbase’s ‘Broad’ Subpoena Request
The U.S. Securities and Exchange Commission (SEC) has asked a New York court to reject Coinbase’s subpoena, which seeks to compel the agency to produce documents related to crypto assets.…
Bitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?
The ongoing turmoil in the Japanese and United States stock markets has triggered heightened volatility in the crypto space. This highlights the interconnectedness of global markets and Bitcoin’s growing correlation…
Semler Scientific Boosts Bitcoin Treasury Holdings With $6 Million Purchase
Bitcoin treasury firm Semler Scientific has added another $6 million in Bitcoin to its balance sheet, comprising more than the entirety of the medical company’s Q2 earnings. The purchase reflects…
Bitcoin ETFs Reached 4-Month High in Daily Trading Volume During Monday’s Crash
Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States surpassed $5 billion in daily trading volume on August 5. This marks the first time since mid-April that such a…
Crypto Crash: Is Now A Good Time To Buy Bitcoin Stocks?
Global asset markets went risk-off in a brisk tumble the first week in August. Fears of a U.S. recession put an end to Wall Street’s 23-month, high-flying stock rally. The…
Analysts Eye Recovery as Crypto Markets Bounce 12%
Total crypto market capitalization has topped $2 trillion again following an epic slump wiping $500 billion out of the space in less than a week. The figure fell to $1.83…
Institutional Investors Buy The ETH Dip as Spot ETF Flows Turn Positive
U.S. spot Ethereum ETFs had a positive day of inflows following a massive market crash that sent the asset tumbling 23% in less than 24 hours. On August 5, the…
Galaxy Research Warns of Sustainability Concerns for Bitcoin Layer-2 Rollups
A recent report by Galaxy Research has raised concerns about the long-term sustainability of Bitcoin Layer-2 (L2) scaling solutions, particularly rollups, which have gained popularity as a means to keep…
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