Bitcoin flattened under $64,000 as flat July PPI and in-line CPI both failed to spark a rally, with Glassnode flagging absent buyers.
Goldman Sachs will gain NEOS's Bitcoin and Ethereum income ETFs, potentially reshaping Wall Street's competition for crypto yield products.
Bitcoin ETFs see significant outflows as BlackRock and Fidelity sell off holdings, shifting focus to Ethereum.
Bitcoin price rebounds above $63,300 as reports claim the UAE released billions in frozen Iranian assets, while oil prices fall to near $81 per barrel.
Bullish's Bitcoin strategy highlights the growing trend of corporate crypto holdings, influencing market dynamics and investor strategies. Bullish retains 19,990 Bitcoin worth $1.28B through Q2, cementing its treasury strategy.
Riot's strategic shift to AI infrastructure diversifies revenue streams, reducing reliance on volatile Bitcoin mining and enhancing investor appeal. Riot Platforms sells 4,300 BTC to fund operations and its pivot toward AI infrastructure.
BTCI listed a 26.73% distribution rate, a 1.62% SEC yield and a negative 41.66% one-year NAV return.
Metaplanet denied selling bitcoin after a 5,014 BTC transfer of $320 million, saying the movement was a custody operation and holdings remain at 43,000 BTC. The company launched BitBonds with four placed bond series worth 200 million yen, or $1.3 million, carrying interest of 4% to 4.3%.
MARA Holdings (NASDAQ: MARA) has obtained a $450 million lending arrangement backed by Bitcoin from Coinbase Prime.
Bitcoin remains trapped between $63,000 and $68,700 as weak spot volume, ETF outflows and whale sales raise breakout risks.
A future Bitcoin buyer may encounter the asset through a portfolio they already own. An adviser can add a small allocation, a brokerage account can hold a spot ETF, and future retirement products could place Bitcoin inside another familiar investment wrapper.
BitGo's strategic Bitcoin accumulation underscores its commitment to crypto as a core asset, potentially influencing corporate treasury norms. BitGo Holdings adds 74 Bitcoin in Q2, pushing corporate treasury to 2,523 BTC.