Bitcoin
Bitcoin ETFs Lose $2.8 Billion In 9 Days: What Is Going On With Institutions?
Spot Bitcoin (CRYPTO: BTC) ETFs have recorded nine consecutive days of net outflows, the longest withdrawal streak since launch in January 2024, pulling roughly $2.8 billion from the complex. Three Consecutive Weeks Of Outflows, $2.3B Gone In May Alone This week alone has seen $1.3 billion exit the funds, extending a three-week outflow streak.
Bitcoin ETFs Shed $2.8B in Record-Breaking Nine-Day Streak
Cooling demand for Bitcoin ETFs adds to declining accumulation by whales, underscoring a trying time for the crypto market.
Michael Saylor's Next Big Bitcoin Bet Is Strategy's STRC
Strategy pioneered the corporate Bitcoin treasury model in 2020, helping turn company balance sheets into a nearly $100 billion source of Bitcoin demand.
Institutional Flows Slow Across US Bitcoin ETF
US spot Bitcoin ETFs have just recorded their ninth consecutive session of net outflows, with 228 million dollars withdrawn in a single day. This unusual series revives questions about the strength of institutional demand, as bitcoin tries to maintain its momentum.
Bitcoin Falls to April Lows While Equities Near Records
Bitcoin slid to its lowest level since early April after failing above $83,000, while S&P 500 and Nasdaq 100 futures neared records. Ether briefly fell to $1,965 before recovering above $2,000, as BTC open interest reached $20.05 billion and options traders bought more downside protection.
Texas Shifts Bitcoin Holdings from ETF to Direct Custody Control
The state of Texas is advancing plans to convert its Strategic Bitcoin Reserve from exchange-traded fund holdings into directly managed cryptocurrency assets. Officials have initiated a formal procurement process to identify qualified custody and liquidity service providers.
Bitcoin underperforms risk assets as record 9th day of ETF outflows signal waning demand
Bitcoin BTC$73,547.94 is stabilizing near $73,500, about 10% below its monthly high of $81,000. Data suggests the stall reflects a shortage of new buyers rather than a plethora of sellers.
Bitcoin avoided an inflation shock, now it has to prove the rally isn't over
The BEA's April PCE print showed headline inflation at 3.8% year over year and core at 3.3%, broadly matching economist expectations and removing the risk of a fresh macro shock, leaving Bitcoin in the fragile middle ground it has occupied since losing $75,000, where macro panic has cooled.
Texas Bitcoin reserve plans $10M shift from IBIT to BTC custody
Texas is seeking a custodian to move its $10M Bitcoin reserve from BlackRock's IBIT ETF into direct BTC holdings within 60 days.
Bitcoin Drops to $72K While Retail Traders Rush to Buy the Dip
Bitcoin hit $72,000 this week. Selling pressure swept across spot markets, futures desks, and ETF platforms simultaneously, dragging the price down to monthly range lows and rattling traders who'd grown used to steadier conditions.
Analysts alarmed as Strategy transfers $30 mln Bitcoin: ‘Someone is going to lose badly'
Will Strategy start selling its Bitcoin stash by June?
New York's Noah Doe's Bitcoin Lawsuit Sparks $285B Crypto Ownership War
The lawsuit targets inactive Bitcoin wallets linked to miners and the Mt. Gox hacker
