MSBT launched at 0.14%, below BlackRock's IBIT at 0.25% and Grayscale's Bitcoin Mini Trust at 0.15%, making it the lowest-cost spot BTC ETF.
A working zk-STARK prototype now shields Bitcoin holders if quantum attacks force a network lockdown
U.S. spot Bitcoin (CRYPTO: BTC) ETFs posted $94 million in net outflows on Wednesday despite Bitcoin rallying from $67,800 to $71,000 on U.S.-Iran ceasefire news. The Outflow Breakdown Fidelity Wise Origin Bitcoin Fund (NYSE:FBTC) recorded the largest outflows at $79 million, followed by ARK 21Shares Bitcoin ETF (NYSE:ARKB) at $74.7 million.
OnchainLens said in a recent X post that the Royal Government of Bhutan moved 319.7 BTC worth $22.67M to two wallets. The post flagged one of the destinations as a new address and suggested it was likely tied to an exchange. The Royal Government of Bhutan moved 319.7 $BTC worth $22.
Bitcoin exchange-traded funds (ETFs) extended their outflow streak despite a strong debut from Morgan Stanley's new fund. Ether followed with losses, while solana declined, and XRP remained inactive. Key Takeaways Morgan Stanley's MSBT drew $30.6 million, but bitcoin ETFs still lost $93.9 million amid uneven demand. Blackrock IBIT added $40.
Bitcoin climbed to nearly $73,000 on Wednesday before a rejection sent it down more than $2,000 in a sharp intraday reversal. Ethereum slipped back below $2,200, BNB overtook XRP for fourth place, and larger-cap altcoins broadly gave back part of Tuesday's rally across the market.
BitMEX co-founder Arthur Hayes has publicly challenged reports that Iran is collecting Bitcoin (BTC) tolls from oil tankers transiting the Strait of Hormuz.
Bitcoin's recent move back over $70,000 has less to do with anything happening in crypto and more to do with oil prices, market analysts say. The largest cryptocurrency hit $70,900 after sliding near $67,000 earlier this week.
Bitcoin Depot said a hacker stole 50.9 BTC, worth about $3.7 million, after gaining access to internal systems linked to corporate wallets.
Strategy's Saylor sees forced sellers gone, ETF demand rising, and quantum risk years away from mattering.
The S&P 500 has performed extremely well over the past week, wiping out most of the losses caused by the dip from the Middle East Conflict, while Bitcoin did even better. However, with both at, or approaching, strong resistance, is it time for both to enter the next corrective phase?
On April 8, Morgan Stanley's spot Bitcoin exchange-traded fund began trading on the NYSE Arca under the ticker MSBT, logging 1.6 million shares and roughly $34 million in volume on its highly anticipated first day. The MSBT fund purchased 430 Bitcoin on day one, following $30.6 million in net inflows.