Bitcoin Spot ETFs Bleed $231M as Ether ETFs Shed $30M
The outflows land against a backdrop of thin weekend flows and a year-to-date lead for ETH products that has narrowed sharply since the May peak.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
The outflows land against a backdrop of thin weekend flows and a year-to-date lead for ETH products that has narrowed sharply since the May peak.
The yen move is the macro tell, not the price tag: a 40-year low in JPY forces a global unwind of carry trades funded in yen, and crypto is taking the spillover alongside equities.
The bitcoin ETF complex is missing the year's hottest risk-on trade, a chip-led AI rally that has Asia's benchmark pacing its best quarter in 17 years and pulling marginal dollars away from BTC…
European crypto founders are voting with their feet ahead of MiCA's July 1 cut-off: Dubai's VARA is fielding 120+ inquiries a week, and Binance has already pulled its Greek application.
1.2K $BTC (≈69.5M) moved from #Kraken to unknown wallet.
Combined 1,700 BTC of short exposure at 20x and 40x leverage is a small fraction of open interest, but the wallet histories and sizing signal high-conviction directional bets against near-term price.
It's not a sale yet, but Strategy's reversal of Saylor's never-sell stance meets a 40-year-low yen and a thin on-chain tape, leaving the market with no obvious lift.
The yen trade is the macro frame, but Strategy's first billion-dollar BTC monetization program under a soft market is what breaks the bid.
Upbit is the country's largest venue by domestic volume; a16z crypto, Galaxy Digital and CoinFund have backed Gensyn's roughly $78M raise to date.
Cathie Wood's flagship fund added exposure to four crypto-adjacent equities in a single session, with Coinbase and Circle taking the bulk of the buy.
Wall Street's biggest US bank just endorsed digital-asset legislation while Michael Saylor's treasury arm rolled out a credit plan to manage its $55B Bitcoin stack, even as BTC slipped below $60K.
The debut lands on Thursday under ticker SECZ, giving public investors a rare pure-play on tokenization just as Citi and Standard Chartered project trillions in real-world assets moving onto…
897 $BTC (≈54.2M) moved from Coinbase Institutional to unknown wallet.
1.7K $BTC (≈103.2M) moved from unknown wallet to Coinbase Institutional.
863 $BTC (≈52.1M) moved from Coinbase Institutional to unknown wallet.
1.2K $BTC (≈70.6M) moved from #Kraken to unknown wallet.
Two years after BlockFi, Celsius and Genesis imploded, Wall Street is back in the BTC credit game. The lending market has doubled, U.S.
The investment bank still expects a July 13 Senate markup, but ethics, law enforcement, and banking-industry friction mean the crypto market-structure bill faces real odds of slipping past the…
The level held for months; once it gave, exchange deposits, negative ETF flows and a billion-dollar put wall clustered at $50K-$55K turned a technical break into a coiled-volatility setup.
The micro-sale marks Strategy's first Bitcoin divestment in nearly four years and signals that the credit products layered on top of its BTC treasury can pull bitcoin sales into the open market to…
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
Most recent Bitcoin coverage: "Bitcoin Spot ETFs Bleed $231M as Ether ETFs Shed $30M" — read at /en-US/a/bitcoin-spot-etfs-bleed-231m-as-ether-etfs-shed-30m.