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Cryptocurrency Markets
ProShares Bitcoin Futures ETF ‘BITO’ Hauls In $570M of Assets in Stock-Market Debut
According to ProShares, the fund’s sponsor, the new ETF’s assets shot to $570 million from $20 million on its first day of trading.
Bitcoin Hits 6-Month High as First Bitcoin Futures ETF ‘BITO’ Starts Trading
The ProShares Bitcoin Strategy exchange-traded fund started with $20 million of seed capital.
Crypto Funds Double Weekly Inflows to $226M as Ebullience Returns to Bitcoin Market
The jump was largely driven by bitcoin-focused funds, where inflows rose by $156 million to $225 million, the highest in five months.
Bitcoin Price Surges to 5-Month High Over $54K
Bullish sentiment returns to largest cryptocurrency, up 25% already this month.
Since ‘Golden Cross,’ Bitcoin Is Down 12%; Blame the Fed?
The ostensibly bullish price-chart indicator hasn’t yet produced much in the way of gains for traders of the largest cryptocurrency.
Bitcoin ‘Golden Cross’ Appears in Price Charts, Confirming Bullish Trend
The golden cross is generally regarded as a “positive” indicator,” Fundstrat wrote Wednesday in a note to subscribers.
Tether Denies Holding Evergrande’s Commercial Paper as Reserve for Stablecoin USDT
It’s the latest twist in ongoing speculation over the quality of the reserves backing USDT.
Staking Giant Lido Expands to Solana
Lido controls over 80% of the fast-growing market for ether staking derivatives.
Bitcoin Tumbles Most Since May and El Salvador Buys the Dip
Price drop triggers about $3 billion of liquidations of trading positions due to margin calls.
