Bitcoin ETFs experienced $282.56 million in net outflows on Thursday, marking a third consecutive day of losses as bitcoin traded near $77,000. Major funds like ARKB, GBTC, and FBTC led the selloff, contributing to a total weekly outflow of $449.44 million. Ether and Solana ETFs also saw net outflows, while XRP ETFs stood out by attracting $5.14 million in fresh capital, showing resilience despite XRP's recent price dip. This trend highlights ongoing cautious institutional demand for bitcoin ETFs, with the final trading session of the week expected to reveal if outflows will deepen further.
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
J.P. Morgan has appointed Nelle Miller and William Sinclair as co-CEOs of its U.S. Private Bank, a major wealth management division with over $2.4 trillion in client assets. Miller and Sinclair bring extensive experience in wealth management and clie...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
Meteora's native token, MET, surged 18% following reward campaigns that incentivized staking and liquidity provision. The protocol generated $20.3 million in fees over 30 days, with strong user engagement shown by a rise of over 40,000 active address...
MKDWELL surged nearly 52% after disclosing its acquisition of Landvision Inc., an AI smart-home company, despite shareholder dilution. ACV Auctions rose over 44% following its $1.9 billion acquisition agreement by Copart, Inc. Frequency Electronics j...
