Spot Bitcoin ETFs have recorded seven consecutive weeks of net inflows, attracting about $3.4 billion in the last six weeks alone. This steady demand, led by BlackRock's iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund, indicates institutional investors are gradually rebuilding exposure to Bitcoin amid macroeconomic and regulatory uncertainties. The inflows suggest a more selective and adaptive approach by institutions, balancing Bitcoin investments with broader blockchain and tokenized asset interests. The trend raises questions about whether this steady accumulation will continue and its impact on Bitcoin's price trajectory moving forward.
Bitcoin spot ETFs experienced a $635 million outflow, the biggest since January, driven by rising inflation data and the confirmation of a hawkish Fed Chair, Kevin Warsh. Inflation reports showed higher-than-expected CPI and PPI, killing hopes for ra...
BlackRock accelerated its sell-off of Bitcoin and Ethereum on May 13, transferring $172.68 million worth of these cryptocurrencies to Coinbase Prime. This move follows five consecutive days of outflows from BlackRock's iShares Bitcoin Trust and low d...
