U.S.-listed Bitcoin ETFs attracted $197.4 million in net inflows this week, ending an eight-week streak of withdrawals. Most of the inflows came from BlackRock’s iShares Bitcoin Trust, while other funds like Grayscale and Fidelity saw outflows. Despite this positive shift, the inflows only recovered about 2.4% of the $8.26 billion lost in the prior eight weeks, indicating cautious institutional demand. Trading volumes remain low, and the upcoming U.S. inflation report on July 14 could influence whether this inflow trend continues or reverses.
The Amplify CWP International Enhanced Div Inc ETF is an actively managed international equity covered call fund that offers a high distribution yield of 5.8%. Its effective active management has driven consistent outperformance compared to peers, su...
About 54 million XRP, worth roughly $83 million, stolen from Bitget has been moved across several wallets, dispersing the tokens beyond the initial five wallets and making recovery harder. Originally, around 103 million XRP (valued at $160 million) w...
Ethena has started trading equity perpetuals basis on Binance, aiming to capture an average 11% yield, nearly double short-term U.S. Treasury bond returns. This move expands USDe's yield sources beyond crypto assets to real-world assets, increasing t...
Bitcoin mining companies are adjusting operations due to production costs exceeding market prices, which pressures profit margins. Miners are moving equipment to cheaper power regions, retiring old machines, and reducing capacity to maintain cash flo...
Jito (JTO) token surged 16.33% to $0.5705 with significant futures and spot trading volumes, reaching over $129 million and $27 million respectively. This price movement followed the listing of JitoSOL on the Philippine exchange PDAX, which allows tr...
