By Wayne Jones Bitcoin is struggling to hold its June range floor after $390 million left US spot BTC ETFs last week, according to Wintermute’s newest market update. The trading firm says falling rate-hike odds have failed to lift BTC, while ETF redemptions and miner selling have left the market without a strong source of […]
Tag: IBIT
By George Georgiev Jane Street – the popular quant trading firm with a heavy orientation toward crypto – disclosed more than $1 billion in U.S. spot Bitcoin ETF holdings as of the second quarter of this year. BlackRock’s iShares Bitcoin Trust (IBIT) is currently dominating its portfolio. According to the firm’s latest Form 13F, filed […]
By Jordan Lyanchev The spot exchange-traded funds tracking the performance of the largest cryptocurrency by market cap turned red once again in the past five trading days, with just one day recording more net inflows than outflows. Although the ETH ETFs broke a five-week green streak, their net withdrawals were significantly less violent than those […]