By Mandy Williams Bitcoin moved toward the top of its range last week as institutional demand through U.S. spot ETFs strengthened. Cooler employment data reduced expectations for an immediate Federal Reserve rate hike, but persistent selling pressure kept the move contained. The stronger ETF demand was reflected in $865.3 million of net inflows across five […]
Tag: IBIT
By Devanshi Kashyap According to Lookonchain data, today, August 12, 2026, Metaplanet (Japanese Bitcoin Treasury company) has transferred 3,881 BTC, worth about $247.3 million. The company owns 43,000 BTC at an average purchase price of $96,191. With this transfer, Metaplanet currently holds unrealized losses of around $1.4 billion, or 34%. Moreover, Lookonchain also highlighted that […]
BlackRock is making it easier for investors to move Bitcoin into its spot Bitcoin ETF, IBIT, potentially opening a new path for larger holders seeking exposure to the asset without immediately selling their coins. Robbie Mitchnick, BlackRocks head of digital assets, revealed the change during Bloombergs ETF IQ program on August 10. He said the […]