Key highlights: According to BlackRock, Bitcoin is now showing signs of a positive sentiment As investors are largely embracing BTC ETFs, it underscores the growing confidence BlackRock has also lowered the minimum for in-kind Bitcoin conversions Investment giant Interestingly, this shows that investors are now less concerned about the current market volatility. Instead of turning […]
Tag: IBIT
By Chayanika Deka Another push above $65,000 failed to hold on Tuesday, sending Bitcoin back below $64,000. The crypto asset was down more than 1.6% over the past day. Against this backdrop, large BTC wallets are back at levels not seen in months. Meanwhile, smaller holders are steadily losing ground. Elite Wallets Are Moving Up […]
Key highlights: Bitcoin spot ETFs have recorded four straight days of positive net inflows. Total monthly inflows are at $800 million, with experts pointing to the Coldcard hack as the trigger. Eric Balchunas noted that Bitcoin ETFs are a worthy alternative for long-term Bitcoin investing. Bitcoin spot ETFs have started August with a bang, raking […]