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The largest spot bitcoin ETF in the world has broken its longest streak of inflows yet, shedding $430 million as the price of BTC rebounded from its all-time high. BlackRock's IBIT fund, which has $69.2 billion worth of assets under management (AUM), saw $430 million in outflows on Friday, according…
Today in crypto, SEC raises concern on REX-Osprey staking ETFs, the IMF has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining, and BlackRock posts its largest spot Bitcoin ETF outflow day ever.The SEC says REX-Osprey staking funds may not meet leg…
Key takeaways:XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential.SEC’s review of WisdomTree’s XRP ETF may spark investor interest as approval odds jump to 84% on Polymarket. XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation as…
Sui (SUI) is making a strong technical case for a 100% price rally in the coming weeks, helped further by a slew of optimistic updates, such as the recent Nasdaq ETF filing with the US Securities and Exchange Commission (SEC).Gooner EMA support raises 40% SUI bounce potential As of May 28, SUI has r…
Ethereum’s price metrics are flashing signals that suggest that the long-awaited altcoin season (altseason) may be around the corner.According to a report by the market analytics platform CryptoQuant, the relative price of ether (ETH) compared to bitcoin (BTC) may have seen the bottom for this cycle…
VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14.The VanEck Onchain Economy ETF (NODE) is listed on the Cboe exchange and aims to provide investors w…
BlackRock has updated its S-1 registration statement for the iShares Bitcoin Trust (IBIT), introducing new language that outlines the potential risks posed by quantum computing.This revision, filed on May 9, reflects growing industry awareness of how advanced computing technologies could impact cryp…
Key points:Bitcoin is witnessing a tough battle between the bulls and the bears at the $95,000 level.Solid buying by spot Bitcoin ETF investors last week signals a positive shift in investor sentiment. Select altcoins have held their support levels, increasing the likelihood of a short-term up move.…
Asset manager VanEck has asked US regulators for permission to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, regulatory filings show. The ETF is designed to accumulate spot BNB tokens and “may, from time to time, stake a portion of the [fund’s] assets thro…
The U.S. Securities and Exchange Commission has delayed a proposal from Canary Funds to list and trade a spot Litecoin exchange-traded fund and is asking for public input.The agency is asking for public comments, according to a filing released on Monday."In particular, the Commission seeks comment o…
TL;DRTeucrium Paved the WayIn the past year or so, multiple companies have sought the launch of an exchange-traded fund (ETF) in the USA tracking the performance of Ripple’s native token. Earlier this month, Vermont-based asset manager Teucrium made headlines bybecomingthe first to introduce such a …
Key takeaways:Bitcoin's 28% rebound from $75,000 faces resistance at $95,000, risking a bull trap.Strong spot price momentum and ETF inflows support a potential $100,000 push.Bull flag pattern suggests a $108,300 target if BTC breaks the $95,000 resistance.Bitcoin (BTC) price has rebounded by 28% fr…