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Institutional investors continue to scoop up Bitcoin above $100K

Institutional investors continue to scoop up Bitcoin above $100K

Bitcoin crossed the $100,000 mark again on May 8 as institutional investors continue stacking sats.Farside Investors’ data shows that spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded cumulative net inflows of $142.3 million on May 7, in a sign of “sustained institutional interest,” according…

Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total

Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total

In a recent filing with the US Securities and Exchange Commission (SEC), Strategy (formerly Microstrategy), disclosed the purchase of an additional 6,556 Bitcoin (BTC) at an average price of $95,167 per coin between April 28 and May 4. This latest acquisition brings the company’s total Bitcoin holdi…

Bitcoin Price Surge: Nears $100,000 Mark Post Breakthrough Of 10-Week High

Bitcoin Price Surge: Nears $100,000 Mark Post Breakthrough Of 10-Week High

The market’s largest cryptocurrency, Bitcoin (BTC), is once again nearing the $100,000 milestone, following a significant rally that has seen the cryptocurrency reach its highest price since late February. After experiencing downward pressure attributed to Donald Trump’s tariff policies, which trigg…

Bitcoin ETFs See $3.06B Weekly Inflows, Second-Highest on Record

Bitcoin ETFs See $3.06B Weekly Inflows, Second-Highest on Record

In what many see as a sign of Bitcoin’s deepening foothold among institutional investors, spot BTC exchange-traded funds (ETFs) recorded a staggering $3.06 billion in net inflows last week.This dramatic surge, unfolding between April 21 and April 25, marks the second-largest weekly performance by th…

Bitcoin ETFs on $3B ‘bender,’ log first full week of inflows in 5 weeks

Bitcoin ETFs on $3B ‘bender,’ log first full week of inflows in 5 weeks

Spot Bitcoin exchange-traded funds (ETF) in the United States saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks.On April 25, the 11 spot Bitcoin ETFs saw $380 million in inflows, bringing the total for the week to around $3.06 billion over fi…

How To Price Bitcoin? BlackRock Exec Explains

How To Price Bitcoin? BlackRock Exec Explains

Bitcoin should be valued as “an uncorrelated asset that benefits when the world gets messier,” BlackRock’s US Head of Equity ETFs Jay Jacobs told CNBC in an interview on Thursday.“Crypto over the long run is decoupled from US tech stocks,” Jacobs said, stressing that short-term market stress can mas…

 BlackRock Bitcoin fund wins best new ETF on $643M inflow day

BlackRock Bitcoin fund wins best new ETF on $643M inflow day

BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21. On April 23, BlackRock’s iShare Bitcoin ETF (IBIT) was awarded the “Best New ETF” at the annual etf.com ETF awards. In an X post shortly after, Bloomber…

BlackRock’s IBIT attracts $643 million in single-day inflows; largest in 13 weeks

BlackRock’s IBIT attracts $643 million in single-day inflows; largest in 13 weeks

BlackRock's IBIT, the largest spot bitcoin exchange-traded fund by net assets, saw positive flows of $643 million on Wednesday — its largest single-day since Jan. 21. This brought the daily total net inflows of U.S. bitcoin ETFs to $916.9 million, nearly matching Tuesday's $936.4 million positive fl…

Spot bitcoin ETFs see $936 million inflows as ‘safe haven’ narrative strengthens

Spot bitcoin ETFs see $936 million inflows as ‘safe haven’ narrative strengthens

On Tuesday, U.S. spot bitcoin exchange-traded funds saw their largest single-day net inflows since Jan. 17 — $936 million, to be exact. Analysts say this reflects "growing conviction" in bitcoin as a hedge against ongoing geopolitical and macroeconomic tension.Positive flows were seen across 10 bitc…

The Daily: Justin Sun says he ‘welcomes’ legal action, BlackRock taps Anchorage Digital as custodian, Binance’s tax evasion lawsuit in Nigeria temporarily adjourned and more

The Daily: Justin Sun says he ‘welcomes’ legal action, BlackRock taps Anchorage Digital as custodian, Binance’s tax evasion lawsuit in Nigeria temporarily adjourned and more

The following is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Happy Tuesday. Crypto prices continue to bleed, with bitcoin and ether down about 2% and 5% respectively in the past day. Still, the industry persists in making key legal, custodial and acquisiti…

Bitcoin’s ‘digital gold’ claim challenged as traders move into bonds and gold hits new highs

Bitcoin’s ‘digital gold’ claim challenged as traders move into bonds and gold hits new highs

April 2 is shaping up to be a pivotal moment in global trade policy. US President Donald Trump has dubbed it “Liberation Day,” in reference to when new tariffs—exceeding 20%—will hit imports from over 25 countries. According to The Wall Street Journal, the administration is also weighing “broader an…

Bitcoin ETFs See $744 Million Inflows After Five Weeks of Consecutive Outflow

Bitcoin ETFs See $744 Million Inflows After Five Weeks of Consecutive Outflow

After five weeks of consecutive outflows, US spot Bitcoin ETFs have rebounded with $744 million in net inflows this week. On Monday, March 17, ETFs saw a $274 million inflow, which was the highest daily figure in over a month.This rebound suggests that institutional investors are coming back to the …