U.S. spot Bitcoin and Ether ETFs attracted about $1.11 billion in combined net inflows during the week ended August 7, delivering the strongest week for both product groups since April. Bitcoin funds recorded inflows in all five sessions, while Ether ETFs extended their positive weekly run to five. Farside data show Bitcoin ETFs collected $865.3 […]
Bitcoin held near $65,000 on Friday after a surprisingly weak U.S. employment report sharply reduced expectations for another Federal Reserve rate hike in September. The U.S. economy lost 23,000 nonfarm jobs in July, badly missing expectations for an increase of roughly 80,000. The Bureau of Labor Statistics also revised May payroll growth from 129,000 to […]
Circle Internet Group reported $48 million in second-quarter 2026 net income from continuing operations, reversing a $482 million loss a year earlier, as USDC onchain transaction volume climbed 151% to $14.8 trillion. In its second-quarter earnings release, Circle said total revenue and reserve income rose 7% year over year to $701 million. Adjusted EBITDA increased […]
BlackRock Leads $244M Bitcoin ETF Inflow as Streak Reaches Three Days U.S. spot Bitcoin ETFs recorded a third consecutive day of inflows as BlackRock’s IBIT attracted more than 80% of the session’s total. U.S. spot Bitcoin exchange-traded funds attracted $244.4 million in net inflows on August 5, extending their positive run to three consecutive trading […]
Bitcoin climbed back above $64,000 on Wednesday, trading near $64,100 after reports that the United States and Iran were moving closer to an interim arrangement covering the Strait of Hormuz. The cryptocurrency gained roughly 0.9% and reached an intraday high near $64,450. Treasury Secretary Scott Bessent said Washington could announce an agreement as soon as […]
U.S. spot Ethereum exchange-traded funds swung back into positive territory on Tuesday, attracting $53.1 million after recording an $11.9 million net outflow in the previous session. The reversal arrived as BitMine Immersion Technologies continued its weekly accumulation, showing institutional demand for ETH through two separate channels: regulated funds and a publicly traded corporate treasury. According […]
Hashdex will close and liquidate its U.S.-listed Bitcoin ETF, DEFI, after the product failed to build sufficient scale in an increasingly concentrated market. The fund held approximately $14.7 million in assets as of July 30, making it the smallest U.S. spot Bitcoin ETF. The asset manager announced that shareholders can trade DEFI on NYSE Arca […]
American Bitcoin Corp. expanded its strategic reserve to approximately 8,002 BTC by June 30, 2026, despite recording a $57.2 million net loss for the second quarter. The company added roughly 981 BTC during the three-month period, lifting its holdings by 14% from 7,021 BTC at the end of March, according to its second-quarter results. It […]
Strategy sold 1,638 BTC between July 27 and August 2 for $104.73 million, or an average $63,957 per coin. The company allocated $52.4 million to preferred-stock dividends and $52.3 million to repurchases of its Variable Rate Series A Perpetual Stretch Preferred Stock, or STRC. The transaction reduced Strategy’s holdings to 842,138 BTC, acquired for an […]
Coinbase shares fell more than 5% in after-hours trading after the crypto exchange reported approximately $1.22 billion in second-quarter revenue and a net loss of $359.5 million, or $1.36 per diluted share. The result marked Coinbase’s third consecutive quarterly loss. Transaction revenue fell 21% year-over-year to $599 million, underscoring the company’s continued exposure to subdued […]
