Key Takeaways BlackRock’s spot Bitcoin exchange-traded fund faced one of its worst trading sessions on record Wednesday. The iShares Bitcoin Trust lost $527.8 million in net flows as U.S. spot Bitcoin funds extended an eight-day redemption streak. The selling pressure emerged while Bitcoin traded below $75,000 during a broader crypto market correction. Farside Investors data […]
KEY INSIGHTS: The United States Securities and Exchange Commission delayed several applications for prediction-market ETFs while reviewing their structures and risks. The decision affected filings submitted earlier this year by Bitwise Asset Management, Roundhill Investments, and GraniteShares. SEC Chair Paul Atkins said the agency needed additional time to evaluate the proposed products. In a Wednesday […]
Key Takeaways Crypto news today showed Bitcoin holding near $77,991 on May 1 as exchange-traded fund inflows strengthened demand. The move followed improving spot activity and rising derivatives positioning, which kept traders focused on higher liquidity zones. The broader crypto news today narrative centered on sustained demand from crypto ETFs and Bitcoin ETFs, which tightened […]