With the Nethermind execution client faulting on Sunday, all eyes are on Geth.
Stocks up, bitcoin down. Some blame GBTC outflows, but what's really going on?
Bitcoin is going down (again), despite surpassing silver to become the second largest ETF commodity in the United States (hooray!).
Rolling net flows for Bitcoin ETFs have grown to $1.2B+, following $914M inflows into the new ETFs beating the $450M outflows from Grayscale’s GBTC. Total trade volume for the new nine ETFs are currently at $5.4B in the first four days.
The post-ETF launch sell-off seems to have run its course, for now, as bitcoin volatility has been relatively muted so far this week
Last week didn’t end like we all hoped it would. Following the ETF, there was actually a decent correction on BTC, which peaked at $49K, and is currently trading at around $42.5K.
Total day one inflows across all 11 ETFs came in at ~$721M, with Bitwise’s BITB in the lead at $238M AUM.
In case you live under a rock, yesterday the SEC approved 11 spot Bitcoin ETFs.
Decision day! Bitcoin ETF issuers hold their breath.
We march closer. Inch by inch, gwei by gwei, sat by sat.
OI for BTC perpetuals and CME BTC OI reached year highs as people wait in anticipation for the expected ETF
