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Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday


U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT...

Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday


At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC...

After Half a Decade, Mt. Gox Initiates $2.9B Bitcoin Transfer


Defunct crypto exchange Mt. Gox transferred about 42,829 Bitcoin, valued at roughly $2.9b, to a new wallet according to data from Arkham Intelligence. Bitcoin’s price dropped slightly to $67,787 after reaching a high of $70,600 on Monday. The post After Half a Decade, Mt. Gox Initiates $2.9B...

American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans


The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools. The post American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans appeared...

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