Key Highlights: Hilbert Group Chief Investment Officer Russell Thompson warned on Nov. 9 that Bitcoin could slide toward $65,000 if critical trend-line support at $71,900 fails. Forced selling triggered by margin calls in strained artificial intelligence and semiconductor portfolios threatens to spill over into liquid digital asset holdings. U.S. spot Bitcoin ETFs experienced heavy redemptions, ...
Key Highlights U.S. spot Bitcoin exchange-traded funds recorded roughly $1.16 billion in cumulative outflows across consecutive trading sessions, led predominantly by heavy redemptions from BlackRock’s iShares Bitcoin Trust (IBIT). Despite the headline net outflows, individual funds including Bitwise’s BITB and Fidelity’s FBTC managed to capture net inflows of $21.9 million and $6.8 million, respectively. The ...
Key Highlights: U.S. spot Bitcoin ETFs registered a provisional net outflow of $409.5 million on October 30, abruptly halting a four-day positive inflow streak of $440.8 million following the Binance security breach. Fidelity’s FBTC and Ark Invest’s ARKB drove 81% of the total withdrawals, shedding $201.0 million and $129.5 million, respectively, while BlackRock’s market-leading IBIT ...
Key Highlights: Spot Bitcoin ETFs saw two straight weeks of net outflows totaling $909.68 million, while roughly $60 million in leveraged positions were liquidated in 24 hours. Bitcoin displayed relative strength by holding above $80,000 despite a 6% pullback in the Nasdaq and broader macroeconomic and tech-sector headwinds. Long-term supply dynamics strengthened as Charles Schwab ...
Key Highlights: Bitcoin traded at $83,220.70 amid significant market turbulence, characterized by $811.79 million in liquidations affecting 169,781 traders within a 24-hour window. Approximately 71.04% of the circulating Bitcoin supply remains in profit compared to 28.96% in loss, reflecting ongoing market stress alongside potential accumulation indicators. U.S. demand signals weakened significantly as the Coinbase Premium ...
Key Highlights: Bitcoin price targets are pinned between an $80,000 downside risk and an $86,000 recovery, heavily hinging on upcoming U.S. CPI and PPI inflation reports. Institutional sentiment faces friction following substantial weekly spot Bitcoin ETF outflows, including a single-day withdrawal of $484.9 million on October 7. Geopolitical friction and elevated crude oil prices have ...
Key Highlights Spot Bitcoin ETFs recorded approximately $148.7 million in net outflows in a single day. Fidelity’s FBTC fund led withdrawals with approximately $125.6 million, while BlackRock’s IBIT ended a nine-day inflow streak. Despite the outflow, spot Bitcoin ETFs have attracted more than $57 billion in cumulative net inflows since launching in January 2024. Spot ...
Spot Bitcoin ETFs See Largest Outflows Since June as Senate Crypto Bill Stalls U.S.-listed spot Bitcoin exchange-traded funds recorded their most significant day of net outflows since late June on Tuesday, reversing the previous day’s inflows after a major cryptocurrency legislative effort stalled in the Senate. Net Outflows Top $450 Million The 13 U.S.-listed funds ...