π’ BlackRock Sees Record $BTC ETF Outflows
BlackRock just recorded its largest Bitcoin ETF sell-off since launch.
β’ $528.3M sold from spot $BTC ETFs in one day
β’ Bigger than the previous record outflow of $523M
β’ Today alone exceeded the rest of the weekβs net outflows combined
BlackRock just recorded its largest Bitcoin ETF sell-off since launch.
β’ $528.3M sold from spot $BTC ETFs in one day
β’ Bigger than the previous record outflow of $523M
β’ Today alone exceeded the rest of the weekβs net outflows combined
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π’ Tetherβs U.S. Treasury Holdings Hit Record $122B
Tetherβs holdings of U.S. Treasuries have climbed to a record $122B, even as profits declined year over year.
β’ $122B in U.S. Treasury holdings, a new high
β’ Profits down 23% YoY
β’ Stronger reserve position despite lower earnings
Tetherβs holdings of U.S. Treasuries have climbed to a record $122B, even as profits declined year over year.
β’ $122B in U.S. Treasury holdings, a new high
β’ Profits down 23% YoY
β’ Stronger reserve position despite lower earnings
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π’ BitMineβs Ethereum bet is currently deep underwater. The firm is sitting on an estimated $6B in unrealized losses, with $ETH trading around $2.3K, well below its average cost near $3.8K, roughly a 40% drawdown. Despite the losses, BitMine is still accumulating and staking ETH, with total exposure now above 4M ETH
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