BTC HITS 70K!
ETF net inflows hit $472m in strong week. GBTC outflows hit $10bn, nearly overtaken by new 9. BlackRock to allow more funds to buy BTC ETFs. Rumours still of Qatar buying amid Bukele meeting.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin ETF Outflows Reach $65 Million as BlackRock Bleeds Cash
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $65.4 million in net outflows yesterday, accounting for the entire withdrawal fr...
Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week
Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its S...
BlackRock’s IBIT accounts for all $65.4 million in Bitcoin ETF outflows on October 12
The isolated outflow from BlackRock's IBIT highlights investor-specific decisions, underscoring the influence of major ETFs on Bit...
STRC Nearly Hits $100 After Bitcoin Giant Strategy Breaks Buyback Promise
Strategy’s STRC preferred stock closed at $99.88 on Monday, its best finish since May, after the bitcoin treasury giant spent roug...
Blackrock Drives $150M Bitcoin, Ether ETF Selling
U.S. crypto ETFs opened the week under renewed pressure, with bitcoin funds losing $65.40 million and ether ETFs extending their o...
Bitway Crypto Hits All-Time High, Showing the Need for a Bitcoin-Compatible Chain
Bitway crypto has hit an all-time high as Bitcoin steadies near $83,500, mostly flat over 24 hours, but broader market conviction...