Crypto Biz: Bitcoin whales trade keys for comfort
Early BTC whales shift to ETFs, giving up keys for TradFi perks, as BlackRock conversions rise and onchain self-custody breaks a 15-year uptrend.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Early BTC whales shift to ETFs, giving up keys for TradFi perks, as BlackRock conversions rise and onchain self-custody breaks a 15-year uptrend.
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 CointelegraphRelated market context
Morgan Stanley is using $7.4 trillion in client assets and rock-bottom fees to hijack Wall Street’s crypto boom
Morgan Stanley’s new Ethereum and Solana exchange-traded products generated roughly $38 million in combined trading volume on thei...
Morgan Stanley’s MSSE Pulls in $5M on Debut as Ether ETFs Again Top Bitcoin With $14.5M Inflow
Ether ETFs attracted $14.53 million on Tuesday, building on Monday’s gains as demand spread across three funds. Bitcoin ETFs poste...
Kraken launches Fixed Rate Rewards, giving accredited US investors fixed APYs of up to 7% on cash and stablecoins
TL;DR Fixed Rate Rewards is a new addition to Kraken Earn that gives eligible US accredited investors a fixed APY of up to 7% on c...
US-Saudi coalition strikes Iran-backed forces in Iraq, oil spikes over 4% as crypto traders brace for volatility
The US-Saudi strikes heighten geopolitical tensions, impacting global markets by driving oil prices up and increasing crypto marke...
BlackRock calls on US Senate to pass the Crypto Clarity Act
The passage of the Crypto Clarity Act could significantly enhance regulatory certainty, fostering broader institutional investment...
SK Hynix profits surge sixfold as stock drops 10%, and tokenized shares offer crypto traders a front-row seat
The stock's decline despite strong profits highlights market volatility and offers crypto traders unique opportunities and risks i...