U.S. spot bitcoin ETFs added another $155 Million on Wednesday, continuing a two week run of institutional inflows even as Glassnode warns underlying demand remains fragile.
Crypto-linked equities outpaced the broader market rally, with Gemini shares jumping about 34% and Coinbase climbing roughly 15%.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Fresh allocations to spot bitcoin ETFs suggest investors are growing more comfortable despite the asset still being down 16% this year.
Morgan Stanley's updated S-1 filing named Coinbase and BNY as custodians for its proposed bitcoin exchange-traded product.
K33 said bitcoin is heavily oversold after the prolonged sell-off, arguing there is "no compelling reason" to sell BTC at current levels.
Market maker Enflux says traders are not pricing catastrophe or resolution to the conflict in the Middle East, while Glassnode data shows improving spot demand but cautious derivatives positioning.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Volatility and private equity cash needs, not a market bet, may explain the endowment’s crypto shift, experts say.
Analysts told The Block that institutions are increasingly viewing bitcoin as a maturing diversifier asset.
U.S. BTC ETFs added $458 million, suggesting institutional buyers are absorbing the weekend shock that briefly sent BTC to $63,000.
The inflows coincide with a rebound in the Coinbase Premium index, signaling renewed U.S. demand.
Jane Street is a major authorized participant in spot bitcoin ETFs. That's not a conspiracy. But the mechanics of what APs actually do at market open explain more than most people realize.
ETF inflows suggest institutional sentiment is stabilizing and shifting toward cautious accumulation, one analyst said.
In this week’s Crypto Long & Short Newsletter, Gregory Mall of Lionsoul Global on how ETFs have shifted a growing share of bitcoin volatility into U.S. equity options markets.
Shedding over 17,000 BTC worth of bitcoin ETF shares, Brevan Howard was the firm that reduced its exposure most.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The tumbling crypto market still largely reflects a leverage flush-out rather than a full-blown capitulation, one analyst noted.
A spokesperson for Laurore said the $436 million IBIT stake “reflects personal investment conviction,” as records link it to a mainland China passport holder.
U.S. spot bitcoin ETFs recorded about $316 million in net outflows during the holiday-shortened Presidents' Day trading week.
U.S. spot crypto ETFs saw broad-based redemptions led by bitcoin and ether funds, while Solana products drew fresh inflows, signaling selective institutional rotation rather than a full retreat from digital assets.
The filing provides little detail on the firm or its funding source, leaving the identity of the ultimate investors behind the IBIT position unclear.
Two spot SUI exchange-traded funds hit the market on Wednesday, offering investors direct exposure to the token's price.
Defensive sentiment, falling leverage, and declining ETF exposure suggest the market may be near a bottom, K33 said.
Combined, Mubadala Investment Company and Al Warda Investments held more than $1 billion of BlackRock's iShares Bitcoin ETF (IBIT) at the end of 2025.
Mubadala Investment Company and Al Warda Investments owned over 20 million shares in BlackRock's BTC exchange-traded fund in Q4.
The bank also holds a large put option position on Strategy, potentially capitalizing on the company trading above the value of its BTC holdings.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The shift may be due to complex market dynamics, potentially reflecting the unwinding of a trade that capitalized on bitcoin treasury companies trading at premiums to their mNAV.
Harvard trimmed its Bitcoin exchange-traded fund holdings by 21% in Q4 and opened an $86.8 million Ethereum ETF position.