Tag: 1.2B

Bitcoin ETF weekly outflows hit $1.2b after largest daily outflow since August

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U.S. spot Bitcoin exchange-traded funds recorded their third-largest weekly outflows since launch, with $1.22 billion in net redemptions. Summary US Bitcoin ETFs logged $1.22 billion in combined net outflows over the past week. On Friday, these funds recorded the largest single-day outflows since August, with over $555 million in outflows. Bitcoin’s price has started to recover, supported by fresh catalysts. According to data from SoSoValue, the 12 spot Bitcoin ETFs returned to net outflows on Friday, Nov. 10, as $558.4 million exited the funds. Fidelity’s FBTC led the outflows of…

$1.2B Left BTC ETFs This Week, but Not All is Lost for Bitcoin Price

Key Notes US Bitcoin ETFs saw $1.22 billion in outflows this week. BlackRock’s IBIT led with $268.6 million in Friday redemptions. Bitcoin must reclaim $108K–$109K to avoid testing $100K support. Spot Bitcoin exchange-traded funds (ETFs) in the United States saw over $1.2 billion in outflows this week, cementing a brutal week for Bitcoin and digital asset products. On October 17, U.S. spot Bitcoin ETFs recorded a net outflow of $367 million, marking the third consecutive day of outflows. Spot Ethereum ETFs saw net outflows of $232 million, with none of…

Why is Ethena Price Rallying 8% Today Despite $1.2B Crypto Market Crash?

Key Notes ENA outperformed major cryptocurrencies during Friday’s market downturn, recovering from previous de-peg concerns. Binance’s $400 million reimbursement fund helped restore investor confidence in Ethena’s stablecoin ecosystem. The platform expanded its stablecoin infrastructure to Conduit, reaching over 60 Ethereum networks with $4 billion TVL. Ethena ENA $0.44 24h volatility: 8.6% Market cap: $3.14 B Vol. 24h: $640.89 M price rose 8% to $0.44 on October 17, making it one of the few digital assets trading in green amid a widespread crypto market crash. ENA’s performance stood out as cascading…

NFT Market Rebounds After $1.2B Wipeout in Friday’s Crypto Crash

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The non-fungible token (NFT) market showed early signs of recovery after a steep sell-off wiped out about $1.2 billion in market capitalization during the crypto market crash on Friday.  According to CoinGecko data, the sector’s overall valuation fell from $6.2 billion on Friday to $5 billion on Saturday. This erased almost 20%, or about $1.2 billion, in market capitalization for digital collectibles across all blockchain networks.  The sector experienced a rapid recovery as crypto markets rebounded. On Sunday, NFTs reached $5.5 billion, marking a 10% gain following the crash. At…

Bitcoin ETFs Achieved Second-Largest Weekly Inflows in History as Corporate Buying Hit $1.2B

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It’s an exciting time for $BTC as Bitcoin treasury companies added $1.2B in BTC to their reserves last week, while analysts speculate that Bitcoin’s new all-time high resulted from Bitcoin ETFs. Metaplanet led last week’s Bitcoin purchases by buying 5,258 Bitcoins on Wednesday, while Strategy continued to accumulate with an additional 196 Bitcoins bought. However, while Bitcoin treasuries undoubtedly contributed to Bitcoin’s rally that pushed the price above $125K, the main driver of recent price action is spot Bitcoin ETFs, which saw a net inflow of $3.24 billion last week.…

Strive-Semler merger creates $1.2b Bitcoin treasury powerhouse

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The merger of Strive and Semler Scientific consolidates their holdings into a $1.2 billion Bitcoin treasury, holding 10,900 BTC. The new entity now ranks among the top tier of corporate Bitcoin holders while weighing what to do with Semler’s profitable healthcare diagnostics arm. Summary Strive said it will merge with Semler Scientific in an all-stock deal at a 210% premium. The combined entity creates a $1.2 billion Bitcoin treasury holding 10,900 BTC, ranking among top corporate holders. Strive also purchased 5,816 BTC for $675 million ahead of the merger. According…

Galaxy Digital Accumulates $1.2B+ in Solana, Price Soars

Key Notes Galaxy Digital scoops up 1.2 million Solana in a single day, worth $306 million. Total Solana purchases reached 6.5 million coins in five days. Solana is trading close to $236, gaining 25% over the past month despite a slight daily dip. Galaxy Digital has bought another 1.2 million Solana SOL $236.3 24h volatility: 4.0% Market cap: $128.24 B Vol. 24h: $10.83 B , worth about $306 million, in the past 24 hours. The new move adds to a buying spree that has seen the investment firm secure nearly…

European Crypto Giant CoinShares Plans US Market Entry with $1.2B Merger

Key Notes European digital asset manager transitions from Nasdaq Stockholm to capture US market opportunities and growth. Company manages $10 billion in assets with 34% European market share, ranking fourth globally after major competitors. Transaction includes $50 million anchor investment and closes Q4 2025 following regulatory and shareholder approvals. CoinShares International Limited announced on September 8 its entry into a definitive business combination agreement with Vine Hill Capital Investment Corp., a special purpose acquisition company, that will result in the European asset manager listing on the Nasdaq Stock Market in…

NFT Market Cap Drops $1.2B as Ether Declines; Penguins Overtake Apes

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The non-fungible token (NFT) market lost more than $1.2 billion in value in less than a week as Ether’s rally slowed, according to sector data. On Monday, NFT Price Floor data showed that the total valuation of NFT collections had dropped to $8.1 billion, a 12% decline from Wednesday’s NFT market cap of $9.3 billion, which had surged 40% since July.  NFTs losing $1.2 billion in valuation in less than a week coincided with a 9% drop in Ether (ETH) prices. At the time of writing, Cointelegraph data showed ETH…