Bitcoin24h $72,505.33+1.95%

Ethereum24h $2,167.10+3.35%

BNB24h $673.13+2.42%

XRP24h $1.44+2.83%

Solana24h $91.88+4.35%

TRON24h $0.2986+0.15%

Dogecoin24h $0.0970+1.30%

Cardano24h $0.2689+2.48%

Hyperliquid24h $37.22-1.95%

Bitcoin Cash24h $468.60+0.42%

CHART: Bitcoin ETFs shed $58B, dropping faster than BTC

Although both BTC ETFs and the price of BTC itself have declined since October, ETF outflows have far outpaced the asset’s decline.

The US is likely losing money on its Digital Asset Stockpile

The US Digital Asset Stockpile contains crypto assets that have been crashing in price since the fund came into existence on April 5.

BTC’s price fell to $82K today during one of crypto’s worst months since the catastrophic crash of Terra/Luna in 2022.

The Swiss National Bank is reportedly increasing its “indirect” exposure to BTC through BTC-related stocks.

Core and Maple Finance are locked in a dispute over competing BTC yield products, with an injunction secured against the launch of syrupBTC.