Ether (ETH) exchange-traded funds (ETFs) have experienced their largest outflows since July, with more than $79 million being withdrawn on Monday. This marks a significant decline in institutional interest in the second-largest cryptocurrency by market cap. These figures are the highest since July 29, when ETH ETFs saw a net outflow of $98 million, according […]
The world’s largest asset manager, BlackRock, has submitted an amendment for its Bitcoin exchange-traded fund (ETF) in response to concerns over Coinbase’s on-chain settlement procedures. On September 16, BlackRock filed an amendment with the United States Securities and Exchange Commission (SEC), specifying that Bitcoin withdrawals from the ETF’s custodian, Coinbase, must be processed within 12 […]
Chinese Bitcoin miners continue to dominate the global Bitcoin network, despite the country’s strict ban on cryptocurrencies. According to Ki Young Ju, founder and CEO of CryptoQuant, over 55% of the global Bitcoin mining network remains under the control of Chinese mining pools. However, there’s a gradual shift in dominance towards the United States. In […]