10 Sep 2024
Bitcoin ETFs mark first positive inflow in 2 weeks though BlackRock sees 3rd outflow
Quick Take Farside data indicates that Bitcoin ETFs have seen a shift, with a $28.6 million inflow marking the first positive inflow since Aug. 26, following eight consecutive trading days of outflows. However, not all issuers experienced inflows. BlackRock’s IBIT reported a $9.1 million outflow. Read more
Jim Bianco says Bitcoin ETFs have failed to attract TradFi or ‘boomer’ investors
Quick Take Jim Bianco, a macro expert, recently shared his views on why Bitcoin ETFs have failed to drive adoption among TradFi investors, or “boomers.” He highlighted several factors explaining this shortfall while highlighting the shift from inflows to outflows and record losses for ETF holders. Read more
Bitcoin ETFs Post $28.7M Inflows After Record Losing Streak
BTC ETF inflows are back in the green, despite BTC's price slipping. Read more
Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play
Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken. Read more
North Carolina Senate overrides governor veto, passes bill banning CBDC
A North Carolina Senate veto-busting vote saw 12 Democratic Party senators who initially voted for the bill to ban a CBDC switch to backing Governor Roy Cooper’s veto. Read more
Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.” Read more
Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown. Read more
Plume debuts tokenized ‘Mineral Vault’ amid hunger for RWA yield, CEO says
According to Chris Yin, investor demand for RWAs is moving “upstream” from tokenized treasury bills to private alternative assets. Read more
Bitcoin (BTC) Price Jumps Above $57K, Dogecoin (DOGE) Rises 6% Daily (Market Watch)
FET, KAS, STX, and PEPE have charted impressive gains as well. Read more
Bitcoin’s Recent Higher Low Signals Possible Trend Shift, Analysts Cautiously Optimistic
Bitcoin markets could be on the path to recovery following its first higher low in six months, say analysts. Read more
Spot Bitcoin ETFs Ended Longest Negative Outflow Streak as BTC Soared to $58K
Monday was the first day in two weeks that the ETFs saw positive numbers coming in. Read more
Bitcoin ETFs Are ‘A Small Tourist Tool,’ Not TradiFi Adoption Vehicle: Bianco Research CEO
Bianco believes that Bitcoin ETFs need more time before the they live of to their expection and drive TradFi adoption. Read more
Tether Ventures into Agriculture with $100M Investment in South America’s Adecoagro
By acquiring a stake in Adecoagro, Tether is signaling a strategic shift from its tech-focused investments. Read more
Michael Saylor Predicts Bitcoin Will Reach $13 Million Per Coin
The MicroStrategy chairman thinks Bitcoin will have long-term annual returns 8% higher than the S&P500. Read more
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