Bitcoin ETFs Post Their Best Day in Nearly a Month as BlackRock Does All the Buying
U.S. spot Bitcoin ETFs took in $526.7 million on Monday, their biggest day since Sept. 22. BlackRock's IBIT supplied all of it while Fidelity and Grayscale funds bled.
Read Full Article on DecryptSummary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitcoin ETFs attract $1.08 billion in 3 days but it may not be enough for a steep rally
Past steep rallies ran on about $235 million a day of net inflows into ETFs. The funds are yet to match that pace, according to data analyzed by CoinDesk.
Meta Found a Way to Raise Money Without Handing Out More Votes
Meta Platforms will give shareholders one non-voting Class C share for every share they own. The new class gives Meta stock it can sell to raise money without diluting voting power. The plan arrived with third-quarter results showing free cash flow of…
XRP Ledger bug fix moved to November after validator support dipped for two hours
The fix lost its two-week countdown less than two days from the finish after support slipped to 26 of 35 validators. It’s now back at 31.