Why is Ethereum losing market share to Bitcoin?
Ethereum’s underperformance against Bitcoin is largely due to competition from Solana and the weaker-than-anticipated debut of its spot ETFs. Go to Source
Bitcoin ETF
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Bitcoin’s impending ‘death cross’ might not be ‘so deadly’ for BTC bulls — Analyst
Bitcoin appears on the verge of confirming a death cross, but one analyst says historical data suggests it’s nothing to worry about. Go to Source
Morgan Stanley advisers can officially pitch Bitcoin ETFs
For now, the advisory platform is only recommending ETFs from BlackRock and Fidelity. Go to Source
ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M in Coinbase
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF. Go to Source
Galaxy Digital stock pullback a buying opportunity — Analyst
Shares are a bargain after second-quarter earnings sent the stock down roughly 16%, says Benchmark analyst Mark Palmer. Go to Source
Cathie Wood’s Ark sells $2.7M Coinbase shares as BTC fails $70K retest
Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July. Go to Source
Grayscale’s GBTC ‘spin-off’ Bitcoin Mini Trust goes live on NYSE Arca
After launching its spot Bitcoin ETF in January 2024, Grayscale now diversifies its offering with a “spin-off” spot Bitcoin ETP. Go to Source
Grayscale sheds $20B from Bitcoin and Ether ETFs
Grayscale’s BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance. Go to Source
Blackrock Warns of Rising Crypto Investment Scams
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted a spike in scams directing users to crypto investment-related websites or platforms like Whatsapp … Read more
Coinbase provides custody for DigitalX’s new Australian Bitcoin ETF
The US crypto exchange Coinbase is providing Bitcoin custody services to Australia’s DigitalX, the issuer of the second spot BTC ETF in the country. Go to Source