ETFs

ETFs

Markets

A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor

NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.

Bitcoin price chart on a screen (Behnam Norouzi/Unsplash)

Markets

Bitcoin ETF outflows reach record 9-day streak as investors pull $2.8 billion

The longest run of withdrawals since U.S. spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.

CoinDesk

CoinDesk News

Calamos bets protected Bitcoin ETFs can outlast crypto market swings

As more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside protection.

calamos

Finance

VanEck launches first U.S. spot BNB ETF on Nasdaq

The ETF offers investors BNB exposure through traditional brokerage accounts without requiring them to directly buy or store the token.

Stock trading chart next to watchlist (Tötös Ádám/Unsplash)

Markets

BlackRock's bitcoin ETF sheds $528 million, the second-largest daily outflow on record

IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.

ETFs (Markus Winkler/Pixabay, modified by CoinDesk)

Markets

Whale alert: Someone dumped $1.29 billion of BlackRock's bitcoin ETF in a dark pool trade

The big sale happened amid a broader continued exodus from U.S.-listed spot bitcoin ETFs.

Whale diving (foco44/Pixabay)

CoinDesk Indices

Crypto for Advisors: Crypto Products

Advisors need to assess ETP custody, sponsor profiles, and fees. Read expert advice on bitcoin-backed loans, including margin call risks and when to sell vs. borrow.

Notebook and glasses

Markets

Why Trump's bitcoin ETF plans likely collapsed before getting off the ground

Trump Media withdrew its bitcoin ETF filing as analysts pointed to fee pressure, weak demand and fierce competition in the crowded spot bitcoin ETF market.

(Kevin Dietsch/Getty Images)

Markets

South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

A Seoul-based funeral services firm disclosed tens of millions of dollars in unrealized losses tied to leveraged ether ETF investments.

Funeral coffin (Rhodi Lopez/Unsplash)

Markets

XRP and Solana funds attract inflows as bitcoin outflows hit nearly $1 billion

CoinShares data shows investors are rotating into listed products based on XRP and SOL while bitcoin and ethereum products posted heavy weekly outflows.

U.S. sport XRP ETFs have recorded only inflows since their launch.