BlackRock’s iShares Bitcoin Trust (IBIT) has broken its 20-day inflow streak, recording no new investor inflows on May 13.
This marks the fund’s first zero-flow day since April 14 and comes amid a broader pullback from spot Bitcoin ETFs.
On May 13, the twelve spot Bitcoin ETFs saw cumulative outflows of $96.14 million on the day. Fidelity’s FBTC led the day’s negative flow with a $91 million...
A little-known tech company with ties to China is pledging up to $300 million to purchase Bitcoin and the Trump-themed memecoin TRUMP, according to a May 11 filing with the US Securities and Exchange Commission.
The move immediately raised alarms over potential conflicts of interest and regulatory gaps, as it could enrich the Trump family. At the same time, the president is considering whether to...
