Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee and take a step back from the daily price charts. Beneath the noise, some analysts believe Bitcoin’s latest downturn may be telling a very different story—one less about collapse and more about how the market itself is changing. Crypto News of the Day: Bernstein Maintains $150,000 BTC Prediction Bitcoin’s latest correction may feel familiar to crypto analyst ...

Core Insights - Bitcoin experienced a significant decline, dropping below $70,000 and trading around $65,000 on February 6, 2026, following a volatile trading session with a range from approximately $60,300 to $71,700 [1] - The selloff is linked to a broader risk-off sentiment in the markets, exacerbated by the unwinding of leveraged positions, renewed concerns over mining profitability, and inconsistent Bitcoin ETF flows [1][3] - The $70,000 level was critical as it served as a crowded positioning zone, and its failure led to a mechanically driven decline characterized by accelerated liquidations and tighter miner economics [2][3] Market Dynamics - The selloff coincided with a broader de-risking trend, with the failure of the $70,000 level triggering liquidation events and forced selling, overshadowing any specific news [3] - The Crypto Fear & Greed Index dropped to 9, indicating "Extreme Fear," the lowest level in about 42 months, while options markets showed increased demand for downside protection [4] - Futures open interest decreased towards multi-month lows, suggesting that investors were more focused on hedging than taking on risk [4] Liquidation Impact - The recent price action reflects a leverage reset, where breaking a crowded level leads to rapid margin erosion and automatic position closures, resulting in market sell-offs [6] - During the selloff, liquidations exceeded $1 billion, indicating significant market pressure [7] - Mining economics have tightened, with hashprice falling to around $0.03 per TH/day, which is likely to pressure margins and increase operational stress for higher-cost miners [7]

BlackRock's spot bitcoin (BTC) exchange-traded fund has been a massive hit since launch, pulling in billions from investors seeking exposure to the cryptocurrency without the hassle of crypto wallets or exchanges. Traders and analysts religiously track inflows into the fund to gauge how institutions are positioning in the market. Now they might have to do the same with options tied to the ETF, as activity exploded during Thursday's crash. According to one observer, the record activity stemmed from a hedg ...

As investor appetite for bitcoin has faded this year, the iShares Bitcoin Trust has posted net outflows of about $34 million through Wednesday. ...

iShares Bitcoin Trust ETF (NASDAQ:IBIT) and Fidelity Wise Origin Bitcoin Fund (NYSEMKT:FBTC) both deliver pure-play bitcoin exposure with identical expense ratios, but differ in assets under management, trading statistics, and subtle variations in historical performance and risk. Both iShares Bitcoin Trust ETF and Fidelity Wise Origin Bitcoin Fund are designed for investors seeking straightforward access to bitcoin price performance through traditional brokerage accounts, avoiding the technical and custody ...

If anyone can take on BlackRock, it might just be BlackRock itself. BlackRock has effectively cornered the market for spot bitcoin ETFs, with the iShares Bitcoin Trust ETF (IBIT) becoming one of the fastest-growing funds of all time. Now, the world’s largest asset manager is looking to build on that dominance with the iShares Bitcoin Premium Income ETF, an actively managed product designed to hold primarily bitcoin while generating additional income through call options. The premium income offering would ...

Core Insights - Bitcoin ETFs in the U.S. experienced significant inflows, totaling $697.2 million, marking the best day since early October [1] - BlackRock's iShares Bitcoin Trust led the inflows with $372.5 million, contributing more than half of the total daily inflows [1] - Fidelity Wise Origin Bitcoin Fund followed with $191.2 million in shares created on the same day [2] Market Performance - Bitcoin's price retraced to $92,080, reflecting a 2.3% drop from the previous day but still 4.4% higher than the same time last week [2] - Bitcoin ETFs now hold $122.86 billion worth of BTC, indicating a strong market presence [4] Predictions and Future Outlook - Users on the Myriad prediction market estimate a 74% chance that Bitcoin will reach $100,000 before dropping back to $69,000, showing increased confidence compared to previous months [3] - Morgan Stanley has filed for the Morgan Stanley Bitcoin Trust and Morgan Stanley Solana Trust, indicating competition in the Bitcoin ETF space [4][5]

ETF Flows - U.S spot Bitcoin ETFs experienced total net outflows of $142 million [1] - BlackRock's IBIT Bitcoin ETF saw the largest single-day net inflow among Bitcoin spot ETFs, amounting to $6 million [1] - Spot Ethereum ETFs recorded total net inflows of $8459 million [1] - Solana spot ETFs experienced net inflows of $747 million [1] - XRP spot ETFs saw net inflows of $4389 million [1]

Core Insights - The launch of spot Bitcoin ETFs has been highly successful, with 11 ETFs approved by the SEC, collectively managing over $110 billion in assets, primarily driven by the iShares Bitcoin ETF [1] Group 1: Bitcoin ETF Overview - Spot Bitcoin ETFs are structurally identical, all investing in spot Bitcoin without selection or weighting methodologies [2] - Investors need to focus on details such as expense ratios and trading costs to differentiate between Bitcoin ETFs [3] Group 2: Recommended Bitcoin ETFs - The Grayscale Bitcoin Mini Trust ETF is highlighted for its low fees, tight spreads, and high liquidity, making it the best option for retail traders [5][7] - The Grayscale Bitcoin Mini Trust ETF has an expense ratio of 0.15%, significantly lower than its larger counterpart, which has a 1.5% expense ratio [6][7] - The iShares Bitcoin ETF, while the largest with over $70 billion in assets, is not recommended as the first choice despite its popularity [8][9]

On December 19 (ET), spot Bitcoin ETFs recorded total net outflows of $158 million, with only Fidelity's FBTC seeing net inflows. Spot Ethereum ETFs posted total net outflows of $75.89 million, marking seven consecutive days of net outflows. Spot Solana ETFs recorded total net inflows of $3.57 million, while spot XRP ETFs saw total net inflows of $13.21 million. https://t.co/QHxqsa3V6q ...