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Bitcoin ETFs Shed $243M as Crypto Market Rally Cools
Yahoo Finance· 2026-01-07 13:54
Bitcoin’s aggressive uptrend at the start of 2026 has slowed, triggering a liquidation spree and net outflows of $243 million from U.S. spot Bitcoin exchange-traded funds on Tuesday. The flows were mixed, with BlackRock’s IBIT seeing $228 million in inflows, offset by outflows from several major issuers, according to SoSoValue. Fidelity's FBTC led redemptions at -$312 million, followed by Grayscale’s GBTC (-$83 million), and smaller outflows from VanEck and Ark Invest/21Shares. The figures come as Bitco ...
Huobi Founder Eyes $1,000,000,000 Ethereum Treasury Firm
Yahoo Finance· 2025-10-18 14:06
New reports have hinted at the establishment of a $1 billion Ethereum (ETH) treasury, marking the entry of another firm into the corporate accumulation trend. The founder of the Huobi exchange, Li Lin, who doubles as the chairman of Avenir Capital, is making this move in collaboration with some top investors in Asia. Huobi Founder Partners With Top Investors Bloomberg reported that Lin is mulling the launch of a $1 billion ETH treasury. Should it pull through, this initiative would be one of the largest ...