Bitcoin plunged to $81,900 on Friday, wiping out Thursday’s bounce and further extending a month-long selloff that has erased more than $1.4 trillion from the cryptocurrency markets. Bitcoin is trading more than 30% below its October all-time high, and the overall crypto market is under $3 trillion. And analysts warn that the carnage may get worse. Citrini Research warned in a note to investors shared with DL News that risk-off sentiment will continue to hit speculative assets such as crypto into mid-De ...

Many investors consider Bitcoin a store of value because its fixed supply of 21 million tokens arguably makes it a good hedge against inflation. Regardless, any asset that exists in limited quantity will become more valuable as demand increases, and there is good reason to think demand for Bitcoin will increase in the future.Finally, the SEC earlier this year rescinded Staff Accounting Bulletin (SAB) 121, a regulation imposed under the Biden administration that forced financial institutions to treat custodi ...

There simply doesn't seem to be an end to the ongoing crypto market crash. Within the last 24 hours, more than 170,000 crypto traders have been liquidated and over $550 million has been wiped out from the market. It doesn't matter whether it's an institutional giant or a retail trader, nearly everyone is liquidating their positions even in the face of staggering losses. Related: BlackRock plans to tokenize ETFs following its blockbuster Bitcoin ETF The total crypto market cap slipped 5% in a day to $3.0 ...

LATEST: 📊 BlackRock's iShares Bitcoin Trust saw its largest daily net outflow since its January 2024 debut on Tuesday as $523 million left the ETF, surpassing the previous record of $463 million on Nov. 14. https://t.co/oPpK1jhLcv ...

Investors pulled roughly $523 million from BlackRock's flagship iShares Bitcoin Trust on Tuesday, according to data from Farside Investors, marking the fund's largest single-day withdrawal since its l... ...

Investors pulled more than half a billion dollars from BlackRock's iShares Bitcoin Trust, the largest single-day outflow since the fund’s debut https://t.co/rWaU8jQGDn ...

Group 1 - Bitcoin prices and stocks are experiencing a decline, with Bitcoin trading near a seven-month low at approximately $91,200 [1] - BlackRock's iShares Bitcoin Trust has seen significant outflows, leading the major crypto ETFs in the past month [1] - Michael Saylor's Strategy (MSTR) continues to accumulate Bitcoin, while Cathie Wood and Ark Invest have increased their holdings in Bullish [1] Group 2 - The stock price of Strategy is declining, making it a candidate for bearish trades, particularly through bear call spreads [4] - CleanSpark is expanding into AI, which may provide an advantage in the Bitcoin mining sector [4] - Coinbase Global has shown improving market leadership, earning an 84 RS rating [4]

Core Insights - The VanEck Bitcoin Trust is experiencing positive investor inflows, contrasting with the majority of Bitcoin ETFs that are seeing withdrawals [2][3] - The fund has increased its assets under management (AUM) by 37% in 2025, nearly matching the sector leader iShares Bitcoin Trust's 49% increase [3] - The VanEck fund is noted for its low expense ratio and effective management, making it a strong choice for Bitcoin ETF investments [9][10] Group 1: Fund Performance - Out of 11 Bitcoin ETFs approved on January 11, 2024, nine have at least $600 million in AUM, with the VanEck Bitcoin Trust being a standout with positive inflows [1][2] - The VanEck Bitcoin Trust has a current AUM of $1.9 billion and a daily trading volume of 1.4 million shares, indicating strong market liquidity [6] - The fund's price as of November 10, 2025, is $29.06, with a 52-week range of $21.41 to $35.76 [4] Group 2: Investor Trust Factors - VanEck's long experience in crypto fund management and its unique MarketVector Bitcoin Benchmark Rate contribute to investor confidence [8] - The fund utilizes two custodian services, Gemini and Coinbase, enhancing its credibility in the market [8] - The VanEck fund offers a competitive expense ratio of 0.20% and a no-fee grace period until January 10, 2026, which is appealing to investors [8] Group 3: Market Context - The overall Bitcoin ETF market is experiencing outflows, with eight of the 11 classic Bitcoin ETFs seeing asset withdrawals [2] - The VanEck Bitcoin Trust is the only fund among its peers to show a net inflow of 0.2% over the last month [2] - The fund's management has demonstrated responsiveness to market conditions, such as executing a 4-for-1 share split to maintain affordability [8]

Core Insights - BlackRock, Inc. is planning to launch iShares bitcoin exchange-traded funds (ETFs) in Australia to enhance its global digital asset presence, with a target debut on the Australian Securities Exchange (ASX) by mid-November [1][7] - The new ETF will charge a management fee of 0.39% and will invest in the U.S.-listed iShares Bitcoin Trust, providing Australian investors with regulated access to Bitcoin without the need for direct management [2][7] - This initiative is driven by increasing demand for Bitcoin ETFs in Australia, which is becoming one of the fastest-growing markets outside the U.S., following updated regulatory guidance from the Australian Securities and Investments Commission [3][4] Regulatory Environment - The Australian Securities and Investments Commission has classified most digital assets as financial products, requiring providers to obtain an Australian Financial Services Licence by June 2026, enhancing investor protection and market transparency [3][4] - Although Bitcoin itself is not classified as a financial product, platforms and funds offering exposure to it will be regulated under this new framework [4] Market Competition - BlackRock's entry into the Australian Bitcoin ETF market is expected to increase competition and liquidity, joining existing players such as Global X 21Shares Bitcoin ETF, VanEck Bitcoin ETF, Monochrome Bitcoin ETF, and DigitalX Bitcoin ETF [4] Strategic Goals - The initiative aims to democratize investment opportunities for both retail and institutional investors in Australia, aligning with BlackRock's strategy to grow assets under management and revenues [5] - Recently, BlackRock launched an iShares Bitcoin exchange-traded product (ETP) on the London Stock Exchange, further expanding its offerings in the cryptocurrency space [5] Performance Metrics - Year-to-date, BlackRock's shares have increased by 3.4%, contrasting with a 10.6% decline in the industry [6]

Core Insights - BlackRock is set to launch the iShares Bitcoin ETF on the Australian Securities Exchange (ASX) by mid-November 2025, marking its expansion into the growing Bitcoin ETF market outside the U.S. [1][3] - The new ETF will charge a management fee of 0.39% and will provide Australian investors with regulated exposure to Bitcoin through the U.S.-listed iShares Bitcoin Trust [2] - BlackRock's entry into the Australian market intensifies competition among existing local issuers, including Global X 21Shares, VanEck, Monochrome, and DigitalX [3][4] Market Context - The Australian Bitcoin ETF market is experiencing strong performance, with Bitcoin prices surpassing $100,000, and local ETFs managing between A$150 million and A$300 million in assets [4][5] - The Australian Securities and Investments Commission (ASIC) is updating its regulatory framework for digital assets, which aligns with BlackRock's entry into the market [7] - BlackRock's recent expansion into the UK with its iShares Bitcoin ETP on the London Stock Exchange further demonstrates its commitment to the cryptocurrency market [5][6]