US spot Bitcoin ETFs (exchange-traded funds) posted their largest 30-day net outflow on record. These Bitcoin ETF outflows reached $6.35 billion as institutional investors cut exposure, according to Galaxy Research.
10% difficulty cut and 145 EH/s drop flag miner stress as hashprice hit $28/PH/s before rebounding. See how a 20% unprofitable hashrate can cap Bitcoin bounces.
Franklin Templeton filed two Bitcoin DRIP ETFs that reinvest stock dividends into Bitcoin. How the structure works, why it is novel, and what it means.