Funds are buying crypto stocks. Are they exposed to less risk — or more?

Cathie Wood’s ARK Invest bought roughly $77 million of crypto stocks in June, adding $44 million of Coinbase (COIN), $25.25 million of Circle (CRCL), and $8.2 million of Bullish (BLSH) during Bitcoin’s worst month in four years, according to ARK’s daily trade disclosures. The purchases extend a thesis both Wood and other funds have held […]

Total Stablecoin Cap Falls $1.9 Billion This Week While Sky Dollar Leads the Slide

Tether lost $791 million this week, a single-token drop that accounted for 41% of the $1.9 billion pulled from the entire stablecoin market. Most of its top competitors also finished lower, with USDC shedding 1.05% and Sky Dollar plunging 2.36%. The total stablecoin market cap sits at $311.311 billion, down 0.61% over the past seven […]

Glassnode Says Bitcoin Accumulation Is Building Under The Surface

Bitcoin’s chart has looked heavy, but the on-chain picture is not quite as one-sided as the price action suggests. Glassnode’s latest Week Onchain report points to a market where pain is obvious, but where accumulation is also starting to show up underneath the surface. That is a very Bitcoin kind of setup: sentiment weak enough […]

CoinMetrics Unveils Essential ETF Metrics — Here’s Why It Matters

CoinMetrics has announced the launch of its ETF On-Chain Insights, aimed at improving transparency and understanding of ETF activities within the cryptocurrency space. This initiative comes as institutional adoption of Bitcoin accelerates, signaling a shift toward more comprehensive market analytics. The official announcement can be found here. The Story So Far The introduction of ETF […]