Arthur Hayes Dumps $22 Million in Crypto, Warns of More Pain

Arthur Hayes has sold about $22.28 million in crypto from Maelstrom’s directional book. Hayes, the family office’s chief investment officer, confirmed the exit on X and plans to sit out the market. The post is a shift from his tone earlier this month. On October 15, Hayes urged traders to go long Bitcoin (BTC) and […]

CoinShares BTF Liquidation Sets Cash Payout And Earlier Options Expiry

TL;DR: CoinShares’ Bitcoin and Ether ETF has reached cash settlement. An OCC notice confirms the payout and brings later-dated BTF options forward to a November 20 expiry. The closing chapter for CoinShares’ Bitcoin and Ether ETF now comes with a precise cash amount and a deadline for outstanding options. The details matter because a fund […]