Search results for Fidelity Wise Origin Bitcoin Fund
Crypto
Bitcoin ETF inflows jump after Coldcard hack, link unclear
U.S. spot bitcoin exchange-traded funds have drawn about $620 million in inflows on every trading day since a hack involving Coldcard wallets, Cointelegraph reported on Aug. 6. The timing has prompted speculation that some investors may be shifting from self-custody to regulated investment products. Bloomberg senior ETF analyst Eric Balchunas said several bitcoin ETFs and a leveraged MSTR ETF logged net inflows on all trading days after the hack.
Crypto
Fidelity website sparks XRP bullish frenzy; outsiders see surge to $8
A bullish view that XRP could rise to $8 posted on Fidelity Investments\' website has drawn attention from the XRP community. The item was not Fidelity\'s own investment research but content from an external cryptocurrency news feed carried on its platform. The content cited spot XRP ETF inflows and a favourable U.S. regulatory environment as key conditions. Analysts and supporters also referenced technical analysis and on-chain data from Santiment, while noting the figures were not from Fidelity.
Crypto
Bitcoin ETP outflows dent sentiment, long-term holders boost supply
Crypto exchange-traded products (ETPs) recorded $1.23 billion of net outflows last week, but bitcoin holdings by long-term holders hit a record, a Bitwise report said. More than $1.03 billion left bitcoin investment products, led by spot bitcoin ETFs, ending a six-week inflow streak. Sentiment indicators fell back to neutral and fear. On-chain data showed 14.85 million bitcoin held in wallets for more than 155 days, or 74.3 percent of circulating supply.
