Bitcoin’s first institutional bear market is starting to take shape and draining liquidity
An investor sells shares, an authorized participant returns a large block to the trust, and the fund either pays cash or transfers BTC
Bloomberg analyst Eric Balchunas tied the run to the Coldcard wallet exploit, noting several Bitcoin funds have drawn inflows daily since the hack
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An investor sells shares, an authorized participant returns a large block to the trust, and the fund either pays cash or transfers BTC
US spot Bitcoin ETFs post best week since April with $1B inflows
The post GSR report reveals DAOs hold 70% of treasury in native tokens, creating dangerous feedback loops appeared first on Crypto Briefing
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