Funds, treasuries, big money · 16 recent stories
Ava Labs says its deal with the NYSE cost it nothing and has improved its credibility with institutions. The company frames the arrangement as part of a broader move towards specialised blockchain networks. The article does not give deal terms or details of any future collaborations.
JPMorgan's third-quarter 13F filing shows it raised its Strategy (MSTR) stake by 36% to 848,932 shares, worth $131.3 million, up from $57.9 million in June. It holds 11,408,930 iShares Bitcoin Trust (IBIT) shares from BlackRock, worth $540 million, but cut its iShares Ethereum Trust (ETHA) holding to 399 shares from about 1.17 million.
US spot XRP ETFs lost $19.13 million in the week ending 13 November, their largest weekly outflow in eight months and their second straight week of withdrawals. XRP fell 14.88% over the week to around $0.9947, and total ETF net assets dropped 14% to $1.15 billion, with price declines accounting for most of that fall.
XRP exchange-traded funds have marked one year since launch, having accumulated about 1.16 billion XRP over that period. The report presents this as strong progress, but gives no further detail on flows, assets or price impact.
Dogecoin ETFs recorded zero trading activity over the past month, according to U.Today. The lack of volume comes as Dogecoin's price continues to trend downward.
Bitcoin's fall below $67,000 has deepened Strategy's shortfall against its purchase cost, which now stands at $7.7 billion. The article notes that the $67,000 level does not in itself trigger a margin call.
US spot Bitcoin ETFs recorded $185.4 million in net outflows on Friday, led by BlackRock's IBIT with $143.5 million and Fidelity's FBTC with $41.9 million. The article reports roughly $2.35 billion in outflows over two weeks, and says BlackRock's losing streak has reached 11.
XRP was down 0.8% at $1.01, with trading volume up 26% to $2.46 billion according to CoinMarketCap. Exchange balances show more than 300 million XRP moved onto exchanges, which the article links to rising sell pressure and weaker ETF demand. The article is cut off, so further detail is not available.
Strategy, the world's largest corporate Bitcoin holder, has weighed in on the quantum computing threat to the network. It stressed that Bitcoin can adopt quantum-resistant security upgrades when necessary.
The Defiant explains how to interpret net flows into US spot bitcoin ETFs. Net flows are defined as additions to funds minus withdrawals, and the piece notes they do not capture all share trading or changes in the value of the underlying asset.
Japanese conglomerate Rakuten Group's latest 13F filing shows it holds Bitwise's XRP ETF as part of a $6.42 million portfolio of US crypto ETFs. The disclosure adds to the list of institutional investors in XRP-linked exchange-traded funds.
Jane Street's end-of-Q3 position in the Fidelity Bitcoin ETF rose nearly eightfold, while its IBIT holding fell 19% in shares. The IBIT stake was still valued at $957 million, helped by a higher share price.
Strategy shares fell about 5% on Thursday after MSCI removed the company from its indexes. Bitcoin also declined amid a broader crypto market sell-off.
DTCC, which the article says holds $114 trillion in assets, will bring digital twins of US stocks and ETFs to Solana in 2027. The move links a major Wall Street clearing house with a public blockchain.
Spot Bitcoin ETFs have seen outflows of about $1.4 billion over five days as investors cut risk. Their total assets have fallen to almost half of their peak. Analysts say the outflows do not yet indicate a collapse in demand.
Fidelity's Timmer has asked whether the AI trade is over, which the article suggests could prompt a rotation of capital into Bitcoin. The piece is brief and gives no price data, forecasts or further detail.