BlackRock’s Bitcoin ETF barely beat the S&P 500 after putting investors through a 53% crash
CryptoSlate1h agoUpdated 1h ago
Smart Read
IBIT’s 1.60-point lead masked a maximum decline nearly three times as deep as the S&P 500 fund’s. The post BlackRock’s Bitcoin ETF barely beat the S&P 500 after putting investors through a 53% crash appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories
Decrypt
Japan’s Remixpoint Dumps Ethereum, XRP in Shift to Bitcoin-Only Treasury
The Japanese company booked a ¥117.8 million profit after selling its ETH, SOL, XRP and DOGE, leaving roughly 1,506 BTC as its only cryptocurrency holding.
Decrypt
'The Right Trade': Strategy CEO Has No Regrets Selling Bitcoin at $60K Before Buying Back Higher
Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000.
Decrypt
Is Bitcoin About to Flash Crash? What a 'Bart Simpson' Pattern Would Actually Take
Bitcoin traders are calling August's spike-and-fade a Bart Simpson hairline. Here's what separates an actual flash crash from an ordinary correction.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.