Grayscale’s Hyperliquid ETF negotiating ‘seed’ investment of roughly $115 million in HYPE tokens
Earlier this month, 21Shares and Bitwise Investments became the first firms to launch HYPE-based exchange-traded funds....
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Sequans (SQNS) Completes Bitcoin Unwind, Exits Digital Asset Strategy After Less Than a Year
Bitcoin Magazine Sequans (SQNS) Completes Bitcoin Unwind, Exits Digital Asset Strategy After Less Than a Year Sequans Communications exited its Bitcoin treasury strategy in under a year after selling most of its holdings to retire convertible debt, leaving about 658 BTC and refocusing on its core IoT business. This post Sequans (SQNS) Completes Bitcoin Unwin...
Bitcoin Price Falls 5.5% in 5 Days to Below 73,000 as Spot ETF Outflows Accelerate
Bitcoin tumbled 5.5% to $72,600 as spot ETF outflows accelerated, with BlackRock's iShares Bitcoin Trust recording $528 million in daily redemptions Wednesday—its second-largest withdrawal since January 2024. U.S.-Iran geopolitical tensions amplified selling pressure. Despite headline outflows, iShares remains up $2 billion year-to-date with $64 billion lifetime inflows, suggesting volatility rather than structural reversal for Indian crypto investors monitoring institutional sentiment.
