ETF

Texas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million

CryptoSlate3h agoUpdated 2h ago
Texas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million
Smart Read

The state reserve is separately tied to IBIT, while the filing names neither the owning portfolio nor a reliable dollar value. The post Texas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million appeared first on CryptoSlate.

Coins in this story

Discussion

Related stories

CoinDesk

Robot maker Unitree is going public. Hyperliquid traders see 4x upside from IPO price

Hyperliquid traders value Unitree at nearly $38 billion versus $9 billion at its IPO, leaving leveraged bets vulnerable when trading begins, Allium analysts said.

CryptoSlate

Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it

Grayscale's July 17 SEC filings said its Ethereum and Solana staking ETFs would convert staking rewards to cash and distribute them to shareholders at least quarterly, with the changes expected around Aug. 7. Solana and Ethereum are each weighing protocol changes that would reduce that income at the source. Solana…

CryptoSlate

A staked Ethereum ETF processed $48M in redemptions while keeping 86% of ETH locked, 21Shares filing shows

Its new filing flags unbonding as a potential constraint but reports no failed or delayed redemption. The post A staked Ethereum ETF processed $48M in redemptions while keeping 86% of ETH locked, 21Shares filing shows appeared first on CryptoSlate.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.