Bitcoin ETFs See $138M Outflow; Zcash Inflows Continue
U.S. spot Bitcoin ETFs experienced $137.94 million in net outflows Friday, reversing recent gains. Zcash (ZEC) was an outlier, extending a three-day streak of inflows.
2 min read
What matters today
News
Headlines and short briefings we actually use when reading the market — filtered for relevance, not volume.
Bitcoin, Ether ETFs See $152M in Outflows as BlackRock Leads Selling
U.S. crypto ETFs experienced $152 million in outflows on Friday, with Bitcoin funds losing $82.39 million and Ether funds shedding $69.68 million. BlackRock's iShares Bitcoin Trust (IBIT) was the largest driver of the selling.
2 min read
NEAR Protocol Price Surges 14% Following Solana Integration
NEAR Protocol's price increased 14% after the launch of Sunrise, a new integration providing access to the Solana ecosystem. The move unlocks liquidity on Jupiter and Raydium.
1 min read
Bitwise, SVRN Increase Bets on NEAR Protocol for AI Infrastructure
Bitwise launched a NEAR ETF, while SVRN aims to accumulate 10% of NEAR’s token supply, both reflecting a growing belief in blockchain’s role in supporting an AI-driven economy. Executives detailed their strategies in a recent interview.
2 min read
Bitcoin, Ether ETFs See $1.2B Outflow Amid Demand Shift
Spot Bitcoin (BTC) and Ether (ETH) ETFs collectively shed $1.2 billion in the week ending October 9, reversing recent inflows. Solana (SOL) also experienced outflows after a 14-week run of gains.
2 min read
NEAR Trader Profits $20M From Shorts on XRP, Bitcoin, Ether, SOL
A trader on Hyperliquid has amassed an estimated $20.55 million in unrealized profit by shorting XRP, Bitcoin, Ether, Solana, and other major cryptocurrencies, following a large NEAR Protocol long position.
2 min read
Bitcoin Holds $82K as BlackRock Drives ETF Inflows
Bitcoin maintained the $82,000 level Friday as spot Bitcoin ETFs saw a modest $21.13 million inflow, led by BlackRock’s IBIT. Ether funds continued to face selling pressure, while NEAR Protocol funds saw continued accumulation.
2 min read
NEAR Protocol Breaks into Crypto Top 20 Following 140% Monthly Surge
NEAR Protocol (NEAR) has risen into the top 20 cryptocurrencies by market capitalization after a significant rally. Cumulative transaction volume on NEAR Intents has exceeded $31 billion.
2 min read
THORChain vs. NEAR Debate Highlights Limits of Crypto Idealism
A contentious discussion surrounding Bitget’s $387.7 million hack centers on the core tenet of decentralization and whether protocols should intervene to mitigate losses, even with the capacity to do so.
2 min read