Jump Trading’s Ether dump: Smart move or sign of trouble?
    06 Aug 2024
    136 Views

    Jump Trading’s recent transfer of hundreds of millions of dollars worth of Ether has stirred debates and market speculations. This aggressive unloading of assets preceded a historic stock market crash in Japan on Aug. 5, where the Nikkei 225 index plummeted 12.4%, losing 4,451 points — its largest-ever drop in point terms. Jump Trading moved around $315 million…

    Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
    06 Aug 2024
    120 Views

    According to public disclosures filed on Aug. 5, Capula Management, Europe’s fourth-largest hedge fund, invested nearly $500 million in Bitcoin exchange-traded funds. The hedge fund, which is based in the United Kingdom and manages upward of $30 billion in investor assets, holds shares in Fidelity Wise Origin Bitcoin Fund (FBTC) and BlackRock’s iShares Bitcoin Trust (IBIT). According…

    US Bitcoin, Ethereum ETFs hit $6B volume amid market rout
    06 Aug 2024
    148 Views

    The United States Bitcoin and Ether ETFs recorded nearly $6 billion in trading volume amid market turmoil on Aug. 5. According to data from CoinGlass, spot Bitcoin ETFs registered a total daily volume of $5.24 billion on the day, with more than half coming from BlackRock’s iShares Bitcoin Trust (IBIT). Spot Ether ETFs recorded $715.3 million in trading…