Market News / Story
Bitcoin Returns to ETF Holders’ Breakeven Price, and $729 Million Heads for the Exit
Beincrypto ·
Beincrypto reports: US spot Bitcoin exchange-traded fund (ETF) investors pulled $729 million over two sessions this week. The selling hit just as BTC returned to the funds’ estimated average entry price, suggesting holders are treating breakeven as an exit door. The headline figure hides a sharp split, however. BlackRock’s iShares Bitcoin Trust remains a net buyer in October, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) alone has lost more than the entire market. Why Are Bitcoin ETF…
Related stories
China And The EU Have Come To An Agreement To Better Handle Trade DisputesRead story summary
China And The Eu Have Come To An Agreement To Better Handle Trade Disputes. China And The Eu Have Agreed On Hybrid Vehicle Trade Following Extensive Talks, In Line With Wto Rules. Discussions Will Continue On Price Terms And The Eu's Anti-subsidy Inquiry Into Chinese Electric Cars. China commerce ministry to keep exploring scope to cut tariffs on some goods under WTO rules
VIEW SOURCE
Trump bought up to $25 million in Meta and millions in SpaceX debt in AugustRead story summary
President Donald Trump disclosed more than 500 securities transactions in August, including a purchase of up to $25 million in Meta stock and an investment of as much as $5 million in SpaceX debt two days before he signed a sweeping policy aimed at expanding U.S. commercial space transportation, according to a newly released financial disclosure. The 517 ...
VIEW SOURCE
French bonds are suffering through its worst decade since 1803 - and investors are bracing for more painRead story summary
France's massive budget deficit pushed borrowing costs up to multidecade highs - and it turns out the moves were even more historic than that. The French budget deficit is set to reach 5.4% of gross domestic product this year, significantly higher than any other member of the European Union and above the bloc's 3% limit. The country has not managed to run a ...
VIEW SOURCE