Large holders are reportedly swapping BTC into spot ETF shares without selling, making it easier to borrow against or include in estate plans.
Why Some Bitcoin Whales Are Converting Their BTC Into Spot ETF Shares: Bloomberg
Large holders are reportedly swapping BTC into spot ETF shares without selling, making it easier to borrow against or include in estate plans.
Shares:
Five cryptos in the CoinDesk 20 posted losses greater than 5% over the past week, led by ICP' 19% decline.
Indian crypto investors have been buyers of bitcoin and other layer 1 tokens, maintaining a well-diversified portfolio, CoinDCX told CoinDesk.
The mood across Solana’s trenches has shifted from fair-launch ideals to raw volatility chasing, with a new entrant testing whether perpetual motion can keep traders hooked.
The $100 million transfer follows the exchange's Jan. 30 announcement that it would shift the SAFU fund toward bitcoin over a 30-day period.