Strategy’s STRC preferred stock rose 1.1% to $95.09, nearing its $100 par value, as Bitcoin stabilized above $60,000 and Michael Saylor emphasized protecting its 12%
Tag: Fidelity
Crypto Industry Faces Major Shifts as Legislation, Market Moves, and Security Issues Dominate Week’s News
This week saw the Digital Asset Market Clarity Act delayed, Strategy selling bitcoin, Wall Street expanding crypto involvement, a Bitcoin fork, a major hardware-wallet security
Bitcoin and Ethereum ETFs Turn Red Amid Mixed Net Flows
Bitcoin and Ethereum exchange-traded funds (ETFs) faced net outflows in recent trading days, with Bitcoin ETFs recording significantly larger withdrawals than their Ethereum counterparts. Bitcoin
Bitcoin Elite Wallets Reach Six-Month High
Bitcoin’s elite wallets have rebounded to levels not seen in six months with 90 wallets now holding at least 10,000 BTC, according to analytics firm
Morgan Stanley Increases Crypto Fund Holdings, Including BlackRock’s Bitcoin ETF
US investment banking giant Morgan Stanley has reported a rise in crypto fund positions in the second quarter, with notable increases in holdings of BlackRock’s
Fidelity Eyes Staking in Upcoming Ethereum ETF
The entity behind Fidelity’s fourth-largest Ethereum ETF by assets under management (AUM) plans to introduce staking capabilities and quarterly cash distributions for its proposed ETH-backed
Fidelity Investments plans to add staking to its Fidelity Ethereum Fund (FETH), in response to competition from other US issuers offering staking.
Fidelity Investments plans to add staking to it’s Spot Ethereum ETF (Fidelity Ethereum Fund – FETH) as part of their response to growing concerns surrounding
Fidelity Ethereum Fund Plans to Add Staking and Quarterly Cash Payouts
Fidelity is planning to add staking and quarterly cash payouts to its $898 million Fidelity Ethereum Fund (FETH), one of the largest spot ether ETFs
BlackRock’s Robert Mitchnick Sees Shift in Bitcoin Sentiment
Robert Mitchnick, BlackRock’s Head of Digital Assets, has noted a notable change in investor sentiment towards bitcoin over the past month. He highlighted that Bitcoin
Record Inflows into Spot Crypto ETFs Driven by Coldcard Hack
Significant investment pushed Bitcoin and Ether funds to their strongest weekly performance since April. — U.S. spot Bitcoin and ether exchange-traded funds experienced a surge
