Top Asset Managers Hold Bitcoin Despite Market Crash; Confidence in Crypto Remains Strong
Despite the August 5 crypto downturn, BlackRock, Fidelity, Grayscale, and MicroStrategy held firm, highlighting their confidence in Bitcoin.
Despite the August 5 crypto downturn, BlackRock, Fidelity, Grayscale, and MicroStrategy held firm, highlighting their confidence in Bitcoin.
Hedge funds increase Ethereum and Bitcoin ETF holdings, signaling institutional confidence despite retail panic selling.
BlackRock and JP Morgan are accused of manipulating XRP prices to increase holdings. Meanwhile, silver's price is expected to soar by 2025.
Ethereum's bullish trend, driven by low sell-pressure, staking, and DeFi involvement, could see its value rise to $12,000-$15,000.
Spot Ethereum ETFs saw $108M in initial inflows but faced $341.8M in outflows. BlackRock warns of rising crypto scams as interest grows.
Bitcoin ETFs see $423M net inflows, led by BlackRock, highlighting investor confidence ahead of upcoming Ethereum ETF launches.
U.S. Bitcoin ETFs record $310M net inflow on July 12, 2024, marking the highest in 25 days. BlackRock and Fidelity lead the surge.
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