U.S. crypto ETFs remained under pressure in the week through Oct. 16, with bitcoin funds losing about $229 million and ether ETFs shedding $320 million. The pace of withdrawals eased from the previous week, yet selling spread across all major ETFs as investors continued to reduce risk.
Crypto
SkyAI holds $223.8 million in cash after selling all its SOL, with its $3 buyback running through Oct. 29.
Crypto
The purchase lifts Bitmine’s stash to 6.04 million ETH—4.9% of supply and 99% of the way to its “Alchemy of 5%” goal—as chairman Tom Lee framed a market-wide selloff as an attractive entry point.
Crypto
The launch comes as Zerohash bids for a federal trust charter.
Crypto
The cryptocurrencies may deliver substantial gains, but only under the right conditions.