Stacey George covers NFT launches, creator ecosystems, digital culture, and emerging Web3 trends for NFTenex.
Graham Capital, a roughly $20 billion asset manager, cut its Bitcoin ETF position by 75% during the second quarter and now holds about $9 million in BlackRock's iShares Bitcoin Trust (IBIT), according to its latest SEC disclosure.
The end of trading is the first concrete step in closing the fund. Once a fund halts trading, shares no longer change hands on the open market, freezing normal price discovery for holders.
Swiss banking giant UBS has sharply increased its Bitcoin-linked exposure, reporting a roughly 24-fold jump in call options tied to a Bitcoin exchange-traded fund. The position, disclosed through a regulatory filing, reflects derivatives exposure rather than direct ownership of the cryptocurrency itself.
A $116 million cold-wallet breach has pushed bitcoin self-custody back into the boardroom, forcing crypto businesses and treasury operators to reexamine who really controls their coins and how much a custody mistake can cost.
The move was flagged by crypto news account @WuBlockchain, which reported that Cboe is pursuing the 3x funds for both major tokens. Both Bitcoin and Ethereum are named in the push, signaling a broad leveraged product effort rather than a single-asset test.
JPMorgan increased its reported exposure to spot Bitcoin and Ether exchange-traded funds in its latest quarterly securities filing, offering a fresh, document-led read on the bank's crypto ETF positions for the second quarter.
The reaction reflects a familiar dynamic in crypto markets: when traders have already positioned for a bullish outcome, an inflation reading that merely meets expectations can disappoint. A catalyst only moves price when it surprises, and this one did not clear that bar.
Roughly 28. 83% of staked SOL went delinquent, pushing the Solana network toward a finality-halt threshold and raising fresh questions about validator uptime and transaction reliability.
Magic Eden is redirecting its focus away from Bitcoin and Ethereum NFT activity and toward iGaming, a strategic shift the marketplace is making as NFT trading volume weakens across its legacy chains.
Binance said it would launch an NFT marketplace with low fees, positioning the venue around a nominal 1% processing fee as it courts creators, collectors, and traders looking for cheaper access to the NFT market.
Magic Eden is reported to be repositioning away from its Bitcoin and Ethereum NFT trading focus and toward iGaming, a shift framed against declining NFT trading volume across the marketplace sector.
Trump Media's bitcoin stash is drawing fresh scrutiny after a roughly $165 million BTC move raised the possibility that part of the company's reserve is now serving as loan collateral rather than sitting untouched on the balance sheet.