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WorldPingCryptoSlate
Fidelity surge brings in $310M BTC saving Bitcoin ETFs from a disastrous week
Friday broadened demand, yet the two-day rebound left the midweek withdrawal gap partly open.
Brief by WorldPing · Original reporting by CryptoSlate
Cointelegraph
REX launches 2x leveraged ETF tied to Bitcoin treasury firm Strive
WorldPingThe new ASSX fund offers 2x daily exposure to Strive shares, giving traders a leveraged way to bet on the Bitcoin treasury company.
This is a short WorldPing brief. The full report was published by Cointelegraph.
Read the full report at CointelegraphMore coverage: all crypto & markets news on WorldPing.
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WorldPingBitcoin.com
Fidelity Drives $433M Bitcoin ETF Surge as Bitcoin’s Price Tops $80K
U.S. crypto ETFs closed the week with a broad surge in demand, led by $433.03 million flowing into bitcoin funds. Ether, solana, Zcash and HYPE products also attracted fresh capital, while XRP ETFs posted a marginal outflow.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingThe Block
Bitcoin ETFs eke out positive week with $433 million Friday inflow as ether funds snap four-week inflow streak
Fidelity's FBTC accounted for $310.7 million of Friday’s overall $433 million net inflow, a notable sum that helped offset earlier withdrawals.
Brief by WorldPing · Original reporting by The Block
WorldPingBitcoin.com
Bitcoin Price Nears 4 Million Lira as Turkey’s Currency Hits the Floor
Turkey’s lira has fallen to a fresh record low near 48.8 per dollar, while bitcoin’s price now costs roughly 3.95 million lira. Five years ago, a dollar bought about 8.3 to 8.9 lira. Today it buys nearly six times as many.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingDecrypt
Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations
A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.
Brief by WorldPing · Original reporting by Decrypt
WorldPingBitcoin.com
Bitcoin Traders Pile Into Calls as $100B Derivatives Bet Builds
Bitcoin derivatives traders are carrying more than $56 billion in futures exposure and roughly $42 billion in options open interest, while bitcoin sits near $81,273. The stranger part is where the options money is leaning.
Brief by WorldPing · Original reporting by Bitcoin.com