ProShares’s Bitcoin ETF Weekly Flow Reaches a Yearly High
Over the past week, the ProShares Bitcoin Strategy (BITO) fund has seen cumulative inflows of $65.3 million – its highest value since the beginning of the year.
Valkyrie Files Application to Launch a Spot Bitcoin ETF
Valkyrie Funds yesterday submitted a filing to the US Securities and Exchange Commission (SEC) for its Valkyrie Bitcoin Fund ETF.
The Trading Volume of Grayscale’s Bitcoin Trust Increases 4-fold
Grayscale Investments’ GBTC has seen a remarkable 400% increase in trading volume, jumping from $16.1 million to $80 million.
Number of Subscribers to Bitcoin and Ethereum Subreddits Hits a New Record
The subscriber base of the premier Reddit crypto communities – r/Bitcoin and r/Ethereum – has surged to a record of 7 million users.
BTC Miners Sent $70M to Crypto Exchanges in a Week: Report
Data from Glassnode analysts shows that between June 5 and 11, BTC worth approximately $70.8 million moved from miners to exchanges.
Ordinals Developers Launch Recursive Inscriptions
The Ordinals protocol based on the Bitcoin blockchain has introduced “recursive labels” to solve the problem of the 4 MB block space limitation of digital artifacts.
10,500 BTC Leave Binance Balances Following SEC Lawsuit
Following the announcement of the SEC charges against Binance, the exchange has seen a decrease of 10,500 bitcoins in its bitcoin balance.
