Large – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 08 Sep 2025 12:45:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Large – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Metaplanet buys dip – secures a large Bitcoin position as the price remains below $112,000 https://earlybirdsinvest.com/metaplanet-buys-dip-secures-a-large-bitcoin-position-as-the-price-remains-below-112000/ https://earlybirdsinvest.com/metaplanet-buys-dip-secures-a-large-bitcoin-position-as-the-price-remains-below-112000/#respond Mon, 08 Sep 2025 12:45:23 +0000 https://earlybirdsinvest.com/metaplanet-buys-dip-secures-a-large-bitcoin-position-as-the-price-remains-below-112000/

Japan’s publicly-published metaplanet acquired an additional 136 Bitcoin of about $15.2 million (¥225.1 billion), bringing total holdings to 20,136 BTC, according to a filing on the Tokyo Stock Exchange on Monday.

The latest purchase, made at an average price of 111,666 (¥16.55 million) per Bitcoin, demonstrates the company’s aggressive accumulation strategy as it competes for an ambitious target of 100,000 BTC by 2026. Metaplanet invested a total of $20800 billion (304.56 bits) at the average price of Bitcoin. 1 million) per coin. Due to the company’s rapid accumulation, it positions it as the sixth largest public enterprise holder of Bitcoin worldwide.

The company dramatically expanded its Bitcoin acquisition target, which was planned to be at just 10,000 BTC and 21,000 BTC by 2025. Currently, we aim to reach 30,000 BTC by 2025 and 100,000 BTC by 2026, reflecting the increased financial trust as Bitcoin.

Metaplanet’s accumulation strategy has been successful, with the company achieving a “BTC yield” of 487% per year in 2025. This metric shows the company’s ability to measure changes in the percentage of Bitcoin holdings compared to fully diluted stocks, and to expand its Bitcoin position while managing shareholder dilutions.

The trend in adopting Bitcoin by companies accelerated dramatically in 2025, with over 200 public companies currently holding Bitcoin at the Ministry of Finance. Collectively, these companies manage over 1 million BTC, accounting for more than 4.5% of Bitcoin’s distribution supply.

Bitcoin finance companies are a major force in the market. Their continued accumulation provides a strong purchasing base for assets, and if sales pressures decrease, it can lead to significant price increases.

To support its ambitious acquisition plan, Metaplanet recently secured shareholder approval for its $884 million capital raise initiative. The company actively manages its capital structure through July and August 2025 through a combination of stock issuance and bond redemption, including multiple tranches of stock acquisition rights practice.

The emergence of Bitcoin finance companies as a major market force represents a major change in corporate finance strategies. Recent entrants include American Bitcoin Corp., which opened on Nasdaq this week, and Strategy Inc., which added 4,048 BTC worth $449.3 million to its holdings last week.

The institutional adoption of Bitcoin as a financial asset is accelerating faster than many expected. “Companies view Bitcoin as a strategic hedge against currency devaluation and financial uncertainty.

With Bitcoin prices continuing to fall below $112,000, it appears that corporate finance managers are taking advantage of the relative price stability to build positions. Competition for a limited supply of Bitcoin continues to be strengthened as Metaplanet and other companies maintain an aggressive accumulation strategy.

]]> https://earlybirdsinvest.com/metaplanet-buys-dip-secures-a-large-bitcoin-position-as-the-price-remains-below-112000/feed/ 0 57383 This week’s Crypto Asia: Kazakhstan, who has crushed large tech stocks by Metaplanet, launches Central Asia’s first BTC ETF https://earlybirdsinvest.com/this-weeks-crypto-asia-kazakhstan-who-has-crushed-large-tech-stocks-by-metaplanet-launches-central-asias-first-btc-etf/ https://earlybirdsinvest.com/this-weeks-crypto-asia-kazakhstan-who-has-crushed-large-tech-stocks-by-metaplanet-launches-central-asias-first-btc-etf/#respond Mon, 18 Aug 2025 10:47:05 +0000 https://earlybirdsinvest.com/this-weeks-crypto-asia-kazakhstan-who-has-crushed-large-tech-stocks-by-metaplanet-launches-central-asias-first-btc-etf/

It was a historic week of codes! The Altcoin season may finally come here as Bitcoin (BTC) violates $124,000 for the first time and Ethereum (ETH) is aiming for the best ever test! In the background, major changes are ongoing in Crypto Asia.

Here’s a summary of what’s been postponed

Metaplanet, a Japanese BTC finance company, has seen its stock increase by 190%, surpassing some of the largest and most liquid Japanese blue chip companies.

According to a revenue report released on August 13, 2025, (YTD) revenues have far surpassed the average profit posted by Topix Core 30, Japan’s leading index tracking industry giants such as Toyota, Sony and Mitsubishi Heavy Industries.

Investors who witnessed Metaplanet’s strategy stacked up had their shareholders increased to over 180,000 as of June 2025, up 350% since launching the BTC accumulation strategy.

As Metaplanet previously stated, it plans to purchase 1% of its total BTC supply by 2027. To achieve its goal, Metaplanet will need to purchase 210,000 BTC over the next two years.

To advance BTC’s accumulation strategy, Metaplanet announced its plan to raise $3.7 billion via equity offerings on August 1, 2025, indicating its continued commitment to equity-based financing.

Explore: 9+ Best High Risk, High Reward Cryptographs for Buying in August 2025

Crypto Asia will be boosted by Kazakhstan’s first spot BTC ETF

On August 13, 2025, Kazakhstan launched its first spot in Central Asia, BTC ETF, a major milestone in Asian crypto,

The Fonte Bitcoin Exchange Traded Fund (BETF) currently trades through Fonte Capital, an investment company based in Astana. Unlike other futures-based products, BETF is backed by BTC.

A US-regulated Crypto Company, BITGO offers storage solutions to ensure secure cold storage and in-house access.

The fund is listed on the Astana International Exchange (AIX) and is accessible to both retailers and institutional investors under the ticker BETF.

In the meantime, Fonte Capital emphasized that BETF will analyze BTC’s price performance before charging.

“BETF aims to accurately reflect the price dynamics of Bitcoin and strive to achieve this performance before fees and funding obligations,” Fonte Capital said.

Additionally, the ETF operates under the legal framework of the Astana International Financial Center (AIFC) and highlights Kazakhstan’s commitment to modernizing its investment infrastructure.

The country is also working to launch the National Cryptocurrency Reserve.

Explore: More than 10 crypto tokens that could reach 1000 times in 2025

Korean traders throw away big technology for crypto stocks

Korean investors are moving away from the major American high-tech stocks and investing in high-risk, highly-paid crypto stocks.

A local news agency reported on the issue on August 11, 2025, citing data from the Korea International Finance Centre (KCIF). The report revealed that crypto stocks, which account for 8.5% of South Korea’s top 50 net purchases in January, surged to 36.5% in June and returned to 31.5% in July.

On the other hand, large tech stocks fell sharply in July to $260 million, down 84% from the monthly average of $1.68 billion recorded between January and April.

Ether Stacking Company’s Bitmine stood out as a clear winner in the country’s growing appetite for crypto-related stocks.

A Bloomberg report issued on August 11, 2025 highlighted that Korean retail investors poured $259 million into Bitmine stocks since early July, making it the most frequent foreign security stock purchased that month.

Meanwhile, over the past 30 days, Bitmine has increased Ether Holdings by 410.68%, and currently holds 833,100 ETH, ensuring its position as the world’s largest ether stacker.

Explore: Best New Cryptocurrencies to Invest in 2025

Key takeout

  • Metaplanet’s stock performance outperforms Japan’s huge blue chip company

  • Kazakhstan has launched Central Asia’s first BTCETF with the aim of becoming a regional crypto hub

  • Korean investors have abandoned the largest American high-tech companies and park their funds in high-risk, highly-paid crypto stocks

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]]> https://earlybirdsinvest.com/this-weeks-crypto-asia-kazakhstan-who-has-crushed-large-tech-stocks-by-metaplanet-launches-central-asias-first-btc-etf/feed/ 0 53803 Atoms drop sharply amid a large amount of sales https://earlybirdsinvest.com/atoms-drop-sharply-amid-a-large-amount-of-sales/ https://earlybirdsinvest.com/atoms-drop-sharply-amid-a-large-amount-of-sales/#respond Thu, 14 Aug 2025 16:38:18 +0000 https://earlybirdsinvest.com/atoms-drop-sharply-amid-a-large-amount-of-sales/

Atom-USD had sharp volatility between August 15th and August 14th and 14th, with volume surged to 5.62M units, trading between $4.49 and $4.91, with an average of over 322%. After holding the $4.82-$4.85 range and temporarily securing $4.91, the assets faced aggressive selling from 06:00 on August 14th and potential surrender at $4.53 on a massive volume.

The buyers immediately intervened, establishing fresh support of nearly $4.60 and regaining trust in the Cosmos ecosystem. This price level has become a critical threshold as sales pressures eased and transactions stabilized.

On August 14th, in a 60-minute recovery window from 13:20 to 14:19, Atom rose from $4.60 to $4.61, peaking at $4.64 before consolidating in the $4.59-$4.62 range. This confirmed $4.60 in support base, suggesting a potential launch point for future profits.

Resilience is clear, but the $4.91 resistance remains untested. Holding $4.60 is important to maintaining bullish momentum, and breakdowns put updated downside pressure at risk.

(Atom/USD/TradingView)

Technical indicators refer to integration
  • A price range of $0.42, representing 9% volatility between a minimum of $4.91 to $4.49.
  • It has a volume spike of 562 million units, with an average of over 1.33 million units of 24 hours, exceeding 322%.
  • Resistance level established at $4.91 in the early morning hours of August 14th.
  • After collecting from the low of $4.53, it supports base formation of approximately $4.60.
  • Integration patterns between $4.59-$4.62 ranges indicating potential stabilization.

Disclaimer: Part of this article is generated with the support of AI tools and reviewed by the editorial team to ensure accuracy and compliance Our standards. For more information, please refer Coindesk’s complete AI policy.

]]> https://earlybirdsinvest.com/atoms-drop-sharply-amid-a-large-amount-of-sales/feed/ 0 53194 Altseason Still On Hold – Metrics Reveal BTC Outpaces Large, Mid, Small Caps https://earlybirdsinvest.com/altseason-still-on-hold-metrics-reveal-btc-outpaces-large-mid-small-caps/ https://earlybirdsinvest.com/altseason-still-on-hold-metrics-reveal-btc-outpaces-large-mid-small-caps/#respond Sun, 10 Aug 2025 08:32:46 +0000 https://earlybirdsinvest.com/altseason-still-on-hold-metrics-reveal-btc-outpaces-large-mid-small-caps/

Analysts are increasingly calling for the start of altseason as Ethereum posts massive gains and a wave of altcoins surges across the market. Over the past days, bullish momentum has pushed many digital assets higher, with price structures showing clear signs of strength. For many traders, this is the moment they’ve been waiting for—the long-anticipated shift where altcoins outperform Bitcoin and deliver outsized returns.

Related Reading

Ethereum’s recent breakout above key resistance levels has added fuel to the narrative, with large-cap and mid-cap altcoins following in its footsteps. The market’s renewed optimism has sparked speculation that the altseason cycle, where capital rotates from Bitcoin into the broader altcoin market, may already be underway.

However, not all experts are convinced. Some point to Bitcoin’s continued dominance and the fact that most altcoins remain well below their all-time highs as reasons for caution. Historical altseasons have typically seen aggressive outperformance across the board, something the market has yet to fully confirm.

Altseason Still Waiting For Its True Breakout

According to top analyst Darkfost, the much-anticipated altseason hasn’t truly begun. By examining a comparative chart of Bitcoin, large caps (top 20), and mid/small caps, Darkfost notes that the current cycle is showing the weakest altcoin performance so far. While altcoins have made notable moves in recent weeks, their gains still pale in comparison to Bitcoin’s dominant run.

Market Cap Growth Rate (MA Gap Ratio between 30d and 365) | Source: CryptoQuant
Market Cap Growth Rate (MA Gap Ratio between 30d and 365) | Source: CryptoQuant

The last instance that resembled a genuine altseason occurred in early 2024, when altcoins—particularly mid- and small-cap projects—outpaced Bitcoin over a short but intense period. That surge marked a clear capital rotation away from BTC into the broader market, delivering outsized returns for altcoin holders. However, the present market conditions suggest that kind of broad-based outperformance has yet to materialize.

Even though Ethereum has broken above multi-year highs and several altcoins are posting impressive gains, the rally appears selective rather than widespread. Large caps are recovering steadily, but mid- and small-cap coins—often the hallmark of an explosive altseason—are still lagging. This disparity suggests that institutional and retail capital remains concentrated in more established assets.

For a confirmed altseason, analysts will be watching for a sustained breakout in mid- and small-cap performance relative to BTC. Until that shift occurs, the current market may be better described as a strong altcoin rally within Bitcoin’s dominant phase rather than the start of a full-scale altseason.

Related Reading

Altcoin Market Nears Key Resistance

The Total Crypto Market Cap excluding Bitcoin (TOTAL2) is showing strong bullish momentum, currently sitting at $1.57 trillion after a sharp 13.21% weekly surge. This rally brings the market close to retesting its 2025 highs around the $1.6 trillion level, a critical resistance zone that has capped altcoin gains in previous attempts.

Altcoin Market Cap testing key resistance | Source: TOTAL2 chart on TradingView
Altcoin Market Cap testing key resistance | Source: TOTAL2 chart on TradingView

The chart reveals that the market has been in a sustained uptrend since early 2024, with price action consistently holding above the 50-week moving average (blue line) and maintaining bullish structure. Both the 100-week (green) and 200-week (red) moving averages are trending higher, reinforcing long-term support and signaling healthy market conditions.

Related Reading

If the breakout occurs, TOTAL2 could target the previous all-time high zone near $1.75–$1.8 trillion, marking a potential acceleration in capital rotation from Bitcoin into altcoins. Conversely, failure to clear this resistance could lead to a short-term pullback toward $1.4 trillion support, which aligns with the 50-week MA. The coming weeks will be crucial for determining whether altseason truly ignites.

Featured image from Dall-E, chart from TradingView

]]> https://earlybirdsinvest.com/altseason-still-on-hold-metrics-reveal-btc-outpaces-large-mid-small-caps/feed/ 0 52463 Large Crypto Liquidation to Precede Big Pumps: The Best Cryptograph to Buy Now https://earlybirdsinvest.com/large-crypto-liquidation-to-precede-big-pumps-the-best-cryptograph-to-buy-now/ https://earlybirdsinvest.com/large-crypto-liquidation-to-precede-big-pumps-the-best-cryptograph-to-buy-now/#respond Sun, 03 Aug 2025 01:07:03 +0000 https://earlybirdsinvest.com/large-crypto-liquidation-to-precede-big-pumps-the-best-cryptograph-to-buy-now/

Saturday, yes, it’s once again the best day to find the code to buy now or next week.

At the moment, Crypto Market sees a bearish trend as key players like Bitcoin and Ethereum face price drops.

Bitcoin fell from the $117,000 to $113 level, down 3.6%, while Ethereum slipped from an area of $37,000 to $34,000, down 6.7%. However, market sentiment has retained a bullish advantage, with the Crypto Fear & Greed Index showing “Greed” earlier this week, suggesting that BTC is suggesting investor optimism.

Is “now” the best time to buy crypto?

24 hours7d30D1Yeverytime

Explore: Best New Cryptocurrencies to Invest in 2025

Expect the pump: Time to re-enter the market

The $129 billion liquidation yesterday wasn’t too bad. It could just be an institution that shakes the weaker hands, and it’s happening all the time.

Yes, the tariffs and the Fed’s failure to lower the charges could have an impact on that, but that could be the reason for the shake-off. How do large-cost institutions take advantage of the situation and play?

Well, here’s the fact. Ethereum, the second largest crypto, is below the all-time high (ATH) of $4.7K in this cycle and is the perfect one to buy.

24 hours7d30D1Yeverytime

Despite the dip, it still records positive development. Pectra upgrades increase scalability and reduce transaction costs, which will definitely help you adopt. Ethereum still controls defi and nfts, with more than 56% of the total value of defi being locked.

Institutional interest in Ethereum has also surged and has not stopped. The Spot ETH ETF recorded a strong influx, including $18.27 million at the end of BlackRock’s Eta in July alone.

It is no secret that backings within the facility will burn the crypto pump. Don’t forget that most analysts predict that Ethereum will hit a new ass in 2025. The estimated is $6,500. That’s true, the dump could be in spring before coiling up.

It’s not just BTC and ETH. General crypto adoption rates are still fast-paced.

Who would have thought Bitcoin would reach this cycle of $120,000? Even the Germans sold 54K BTC for 59K. That’s $3.5 billion, which is $7 billion today. Despite the storm, the code always gets stronger as it matures.

Ethereum is still shy about its ATH, and today it could be a strategic moment when prices invest before they rise to new highs. Now, keeping an eye on the best codes to provide information and buy may be a way to create a big bank.

Related: Why is the code down today?

Discover: 9+ Best High Risk, High Reward Crypto Buy in 2025

For the latest market updates, please join us in the discrepancy in 99bitcoins news here

Live Update:

Data Time

Akiyama Felix

by Akiyama Felix

Did you know?

In July, the CEX market saw trading volumes of $1.71 trillion. This was the highest since February’s $1.77 trillion. A massive 55% jump from $1.1 trillion in June.

Binance was $68.341 billion, the highest since January, with Bitget following at $1260.5 billion, Bybit $122.3 billion and Upbit $11002.1 billion.

Bitcoin reached a record end of $115,644 each month, up 7.5%, while Ethereum rose 49.5%.

It’s not a bad number from a price point of view. Don’t be a bear like the Bulls won last month.

Following Tom Lee’s predictions

Akiyama Felix

by Akiyama Felix

Following Tomley’s video in the post above, Ethereum may be the first to bounce back.

Tom Lee said institutional investors, particularly from Wall Street, are carefully increasing their crypto holdings. He sees today as a bullish era of code.

Lee is optimistic and he may be right. His optimism is in contrast to short-term bearish sentiment driven by factors such as macroeconomic uncertainty and sale.

As Bitmine’s chairman (the company that moved from Bitcoin mining to Ethereum financial strategy), Lee is actively shaping the adoption of corporate crypto. His leadership role at Bitmine demonstrates his commitment to integrating crypto into traditional finance.

As Lee said,

“Don’t pray for an easy life. Pray for the strength to endure a difficult life.” – Bruce Lee

This may be something crypto traders are experiencing. However, the storm may end soon, so it will remain strong.

We trust Lee.

The best code to buy now?

Akiyama Felix

by Akiyama Felix

Imagine turning a boring $100 into a full-fledged financial retirement in crypto. It is the energy of today’s Memocoin market, with timing, certainty and a bit of degeneration that can turn the little bag into a legendary victory.

The complete story here.

Akiyama Felix

by Akiyama Felix

The greed is still flashing and has not yet reached full scale. Investor optimism still exists.

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Felix Akiyama is a true veteran who comes from the 2018 code class. The former visual effects artist turned his attention to Esmaxy, who loves OnChain Degen and Vitalic. Felix is worth noting that he is one of the few people in the VFX world… Read more

]]> https://earlybirdsinvest.com/large-crypto-liquidation-to-precede-big-pumps-the-best-cryptograph-to-buy-now/feed/ 0 51145 SEC Halts Grayscale Large Cap Fund Approval for 'Review' https://earlybirdsinvest.com/sec-halts-grayscale-large-cap-fund-approval-for-review/ https://earlybirdsinvest.com/sec-halts-grayscale-large-cap-fund-approval-for-review/#respond Wed, 02 Jul 2025 20:19:38 +0000 https://earlybirdsinvest.com/sec-halts-grayscale-large-cap-fund-approval-for-review/

The U.S. Securities and Exchange Commission’s leaders are reviewing the agency’s recent approval of a Grayscale effort to convert a fund into an exchange-traded fund (ETF), a letter dated July 1 said.

The SEC allowed Grayscale to uplist the Digital Large Cap Fund (GDLC), which holds $755 million in bitcoin

, Ethereum , XRP , Solana and Cardano , into an ETF through delegated authority — meaning the SEC’s commissioners did not vote to approve the conversion, but rather agency staff gave the sign-off.

jwp-player-placeholder

“This letter is to notify you that, pursuant to Rule 431 of the Commission’s Rules of Practice, 17 CFR 201.431, the Commission will review the delegated action,” the letter, addressed to the New York Stock Exchange, said. “In accordance with Rule 431(e), the July 1, 2025 order is stayed until the Commission orders otherwise.”

The SEC said it would let the NYSE know “of any pertinent action taken by the Commission.”

Any commissioner can ask that an SEC action be reviewed. In the past, commissioners have asked to review ETF disapprovals, for example. The letter did not indicate which commissioner or commissioners asked for the review.

GDLC is benchmarked to CoinDesk’s CoinDesk 5 Index.

Spokespeople for Grayscale and the NYSE did not immediately return a request for comment.

An SEC spokesperson declined to comment on the letter.

UPDATE (July 2, 2025, 20:05 UTC): Adds additional detail, SEC declining to comment.

]]> https://earlybirdsinvest.com/sec-halts-grayscale-large-cap-fund-approval-for-review/feed/ 0 45418 FTX Creditors Receive 120% Payouts on Small Claims, Partial on Large Claims https://earlybirdsinvest.com/ftx-creditors-receive-120-payouts-on-small-claims-partial-on-large-claims/ https://earlybirdsinvest.com/ftx-creditors-receive-120-payouts-on-small-claims-partial-on-large-claims/#respond Wed, 02 Jul 2025 02:23:33 +0000 https://earlybirdsinvest.com/ftx-creditors-receive-120-payouts-on-small-claims-partial-on-large-claims/

FTX’s creditor repayments are progressing almost three years after its collapse. New details have emerged, which reveal that smaller claims are receiving 120% payouts and larger ones are paid 72.5% so far.

Additional distributions are planned through 2027, which aim to complete full recoveries for larger creditors.

FTX Payout Progress

Sunil Kavuri, the FTX creditor activist, revealed that claims under $50,000 received 120% payouts in February and May 2025, allowing smaller creditors to recover beyond their initial claims.

In his latest post on X, Kavuri explained that for claims over $50,000, creditors received a 72.5% payout in May. The remaining 27.5% expected in additional distributions planned for October and December 2026, and into 2027, which will bring total recovery on larger claims to 100% of face value.

Kavuri added that post-petition interest returns are estimated to range between 40% and 80%.

BitGo and Kraken were the two custodians overseeing the distribution process. These payments are being made under a Chapter 11 plan, which was approved by a bankruptcy judge in Delaware last year.

FTX, FTX.US, Alameda Research, and more than 100 affiliated companies sought bankruptcy protection in Delaware on November 11, 2022. After the bankruptcy filing, Sam Bankman-Fried resigned as CEO, and corporate restructuring expert John J. Ray III was appointed to lead the company. The latter had previously handled Enron’s collapse.

Bankman-Fried received a 25-year sentence for defrauding customers and investors. Meanwhile, former Alameda Research CEO Caroline Ellison was sentenced to two years in federal prison.

Beyond the criminal convictions of its top executives, the collapse also sparked lawsuits against celebrities and influencers who had endorsed the platform.

Celebrities Largely Cleared in FTX Lawsuits

In May, a US court dismissed the bulk of lawsuits brought against several celebrities and YouTubers who endorsed the crypto exchange before its collapse. Among those who benefited from the dismissal are Tom Brady, Gisele Bündchen, Kevin O’Leary, and Stephen Curry.

The same cannot be said for Shaquille O’Neal. The NBA legend agreed to pay $1.8 million to settle a class-action lawsuit from investors of FTX, who alleged he misled them through his appearances in exchange advertisements. This payout is more than the $750,000 O’Neal reportedly received for the commercial.

O’Neal claimed that he was only a paid actor, and would avoid admitting wrongdoing, and would also be barred from seeking reimbursement from the exchange’s bankruptcy estate if the court approves the settlement.

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]]> https://earlybirdsinvest.com/ftx-creditors-receive-120-payouts-on-small-claims-partial-on-large-claims/feed/ 0 45268 Large $422 million inflow into Bitcoin ETFs as BlackRock dominates with $351 million https://earlybirdsinvest.com/large-422-million-inflow-into-bitcoin-etfs-as-blackrock-dominates-with-351-million/ https://earlybirdsinvest.com/large-422-million-inflow-into-bitcoin-etfs-as-blackrock-dominates-with-351-million/#respond Fri, 02 May 2025 16:19:44 +0000 https://earlybirdsinvest.com/large-422-million-inflow-into-bitcoin-etfs-as-blackrock-dominates-with-351-million/

Bitcoin exchange-traded funds recorded $422 million in inflows on May 1, led by BlackRock’s IBIT, which added $351 million.

The move followed Thursday’s outflow, which broke an eight-day win streak and pushed cumulative net flows for US-listed spot Bitcoin ETFs back to $39.5 billion since their launch (including Grayscale outflows), according to Farside Investors’ data.

Total Bitcoin ETF AUM across both spot funds has reached $112 billion as the Bitcoin price continues to rise well above ETF launch prices. BlackRock’s IBIT alone has had total inflows of an AUM of $58 billion, or 597k BTC.

The gap in net cumulative flows and AUM is mainly due to the price appreciation of Bitcoin since those inflows arrived (plus a few small items such as accrued cash, fees, and rounding). Net inflows are historical costs; AUM is marked‑to‑market.

Fidelity’s FBTC and Bitwise’s BITB saw smaller gains of $29.5 million and $38.4 million, respectively, while Grayscale’s GBTC posted $16 million in net inflows after prolonged outflows.

Provider Ticker Fee 30 Apr (US$m) 01 May (US$m) Total (US$m)
BlackRock IBIT 0.25% 267.0 351.4 43,006
Fidelity FBTC 0.25% -137.5 29.5 11,664
Bitwise BITB 0.20% -23.0 38.4 2,060
Ark ARKB 0.21% -130.8 -87.2 2,653
Invesco BTCO 0.25% 0.0 10.6 114
Franklin EZBC 0.19% 0.0 0.0 261
Valkyrie BRRR 0.25% 0.0 0.0 311
VanEck HODL 0.20% 0.0 21.9 887
WTree BTCW 0.25% 0.0 0.0 37
Grayscale GBTC 1.50% -32.0 16.0 -22,747
Grayscale BTC 0.15% 0.0 41.9 1,288
Total -56.3 422.5 39,532

The renewed inflows arrived as Bitcoin surpassed $97,000 on May 2, drawing attention to the feedback loop between spot prices and ETF demand.

The gap between the largest issuers remains wide. While BlackRock and Fidelity benefit from deep distribution networks, smaller players such as Valkyrie and VanEck recorded little or no daily flow.

Competitive pressures may grow as Grayscale considers pricing adjustments to stem outflows and maintain relevance in a rapidly maturing ETF landscape.

]]> https://earlybirdsinvest.com/large-422-million-inflow-into-bitcoin-etfs-as-blackrock-dominates-with-351-million/feed/ 0 34019 Here’s What Could Lead to Large Counter-Trend Rally for Bitcoin, According to Benjamin Cowen https://earlybirdsinvest.com/heres-what-could-lead-to-large-counter-trend-rally-for-bitcoin-according-to-benjamin-cowen/ https://earlybirdsinvest.com/heres-what-could-lead-to-large-counter-trend-rally-for-bitcoin-according-to-benjamin-cowen/#respond Tue, 15 Apr 2025 20:06:30 +0000 https://earlybirdsinvest.com/heres-what-could-lead-to-large-counter-trend-rally-for-bitcoin-according-to-benjamin-cowen/

Popular crypto analyst Benjamin Cowen says Bitcoin (BTC) may have an explosive counter-trend rally if one event occurs.

In a new YouTube video, Cowen tells his 892,000 subscribers that Bitcoin might repeat its 2019 price action when BTC rallied to a lower high during the early stages of its correction before heading to lower levels and bouncing.

According to Cowen, Bitcoin might mirror the price action and drop to a new 2025 low before sparking a massive counter-trend surge.

“Let’s suppose that it does result in a lower high. Let’s just be pessimistic for a moment. Okay, let’s say it results in a lower high, and then it goes to a lower low. There is still a chance that a lower low, like what happened in 2019, could find support still in this range [between $69,000 and $75,000], which is ultimately where you would want to find support at the lowest for the cycle to continue.

So the good news is, since we didn’t really go in that range, if there is another drop, I would imagine there would at least be some support there, and then it could lead to a larger counter-trend rally. Back then, it just swept the price, it swept the high from the death cross rally. But it could lead to something more substantial.”

Source: Benjamin Cowen/YouTube

Cowen notes that the counter-trend rally in 2019 was short-lived as macroeconomic conditions suddenly worsened.

“Now, the reason why the secondary rally failed right there, of course, was because the market can no longer ignore the recession. That was the issue. The market can’t ignore an unemployment rate at like 15%.”

Bitcoin is trading for $84,675 at time of writing, up 1.1% in the last 24 hours.

 

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]]> https://earlybirdsinvest.com/heres-what-could-lead-to-large-counter-trend-rally-for-bitcoin-according-to-benjamin-cowen/feed/ 0 30980 Ethereum Whale Activity Plummets as Large Transactions Drop 63.8% Since Late February https://earlybirdsinvest.com/ethereum-whale-activity-plummets-as-large-transactions-drop-63-8-since-late-february/ https://earlybirdsinvest.com/ethereum-whale-activity-plummets-as-large-transactions-drop-63-8-since-late-february/#respond Wed, 02 Apr 2025 17:52:25 +0000 https://earlybirdsinvest.com/ethereum-whale-activity-plummets-as-large-transactions-drop-63-8-since-late-february/

Ethereum has been facing a challenging period, with its price falling by nearly 10% over the past week. The cryptocurrency briefly surpassed the $1,900 mark but was unable to maintain momentum and is fighting to remain above it now.

This price drop follows a broader trend of market volatility, which has raised concerns about its price trajectory. This decline in price may be linked to shifting investor sentiment, as on-chain data suggests a notable reduction in large Ethereum transactions.

Ethereum Whales Are Pulling Back

According to crypto analyst Ali Martinez’s latest findings, there has been a significant decline in large Ethereum transactions since February 25, with a reported drop of 63.8%. This decrease was indicative of a notable reduction in whale activity on the network, which suggests that large-scale investors may be pulling back or reallocating their holdings. Interestingly, whales sold 760,000 ETH in the last two weeks alone.

This downturn in whale activity coincides with the actions of a long-term Ethereum holder who recently liquidated their remaining assets.

Lookonchain’s update revealed that an Ethereum OG sold their remaining 2,001 ETH, which is worth around $3.82 million, on April 2nd. The investor originally purchased 5,001 ETH for $1.38 million at $277 per coin back in 2017 and held through Ethereum’s bull run, even when prices soared to $4,878.

Over the past month, however, they began selling and realized a total profit of $8.66 million in the process. At its peak, the investor’s unrealized gains reached as high as $23 million.

All Eyes on Pectra’s Mainnet Launch

Despite the successful finalization of Ethereum’s Pectra upgrade on the Hoodi testnet, the network has struggled to maintain a meaningful rally. Now, all eyes are on the highly anticipated upgrade on mainnet, which combines improvements from the Prague and Electra proposals. It is set to go live on the Ethereum mainnet on April 30, with a tentative activation scheduled for slot 11,599,872.

There is still optimism that the mainnet launch could generate renewed investor interest and potentially trigger a more significant price movement. The timeline for the upgrade is still subject to final approval, with confirmation expected at the next All Core Developers Execution (ACDE) meeting.

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