BlackRock Bitcoin ETF records $114 million in net outflows amid market volatility

Key Takeaways Around $114 million was withdrawn from BlackRock’s Bitcoin ETF on Friday. The outflows reflect ongoing volatility and decreasing institutional appetite for Bitcoin exposure. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw approximately $114 million in net inflows on November 28 amid ongoing crypto market volatility. The substantial outflow comes as many investors…

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Nasdaq wants to let Bitcoin options run wild

Nasdaq’s International Securities Exchange (ISE) has decided that Bitcoin options are hot right now. Summary Nasdaq ISE is seeking to raise the trading cap for BlackRock’s iShares Bitcoin Trust ETF (IBIT) options from 250,000 to 1 million contracts. Deribit — still the dominant crypto-options exchange — reached a record ~$50.27B in BTC options OI with…

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Barcelona Crypto Nightmare: How a Big Money Sponsorship Became a Big Money Liability

A new crypto partnership meant to steady FC Barcelona’s finances has instead become a public headache within days. FC Barcelona is facing growing criticism after confirming in mid-November that a Samoa-based company, Zero-Knowledge Proof (ZKP), would act as the club’s “Official Cryptographic Protocol Partner.”  But by November 26, the club moved to distance itself from…

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