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Bitcoin short ETPs record $1M weekly outflow, anticipating spot BTC ETF approval

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Outflows from various Bitcoin short investment products totaled over $1 million, suggesting traders are bullish on spot Bitcoin ETF applications getting the nod from the SEC.

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Bitcoin rally could revive treasury buying, but easy-money days over

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“A return to last year’s indiscriminate capital raising looks unlikely,” said Bitfinex head of derivatives Jag Kooner.

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Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback

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The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.

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Market participants weigh in on SEC’s proposed crypto regulations

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The financial agency is scheduled to close public comments on its ‘Regulation Crypto Assets’ proposed in August.

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