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newsbtc.com Bitcoin ETF Makes Waves: Volumes Surge $10 Billion 3 Days

Bitcoin Spot Exchange-Traded Funds (ETFs) have once again garnered the attention of crypto enthusiasts and investors as the products have witnessed a whopping $10 billion in total trading volume in the first three days of trading. Bitcoin Spot ETF Sees Significant Uptick In Day 3 Trading The development was revealed by Bloomberg Intelligence analyst James Seyffart on the social media platform X (formerly Twitter). The information shared by the analyst demonstrates a firm desire for exposure to digital assets via regulated financial markets. Seyffart’s X post delves in on the data from the “Bitcoin ETF Cointucky Derby.” According to the analyst, “ETFs traded almost $10 billion in total over the past 3 days.”  Related Reading: Spot Bitcoin ETFs Record Over $800 Million In Net Inflows in Debut Week – Details The analyst also provided a virtual record of the data to further elaborate on the substantial trading volume. With a total volume of over $5 billion, Grayscale Bitcoin Trust (GBTC) stands out as the top performer among the notable financial firms. Meanwhile, iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) come next in line. The data shows that the financial firms witnessed an overall trading volume of $1.997 billion and $1.479 billion, respectively.  ARK’s 21Shares ETF (ARKB) and Bitwise Bitcoin ETF (BTTB) followed behind with a substantial total trading volume of $568 million and $258 million, respectively. This spike in trading volume indicates that both institutional and individual investors are growing more at ease utilizing traditional investment engines to trade BTC. Although Grayscale’s Bitcoin fund continues to gain the highest overall trading volume, the fund has seen significant withdrawals from investors seeking to lower their exposure. There have been withdrawals totaling more than $579 million since Grayscale started trading on January 11. Currently, Grayscale is still considered the “Liquidity King” of the Bitcoin spot ETFs. However, Bloomberg analyst Eric Balchunas anticipates that Blackrock might oversee Grayscale to claim the title. “IBIT keeping lead to be one most likely to overtake GBTC as Liquidity King,” he stated. 3-Day Trading Surpassed 500 ETFs In 2023 Following the report, Eric Balchunas has provided a context for the massive surge of these products. The analyst did so by comparing the trading volume of BTC ETFs to all the ETFs that were launched in 2023. Related Reading: Bitcoin ETF Approval Triggers $1.2 Billion Trading Volume And New Highs For BTC Price “Let me put into context how insane $10b in volume is in the first 3 days. There were 500 ETFs launched in 2023,” Balchunas stated. According to him, the 500 ETFs completed a $450 million combined volume today, and the best one did $45 million. In addition, Balchunas highlighted that Blackrock‘s BTC ETF demonstrates a better performance than the 500 ETFs. “IBIT alone is seeing more activity than the entire ’23 Freshman Class,” he stated. It is noteworthy that half of the ETFs launched in 2023 recorded an overall trading volume of “less than $1 million” today. Balchunas also stressed the difficulty in acquiring volume, noting that it is harder than flows and assets. This is because the volume has to come genuinely in the marketplace, which gives an “ETF lasting power.” Featured image from iStock, chart from Tradingview.com

news.bitcoin.com SEC Launches AI Task Force With Mission to Disrupt Legacy Market Oversight

The SEC has activated a high-impact AI task force to embed intelligent technology into its regulatory framework, revolutionize enforcement capabilities, and drive mission-critical innovation agency-wide. SEC Activates AI Command Center to Supercharge Surveillance and Innovation The U.S. Securities and Exchange Commission (SEC) announced on Aug. 1 the formation of an artificial intelligence (AI) task force […]

blockonomi.com Chainlink (LINK) Whales Scoop Millions, Could This Token Be Next on Their Radar?

In the world of crypto investing, large holders—often referred to as “whales”—have long been trendsetters when it comes to identifying high-upside opportunities early. Their on-chain movements frequently serve as a signal for where the next wave of capital may go. Recently, whale activity surrounding Chainlink (LINK) has attracted attention after millions were accumulated at key [...] The post Chainlink (LINK) Whales Scoop Millions, Could This Token Be Next on Their Radar? appeared first on Blockonomi.

bitcoinist.com FCA Announces Plans to Grant Retail Access to Crypto Exchange-Traded Notes

The United Kingdom’s Financial Conduct Authority (FCA) has announced plans to lift its current restrictions on retail access to crypto exchange-traded notes (cETNs), opening up a segment of the digital asset market previously reserved for professional investors. This decision marks a significant policy shift as the regulator seeks to balance consumer protection with growing demand […]

bitcoinist.com Crypto Market Plunges Nearly 6% as Trump’s Tariffs and Fed Policy Shake Investor Confidence

The global crypto market took a sharp downturn on August 1, dropping nearly 6% in 24 hours, as investor sentiment soured amid escalating U.S.–China trade tensions and uncertain Federal Reserve policy. Related Reading: Cardano Founder Hails ‘Most Advanced Stablecoin Ever Built’ The sell-off wiped billions from crypto valuations, with Bitcoin falling to $114,322 and over […]

news.bitcoin.com Ron Paul Says Replacing Powell Won’t Fix Fed’s Deep-Rooted Policy Failures

U.S. monetary policy faces a tightening vise as any future Fed chair inherits a broken system shackled by ballooning debt, political dysfunction, and unsustainable inflationary pressure. Ron Paul Warns Any New Fed Chair Will Be Trapped by Political, Fiscal Limits Former U.S. congressman and well-known advocate for liberty Ron Paul argued in his weekly column […]

blockonomi.com With Solana and Shiba In Losing Steam, Investors Are Rushing Into This Viral 484% Gainer

The crypto market is shifting fast and investors are watching closely. While once-hot tokens like Solana and Shiba Inu are slowing down, many are now rushing into Remittix (RTX), a new DeFi project that’s already gained over 484% in momentum. Remittix is quickly becoming the top crypto to buy now for many smart investors. Solana [...] The post With Solana and Shiba In Losing Steam, Investors Are Rushing Into This Viral 484% Gainer appeared first on Blockonomi.

bitcoinist.com IMF Bows To Bitcoin—Global Economic Standards Overhauled

The International Monetary Fund (IMF) used a July 31 staff blog to say the quiet part out loud: Bitcoin now belongs inside the world’s core economic statistics. The post—timed to the UN Statistical Commission’s approval of the updated System of National Accounts (SNA)—states that “Bitcoin, for example, has a tangible economic impact, including because it […]

bitcoinist.com Crypto Explosion Ahead? CLARITY Act Could Push Market To $10-T — Cardano Founder

A clear vote in Washington has set the stage for a potential boom in cryptocurrencies. On July 17, 2025, the House passed the Digital Asset Market Clarity Act of 2025. Related Reading: New Crypto Lab Unit Signals Bank Of Korea’s Shift From Research To Regulation According to Cardano co-founder Charles Hoskinson, this bill could give […]

news.bitcoin.com XRP Overtakes ETH on Coinbase as Revenue Surges and Futures Catch Fire

XRP has overtaken ethereum as Coinbase’s top revenue-generating asset, fueled by surging trading volumes, regulatory clarity, and an aggressive expansion into U.S. crypto derivatives. XRP Tops ETH on Coinbase With Blazing Revenue and a Derivatives Wave Incoming Crypto exchange Coinbase (Nasdaq: COIN) disclosed in its Form 10-Q filed with the U.S. Securities and Exchange Commission […]

blockonomi.com BONK May Dominate Solana Tokens This June, But This New Crypto Is Gunning For A 5800% Rally

Bonk Coin, which is among the Solana tokens, trades at $0.00002792, down by 0.48%, with a market cap of $2.25 billion and a volume of $678.89 million. While Bonk is a top recommendation among Solana tokens this June, another promising project, Remittix, is hot on its heels with plans to disrupt crypto-to-fiat transactions and bring [...] The post BONK May Dominate Solana Tokens This June, But This New Crypto Is Gunning For A 5800% Rally appeared first on Blockonomi.

news.bitcoin.com SEC’s ETF Shift Could Send Crypto Flows Into Overdrive

Crypto ETFs has taken a massive leap forward as SEC approval of in-kind mechanisms slashes costs, boosts efficiency, and propels digital assets deeper into mainstream finance. Bitwise Hails SEC Approval of In-Kind Mechanism as Pivotal for Crypto ETFs Asset management firm Bitwise explained on July 30 via social media platform X why the U.S. Securities […]

bitcoinist.com Ethereum Chain Dominates RWA Market With 83.69% Share

Ethereum is attempting to hold the crucial $3,600 support level after a modest pullback from recent highs. Despite the short-term correction, ETH remains one of the strongest performers in the crypto market, having surged over 85% since late June. Bulls continue to show strength, supported by weeks of sustained buying pressure and growing investor confidence. […]

news.bitcoin.com Bitcoin Dives to a Low of $112,680 as Crypto Carnage Grips the Market

Bitcoin took a tumble today, dipping almost 3% versus the U.S. dollar, hitting an intraday low of $112,680. After that dip, the leading crypto asset by market cap bounced back, rising just above the $113,000 mark. Bitcoin Battered as $3.66T Crypto Market Nosedives Cryptocurrency markets took a beating today, with the crypto economy shrinking by […]

news.bitcoin.com Mill City Ventures Secures $500M Equity Line for SUI Treasury Expansion

Mill City Ventures secured a $500 million equity facility to expand its SUI treasury holdings. MCVT to Raise up to $500M, Targets SUI Treasury Scaling The Minnesota-based specialty finance firm (Nasdaq: MCVT) announced an equity line agreement with A.G.P./Alliance Global Partners on August 1, 2025. This enables Mill City to sell up to $500 million […]

blockonomi.com Solana’s ETF Dreams: Could They Push Prices Beyond $150 – and Help Fantom Rise?

The crypto market is heating up as investors begin positioning ahead of what could be the biggest ETF wave yet. With Bitcoin and Ethereum already receiving spot ETF approvals and seeing massive institutional inflows, speculation is now swirling around which altcoin might be next. For many analysts, that frontrunner could beSolana – thanks to its [...] The post Solana’s ETF Dreams: Could They Push Prices Beyond $150 – and Help Fantom Rise? appeared first on Blockonomi.

blockonomi.com With Solana Targeting $200, Traders Now Watch Dogecoin and Remittix For The Next Big Move

After weeks of tight range trading, Solana is finally showing signs of strength again. The price has climbed past $179, despite a 3.5% decline over the last 7 days. With $200 back on the radar, attention is shifting to altcoins that could follow Solana’s lead. Two tokens stand out on the momentum radar: Dogecoin, which [...] The post With Solana Targeting $200, Traders Now Watch Dogecoin and Remittix For The Next Big Move appeared first on Blockonomi.

bitcoinist.com Teucrium Funds CEO Reveals XRP Fund Is Most Successful In 16-Year History

Teucrium Trading, a firm traditionally known for its agriculture-based Exchange Traded Fund (ETFs), has made headlines with an unexpected and highly successful pivot into the cryptocurrency market. In a recent appearance on CNBC’s “ETF Edge,” Sal Gilbertie, the President and CEO of Teucrium Funds, announced that the firm’s leveraged XRP ETF has broken internal records, […]

news.bitcoin.com Ether ETFs Secure 20th Straight Day of Inflows as Bitcoin ETFs Turn Red

Bitcoin exchange-traded funds (ETFs) faced a setback with $115 million in outflows after days of steady gains, while ether ETFs kept their remarkable streak alive with a modest $17 million inflow. Bitcoin ETFs End Positive Streak With $115 Million Outflow As Ether Stays Green A shift in market sentiment hit bitcoin ETFs on Thursday, July […]

blockonomi.com Best Cryptos To Buy In 2025: Hedera (HBAR), Remittix (RTX) and Pi Network (PI) Are Top Analyst Picks

If you’re wondering about the best crypto to buy now, Hedera (HBAR) is trading at $0.2605 with a market cap of $11.04 billion and strong trading volume of $691.19 million. Meanwhile, Pi Network (PI) sits at $0.4160 with a market cap of $3.22 billion. Among these popular names, Remittix sits quietly high with a token [...] The post Best Cryptos To Buy In 2025: Hedera (HBAR), Remittix (RTX) and Pi Network (PI) Are Top Analyst Picks appeared first on Blockonomi.

bitcoinist.com Bitcoin Coinbase Premium Index Has Turned Negative Amid Current Market Volatility

The broader crypto market is facing heightened volatility, and Bitcoin, the largest digital asset, has experienced a pullback to the $116,000 threshold. With the market under bearish pressure, several key Bitcoin metrics are beginning to move into negative territory, sparking concerns in the market. Waning Bitcoin Coinbase Premium Index Bitcoin’s price has retested the $116,000 […]

news.bitcoin.com Qubic’s ‘Warming up the Engines’ Report Details 51% Strategy Ahead of Showdown With Monero

Qubic has released a detailed mining report just two days before its expected 51% dominance attempt on the Monero network, laying out earnings, network influence, and strategic intent. Qubic Lays out 51% Plan In the Epoch 171 mining recap titled “Warming Up the Engines,” written by “retrodrive,” Qubic revealed it earned $180,250 by selling 459 […]

blockonomi.com Hedera Holds Key Trendline as HBAR Price Eyes $0.31 Breakout

TLDR: HBAR price retests its ascending trendline with $0.245–$0.250 support, defining the short-term battle zone. HBAR’s 24-hour volume jumps 13.50%, signaling heavy activity at critical support levels. Robinhood listing boosts Hedera’s visibility, drawing new retail interest into the market. A confirmed bounce could push $HBAR toward $0.31, with long-term targets near $0.50 and even $1. [...] The post Hedera Holds Key Trendline as HBAR Price Eyes $0.31 Breakout appeared first on Blockonomi.

bitcoinist.com Controlling More Bitcoin: Strategy Unveils $4.2B BTC-Backed Security

Strategy is raising more money to buy Bitcoin. Based on reports, the company filed with the US Securities and Exchange Commission on July 31 to offer up to $4.2 billion of its new Variable Rate Series A Perpetual Stretch Preferred Stock, or STRC. The move follows a recent IPO that funded another large Bitcoin purchase. […]