Bitcoin products have seen a significant surge in inflows since 2024, totaling nearly $55 billion. This figure outpaces the combined inflows for gold and silver, which stand at $29 billion. Despite this strong performance, U.S. spot Bitcoin ETFs experienced over $430 million in outflows on November 5.
Square is set to complete enabling Bitcoin payments for over 4 million merchants by November 10. Merchants will have the option to keep their Bitcoin earnings or convert up to 50% of their daily sales. Starting in 2027, transaction fees will begin at 1%.
In a move to address potential quantum computing threats, Bitcoin Core developer Cory Fields proposed a new rule. The proposal suggests that quantum-vulnerable Bitcoin transfers should be backed by quantum-resistant collateral. Owners would be able to reclaim their funds after proving ownership.