Crypto
US Spot Bitcoin ETFs Suffer Record Net Outflow
A recent net outflow of $57.3 million from US spot Bitcoin exchange-traded funds (ETFs) has been reported, with eight September seeing a significant decline in investment.
Strategy, a prominent player in the market, has decided to halt its Bitcoin purchases and increase the privileged stock buyback limit to $2 billion.
In another notable development, a new address on Hyperliquid created a position of approximately 500 BTC ($79,010) within just four days, totaling around $39.36 million.
Strategy currently holds 845,050 BTC and has a dollar cash reserve of $1.44 billion.