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Trending
BTC ETFs, Macro News Drive Crypto Momentum
Finance
— 5d
Crypto-focused ETFs and assets saw notable shifts in August: Grayscale Bitcoin Premium Income ETF's short interest collapsed and Jane Street built a stake, while YieldMax’s YBIT also saw a steep short-interest decline; Ethereum meanwhile saw large outflows from exchanges as holders move to self-custody and staking, contrasting with Bitcoin's steadier exchange balances. Kevin O'Leary argues institutional capital will flock to Bitcoin and Ethereum once regulation enables it, and Grayscale Ethereum Classic Trust is updating its NAV index from the CoinDesk Ethereum Classic Price Index to the Benchmark Extended Rate.
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