Bitcoin ETF inflows: Fidelity leads $433M Friday

Bitcoin ETF inflows reached $433 million Friday as Fidelity led the session, while BlackRock retained the weekly issuer lead.

• Bitcoin ETFs saw $433 million in net inflows on Friday, with Fidelity leading the session with $310 million.
• Despite a rebound on Thursday and Friday, the week ended with only $6.1 million in net inflows, indicating a narrow recovery from earlier withdrawals.
• While Fidelity showed strong performance on Friday, BlackRock's IBIT still holds the lead for weekly inflows, suggesting demand has broadened but not yet fundamentally shifted.

Topics: Public market access, Institutional adoption, Bitcoin etf, Asset manager initiatives

Tags: #bitcoinetf #fidelity #blackrock #inflows #ibit #fbtc #weeklyperformance #marketrebound #assetmanager

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Strive Adds $143 Million in Bitcoin as Treasury Firms Pile Back In

The Nasdaq-listed asset manager paid an average of $79,431 per coin, lifting its total stash to 23,156 BTC amid a wave of renewed treasury buying.

• Strive, a Nasdaq-listed asset manager, has acquired an additional $143 million in Bitcoin, increasing its total holdings to 23,156 BTC.
• This purchase is part of a broader trend of public companies adopting Bitcoin treasury strategies, with renewed buying observed across the sector.
• The move comes as Bitcoin shows strong performance, with August on track to be its best month since 2017, though the strategy carries inherent volatility risks.

Topics: Asset types, Institutional adoption, Bitcoin treasuries, Alternative assets, Asset manager initiatives, Corporate treasury strategy

Tags: #strive #bitcoin #treasury #corporateholdings #assetmanager #asst #michaelsaylor #vivekramaswamy #nasdaq #btc

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Strive Buys $81.5 Million in Bitcoin After Issuing More Shares

The company increased its Bitcoin holdings by 5.5%, but its Bitcoin per fully diluted share rose only about 1.4%.

• Public asset manager Strive has increased its Bitcoin holdings by 5.5% through the purchase of 1,110 BTC for approximately $81.5 million.
• The company funded these purchases by issuing new common and preferred shares, resulting in a smaller percentage increase in Bitcoin per fully diluted share.
• This move aligns with a broader trend of corporate treasuries, including Metaplanet and MicroStrategy, expanding their Bitcoin reserves.

Topics: Asset types, Institutional adoption, Bitcoin treasuries, Alternative assets, Asset manager initiatives, Corporate treasury strategy

Tags: #strive #bitcoin #treasury #shares #secfiling #metaplanet #microstrategy #assetmanager

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This spot Bitcoin ETF only logged six inflow days ever - now investors have until August 17 before forced cash liquidation

Hashdex DEFI’s assets have fallen to $8.7 million as investors exit a fund that has recorded just six inflow days since becoming a spot Bitcoin ETF.

• Hashdex's DEFI spot Bitcoin ETF will cease trading on August 17th and undergo liquidation due to persistently low investor demand, with only six inflow days since its conversion.
• The fund has seen a significant outflow of shares, dropping 25% in three days as investors exit before the liquidation deadline, reducing its assets to $8.7 million.
• This situation highlights the uneven distribution of demand within the spot Bitcoin ETF market, as other ETFs, particularly BlackRock's IBIT, have attracted substantial inflows while DEFI struggles.

Topics: Asset types, Institutional adoption, Public market, Financial instruments, Asset manager initiatives, Bitcoin etf

Tags: #spotbitcoinetf #hashdexdefi #liquidation #inflows #investorexit #bitcoinholdings #etfshutdown #assetmanager #blackrockibit #marketdemand

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Breaking: $5.3T Cardone Capital Buys Another $18 Million In Bitcoin

Cardone Capital purchased another 282 BTC worth about $18 million, expanding its Bitcoin holdings as Grant Cardone announced.

• Cardone Capital, a $5.3 trillion asset manager, has purchased an additional $18 million worth of Bitcoin (282 BTC), expanding its holdings.
• This acquisition is part of a strategy to fuse Bitcoin with income-producing real estate properties into a hybrid investment vehicle, aiming for significant returns.
• The firm's founder, Grant Cardone, is bullish on the combined potential of these asset classes, even as a significant portion of investors in their fund are new to Bitcoin.

Topics: Asset types, Institutional adoption, Integration with defi, Alternative assets, Asset manager initiatives, On chain treasury management

Tags: #cardonecapital #bitcoin #grantcardone #realestate #tokenization #assetmanager #investmentvehicle #crypto #btc #hybridstructure

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Breaking: Morgan Stanley Reveals Fee Details For Ethereum, Solana ETFs In New Filing

Morgan Stanley updated Ether and Solana ETF filings, disclosing a 0.14% fee and a staking model that retains 95% of rewards for investors.

• Morgan Stanley has updated its filings for Ethereum and Solana ETFs, disclosing a 0.14% annual fee.
• The ETFs will incorporate a staking model, allowing them to earn rewards on staked assets, with 95% of rewards retained for investors.
• These filings follow Morgan Stanley's successful Bitcoin ETF launch and signal continued institutional interest in crypto-based investment products.

Topics: Asset types, Institutional adoption, Public market access, Financial instruments, Asset manager initiatives, Bitcoin etf, Future rwa etfs

Tags: #morganstanley #ethereumetf #solanaetf #filing #stakingrewards #sec #cryptoetf #spotbitcoinetf #assetmanager

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