Fidelity FBTC had a net inflow of $235.5 million yesterday

Bloomberg Terminal reported that the net inflow of 235.5 million US dollars was made into the Fidelity Bitcoin Spot ETF (FBTC) yesterday.

Comments

All Comments

Recommended for you

CointimeSG ·

Onboarding the Next 1 Billion vs. The Next 1 Million Users Debate

It was an interesting debate between Remco Bloemen, who advocated for scaling solutions to focus on onboarding the next 1 billion users, and Vadim Koleoshkin, supporting a more tailored approach to onboarding the next 1 million users by emphasizing refined user experiences and niche adoption strategies.
Chainlink ·

Chainlink Unveils Monumental Upgrade To Power Onchain Finance

In his recent SmartCon 2024 keynote, Sergey Nazarov explored how TradFi and DeFi are converging into a single unified Internet of Contracts through Chainlink. This post is based on his presentation.
CointimeSG ·

ON–291: Real World Assets 🌍

Coverage on BUIDL, PAXG, BCAP, and Maple
CointimeSG ·

State of Sui Q2 and Q3 2024

Sui introduced the Mysticeti consensus mechanism, reducing consensus latency by 80% to 390 milliseconds under 100,000 transactions per second. Sui integrated with Circle’s USDC and plans to integrate with Circle’s Cross-Chain Transfer Protocol (CCTP). This integration contributed to a 139% QoQ increase in Sui's market cap to $4.8B, ranking it 21st. The number of active addresses peaked at 2.2 million on May 30, 2024, the same day a token unlock released 9.3% of total tokens vesting. This surge in activity likely resulted from the influx of newly unlocked tokens, triggering increased trading and transfers.
CointimeSG ·

How a popular crypto exchange empowers traders with customization and efficiency

This crypto trading platform introduces unique features to the market that are designed to meet the fast-paced needs of users.
CointimeSG ·

Dogecoin Leads the Pack—But These Dog Coins Are Running Up Gains Too

Dogecoin may have a backer headed to the White House, but other big dog-themed coins are jumping on token listings and broader crypto hype.
CointimeSG ·

SocGen FORGE to launch its EURCV stablecoin in XRP Ledger. Why?

Societe Generale-FORGE (SG-FORGE) said it plans to launch its EURCV stablecoin on the XRP Ledger (XRPL) founded by Ripple.
CointimeSG ·

Solana's Tensor Teases Social Trading App to Rival Pump.fun

The makers of Solana NFT marketplace Tensor are teasing a new SocialFi app called Vector.fun, which could be poised to take on Pump.fun.
CointimeSG ·

Bitcoin Miners from Wall Street Bleed Red in Q3, but This One Company Bucks the Trend

Recently, five BTC mining companies released their quarterly results. All reported significant net losses, with only Hut 8 achieving a modest profit.
CointimeSG ·

DeFi Technologies aims to replicate MicroStrategy's success with upcoming CoreFi Strategy launch

CoreFi Strategy will offer investors the opportunity for higher beta Bitcoin exposure through the Core blockchain.