Browsing: Bitcoin

On July 29, Amplify ETFs launched the Amplify Fairlead Tactical Bitcoin ETF on Cboe, targeting long-term capital appreciation through actively managed exposure to Bitcoin. The fund is designed to maintain Bitcoin exposure representing 70% to 150% of its net assets. Its allocations are adjusted based on a systematic evaluation of technical market indicators. The fund’s…

Bitcoin ETFs recorded an outflow of $11.6 million while Ethereum funds experienced a $9.2 million inflow on July 27, according to data from @WuBlockchain. These movements highlight ongoing volatility in the cryptocurrency ETF market, where investor interest has fluctuated between the two major digital assets. The outflow from Bitcoin ETFs could suggest a temporary decline…

Poolin, once the largest Bitcoin mining pool, has filed for Chapter 11 bankruptcy in New Jersey. The Singapore-based company, which previously controlled up to 20% of the global Bitcoin hashrate, cited substantial liabilities of approximately $173.1 million against assets valued between $1 million and $10 million. The bankruptcy filing includes two U.S. affiliates and marks…