Bitcoin remained below $70K even as spot bitcoin ETFs recorded the second-largest daily inflows ever. Robinhood acquired Bitstamp to expand its business outside of U.S. Here's your weekly crypto news roundup.
Bitcoin is back above $71,000 and currently sits at $71,346. Sentiment has once again flipped bullish, with growing anticipation that Bitcoin might finally be preparing to break through $73,000 and push on to new highs.
Inflows into BlackRock and Fidelity's spot Bitcoin ETFs account for over 26% and 56% of their total ETF flows this year, Bloomberg Intelligence data shows.
BlackRock's bitcoin ETF overtook Grayscale's GBTC as the largest spot bitcoin ETF by assets last week. In other headlines, Biden vetoed a crypto bill, while RoaringKitty set cat-meme coins on fire.
Bitcoin ETF (BTC) Purchases for Pension Funds Just Getting Started coindesk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coindesk.com Daily Mail and Mail on Sunday newspapers.