CoinShares Bitcoin and Ether ETF

BTF

Market cap $15.8M

A single brutal trading day swallowed most of the headline number, yet the story being told about institutions fleeing Bitcoin does not survive contact with the full data.

Bitcoin has rebounded towards US$83,000 as renewed institutional buying and improving risk appetite provide support after several weeks of volatile trading. The world's largest cryptocurrency was trading at about US$82,967 at the latest check, up around 1.3% on the session after moving between US$81,186 and US$83,245.

BlackRock's Bitcoin ETF took in $665 million on Monday, its largest single day since October 2025. Fidelity and Grayscale saw outflows the same day, and Bitcoin stayed stuck between $82,000 and $83,000.

Inflation and jurisdictional risks are serving as powerful examples of the value of alternative assets like gold and Bitcoin, and the ability to borrow against these non-yielding assets could make them even more attractive in the coming years, according to Adam Reeds, CEO of digital-asset-backed lending platform Ledn – which is launching Tether Gold-backed loans in the coming weeks.

Inflation and jurisdictional risks are serving as powerful examples of the value of alternative assets like gold and Bitcoin, and the ability to borrow against these non-yielding assets could make them even more attractive in the coming years, according to Adam Leeds, CEO of digital-asset-backed lending platform Ledn – which is launching Tether Gold-backed loans in the coming weeks.

Nine US companies, including Broadcom, Verizon and UnitedHealth, have formally objected to having their shares traded on the OKXICE venue. The SEC's innovation exemption gives issuers thirty days to say no, and an objection blocks that one venue rather than the idea itself.

Bitcoin dipped below $80,000 for the first time in roughly a month Thursday before rebounding later in the session. Adam Lynch (@CharlesSchwab) turns to what he's watching when it comes to price action in Bitcoin and Ethereum as they remain 25% and 35% lower year-over-year, respectively.

Gold has managed to push back above $4,100 an ounce, but the precious metal continues to face significant headwinds from persistent inflation fears, which are driving hawkish monetary policies around the world.

Jenny Kovacs returns to Crypto Corner and sits down with Adam Lynch of @CharlesSchwab to talk about the latest moves in Bitcoin and Ethereum. Though Bitcoin and Ethereum have pulled back from their recent rallies, Adam says that ETF inflows show a "much more constructive" picture compared to this time last year.

Digital asset fund flows across all issuers lost momentum this week, a marked slowdown after US$11.1B of inflows since mid-July. Much of that earlier demand appears to have reflected investors buying at depressed valuations, though concerns around US fiscal sustainability have become an increasingly important part of the allocation case.