A napkin holder with the B of bitcoin (Marvin Recinos/Getty Images)

Bitcoin dips as overall crypto market sees red

The dip hasn’t deterred Strategy from buying more of the asset, however.

8/25/25 10:40AM

Bitcoin and the overall crypto market enjoyed a boost following Fed Chair Jerome Powell’s speech on Friday, but the rally fizzled out over the weekend. Bitcoin is starting the week around $112,000, a dip of about 4% from its high on Friday of around $117,000. The overall crypto market has decreased 2.1% in the past 24 hours and now stands at $3.97 trillion.

A dip never deters Michael Saylor, self-proclaimed “Mr. Orange,” who announced that Strategy added 3,081 bitcoin to its reservoir for $356.9 million. The largest corporate bitcoin holder now has 632,457 bitcoin acquired for $46.5 billion, which is 3% of the total bitcoin supply.
Meanwhile, a long dormant bitcoin whale, who received 100,784 bitcoin seven years ago, continued shedding its bitcoin holdings to buy ethereum, according to Lookonchain, which said in a post that the wallet “is frantically dumping $BTC for $ETH. In the past 5 days, they’ve deposited ~22,769 $BTC($2.59B) to #Hyperliquid for sale, then bought 472,920 $ETH($2.22B) spot and opened a 135,265 $ETH($577M) long.”
The Philippines may be the next country to establish a national bitcoin reserve as Congressman Miguel Villafuerte introduced a bill to create one “to serve important national interest such as providing financial stability, among others,” according to the bill’s text, which would direct the Bangko Sentral ng Pilipinas to acquire 2,000 bitcoin purchased annually over five years.

In other bitcoin treasury news:

Metaplanet acquired 103 bitcoin and is now holding 18,991. The Japanese company has also been added to the FTSE Japan Index, “another important milestone on our journey as Japan’s leading bitcoin treasury company,” CEO Simon Gerovich posted.
LM Funding America, a Nasdaq-listed bitcoin mining and treasury company, acquired 164 bitcoin for $18.67 million. The company now holds 311 bitcoin.
Japanese public company Remixpoint acquired 41.5 bitcoin, increasing its total holdings to 1,273 bitcoin.
Global Asian food platform DDC Enterprise announced its fourth bitcoin purchase this month. The company acquired 200 bitcoin and now holds 888 bitcoin.

Sage D. Young

19m

Ethereum slides under $4,150 and spot ETFs break eight-day positive inflow streak

The token touched $4,750 earlier this week.

Solana ETFs listings delayed as JPMorgan predicts the funds to net $1.5 billion in first year

JPMorgan analysts noted that “solana is not perceived by investors the same way as ethereum as the main DeFi/smart contract cryptocurrency.”

Yaël Bizouati-Kennedy3h

David Crowther10/9/25

BlackRock’s bitcoin ETF is on the cusp of $100 billion in assets, a milestone it will have achieved in less than two years

While VOO might be the largest ETF in the world, IBIT — BlackRock’s iShares Bitcoin Trust ETF — is the fastest-growing. And the bitcoin-centered product is on the cusp of a major milestone, reporting that it now holds 802,257 BTC, putting it within a whisker of hitting $100 billion in assets (worth roughly $99 billion in good old-fashioned USD at the time of writing).

Considering that BlackRock’s iShares Bitcoin Trust launched only 636 days ago, that’s a remarkable speedrun, as individual and institutional investors have embraced cryptocurrency via the exchange-traded fund. For context, VOO took over 2,900 days to hit the same milestone (about eight years).

VOO vs. IBIT spead to $100 billion assets under management — Sherwood News

As noted in a great piece by Robin Wigglesworth in the Financial Times, IBIT is now a major money-spinner for one of the biggest stalwarts of TradFi. As the largest exchange-traded product in the crypto space, and with a not insignificant expense ratio of 0.25%, the ETF is pulling in somewhere in the region of $250 million of revenue for its asset manager parent company. As Wigglesworth puts it:

“Anyway, it’s heartwarming to see that one of the companies profiting the most from an anarchical, decentralised invention supposedly designed to reorder the global financial system is... BlackRock.”

Yaël Bizouati-Kennedy10/8/25

Bitcoin ETFs take in more than $2 billion in two days

Bitcoin is down 2.7% from its recent record which saw it passing $126,000, but bitcoin ETFs are still hot.

The ETFs have already amassed more than $2 billion this week, on track to surpass last week’s $3.2 billion in inflows. In total, bitcoin ETFs have just under $165 billion in assets under management, representing 6.78% of the total market cap, SoSoValue data shows.

BlackRock’s iShares Bitcoin Trust by far took the lion’s share, with $1.8 billion of inflows. The fund is also close to $100 billion in assets, despite not even being 2 years old.

Bitwise CEO Matt Hougan said in a note, “The stars are aligned for a very strong Q4 for flows — more than enough to push us to a new record,” in part thanks to the “debasement trade.”

Yaël Bizouati-Kennedy

Uptober

10/7/25

Bitcoin and its spot ETFs continue to hit new records

On Monday, bitcoin crossed $126,000 for the first time while bitcoin ETFs saw $1.2 billion in inflows.

Bitcoin dips as overall crypto market sees red

More Crypto

Solana ETFs listings delayed as JPMorgan predicts the funds to net $1.5 billion in first year

BlackRock’s bitcoin ETF is on the cusp of $100 billion in assets, a milestone it will have achieved in less than two years

Bitcoin ETFs take in more than $2 billion in two days

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