Bitcoin ETFs Post $216 Million Net Inflow as Blackrock Offsets Outflows From Fidelity and Ark 21shares
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Bitcoin exchange-traded funds (ETFs) notched their seventh straight day of inflows, closing with a $216 million net gain thanks to Blackrock’s massive inflow. Ether ETFs also stayed in the green with a $11.09 million net inflow, despite sizable exits from Fidelity and Grayscale. Bitcoin ETFs Extend Inflow Streak to 7 Days Despite Heavy Outflows in […]

DDC Raises $528 Million to Buy BTC After Losing Money for at Least Four Years in a Row
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The company’s shares were temporarily halted from trading on the New York Stock Exchange (NYSEAM) in April after its stock price fell below ten cents per share. Can Bitcoin Save DDC? Firm Raises $528M After 4-Year Losing Streak A little-known Asian food company named DDC Enterprise Limited (NYSEAM: DDC) or “DayDayCook” has raised $528 million […]

Bitcoin Bet: Healthcare Firm Prenetics Invests $20M After Market Cap Drops 94%
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Prenetics Global Limited has disclosed plans to establish a corporate bitcoin treasury despite a 94% stock decline since its 2022 public debut. Prenetics Allocates to Bitcoin The Nasdaq-listed health sciences company purchased $20 million worth of bitcoin (187.42 BTC at $106,712/ BTC) via Kraken, it announced on June 18. The move follows a 1-for-15 reverse […]