Bitcoin, Ethereum ETFs Bleed as Crypto Funds Shed $1.07 Billion, Ending 6-Week Win Streak
Bitcoin ETFs bore the brunt of a geopolitically driven sell-off, CoinShares said, though altcoin funds largely held their ground.
Bitcoin News·
Bitcoin trades between $76,900 to $77,465 on May 18, 2026, at 9:40 a.m. ET as traders assess mixed technical signals across multiple timeframes. While broader trend structure remains constructive above major support zones, short-term momentum indicators continue to reflect a cautious tone amid resistance near the $78,400 area. Bitcoin Chart Outlook On the 1-hour chart, […]
Read full articleBitcoin ETFs bore the brunt of a geopolitically driven sell-off, CoinShares said, though altcoin funds largely held their ground.
Goldman's shift highlights a growing institutional preference for Bitcoin over altcoins, potentially reshaping crypto investment dynamics. The post Goldman Sachs dumps XRP and Solana ETFs entirely, doubles down on Bitcoin appeared first on Crypto Briefing.
Strategy purchased 24,869 Bitcoin last week for $2 billion, channeling billions of dollars that came from its flagship preferred stock.
Goldman's shift towards Bitcoin and regulated blockchain firms highlights a trend of institutional preference for more stable crypto investments. The post Goldman Sachs exits XRP and Solana ETFs, raises Bitcoin call options stake appeared first on Crypto Briefing.
Bitcoin rallied from the high-$60Ks into a local peak above $82K before momentum faded, with price now rolling over into a steady pullback toward the mid-$77K range as sellers regain short-term control.
Crypto ETPs lost $1.07B last week as Bitcoin shed $982M and Ethereum lost $249M, while XRP and Solana still drew inflows.
Bitcoin's brutal sell-off may continue as panic spreads from long-term holders to short-term traders across markets.
Michael Saylor’s Strategy bought 24,869 Bitcoin for $2.01 billion last week, lifting holdings to 843,738 BTC as STRC sales funded around 97% of the acquisition.