The post Wells Fargo Sells 75,102 IBIT Shares, Trims Bitcoin ETF Exposure appeared on BitcoinEthereumNews.com.
Bitcoin News Wells Fargo has trimmed its direct Bitcoin (BTC) ETF exposure, selling 75,102 shares of BlackRock’s iShares Bitcoin Trust while cutting stakes across Invesco, ARK 21Shares and Fidelity spot Bitcoin funds. The moves surfaced in the bank’s latest 13F filing (SEC EDGAR), the quarterly disclosure large managers submit on their holdings. The roughly $2.5 trillion institution did not exit Bitcoin entirely, but our reading of the filing points to a more defensive posture on an asset it once held as a core position. The rebalancing arrived alongside heavier put-option exposure on IBIT, signaling downside hedging rather than an outright retreat from the market. The same disclosure shows the bank leaned harder into Bitcoin-proxy equities. Wells Fargo lifted its stake in Strategy — the treasury firm formerly known as MicroStrategy that holds a large Bitcoin reserve — by 125%
The post Zcash (ZEC) Surges 28% in Volume, Beating Bitcoin, Ethereum and Hyperliquid appeared on BitcoinEthereumNews.com.
Traders are back at it Zcash’s unexpected recovery One of the most actively traded assets in the cryptocurrency market is ZCash. ZEC has quietly reported one of the biggest volume expansions among major digital assets, with trading activity rising by more than 28 percent over the past 24 hours, while Bitcoin and Ethereum continue to dominate headlines. Traders are back at it Derivatives market data shows that ZEC’s trading volume increased by about 32%, greatly outpacing both Ethereum’s volume decline of almost 10% and Bitcoin’s roughly 5% increase during the same period. After weeks of comparatively quiet activity, the spike puts ZCash among the best-performing assets in terms of market participation, indicating a resurgence of trader interest. The volume increase is not happening in a vacuum. ZEC/USDT Chart by TradingView ZEC has extended a recovery that started
The post Grayscale CFO Exits After 7 Years Amid Bitcoin ETF Battle appeared on BitcoinEthereumNews.com.
The departure of a chief financial officer after a seven-year stint rarely happens in a vacuum. At Grayscale, it lands at a particularly fragile moment. Edward McGee has stepped down, as reported by the original CoinDesk report, joining a small but growing exodus from the crypto asset manager’s senior ranks. Weeks earlier, distribution chief John Hoffman left for Ondo Finance, the tokenized real-world asset platform. The exits are not merely personnel updates. They chip away at the leadership bench that guides the world’s largest cryptocurrency trust through its most consequential regulatory hurdle: the lawsuit against the U.S. Securities and Exchange Commission over the conversion of the Grayscale Bitcoin Trust (GBTC) into a spot ETF. The Timing Is the Story A CFO departure always draws attention, but McGee’s exit lands in the middle of a high-stakes legal fight that could define Gr
The post Bitcoin, Ethereum Options Worth $1.75B Expire appeared on BitcoinEthereumNews.com.
The post Bitcoin, Ethereum Options Worth $1.75B Expire appeared first on Coinpedia Fintech News Options contracts tied to Bitcoin and Ethereum worth about $1.75 billion expired today, a move that could increase short-term market volatility. Around 23,000 Bitcoin options, valued at $1.5 billion, expired with a put-call ratio of 0.97 and a maximum pain price of $62,000. Meanwhile, roughly 140,000 Ethereum options, worth $250 million, also expired, carrying a … Source: https://coinpedia.org/crypto-live-news/bitcoin-ethereum-options-worth-1-75b-expire/
The post Treasury Transfers ≠ Selling: How to Read Bitcoin Flows appeared on BitcoinEthereumNews.com.
You see a massive Bitcoin transfer hit the chain. A treasury wallet shuffles coins. Twitter lights up. Everyone yells sell. But there is no spike in exchange inflows. So what actually happened? This piece is a playbook for reading treasury-sized moves without getting trapped by scary-looking transactions. We will break down why coins move, how to check if it is heading toward market liquidity, and what signals matter more than a single splashy transaction. The short version: movement is not intent. Coins can shift for security, accounting, or settlement reasons without touching an order book. Let’s get precise.
Aspect
What to Know
Exchange flows vs. internal moves
Only deposits to known exchange clusters add immediate sell pressure. Internal or custodian hops do not.
Common non-selling reasons
Custody migration, multi-sig rotation, UTXO consolidation, OTC se
The post Japan’s ‘invest locally’ plan likely to spur demand for assets like bitcoin (BTC), gold: Crypto Daily appeared on BitcoinEthereumNews.com.
This hidden form of taxation, first used by nations after World War II, allows authorities to finance deficits cheaply, gradually erode the real value of the debt burden through moderate inflation, and avoid the relatively damaging alternatives of outright default or severe austerity. (Other indebted nations like the U.S., U.K. and European countries may do the same soon enough.) Such an environment creates a strong incentive to seek assets with limited supply that may preserve purchasing power, such as bitcoin and gold. BTC has already proved its mettle: Housing prices measured in bitcoin look far cheaper than in dollars. But there’s a near-term risk worth noting. The GPIF holds $931 billion in foreign assets, including $232.1 billion in U.S. Treasuries. A slight diversion of capital to local assets may create jitters on Wall Street, pote
The post Metaplanet and partners open joint study into Bitcoin-backed digital credit appeared on BitcoinEthereumNews.com.
Metaplanet (TYO: 3350), Japan’s largest corporate Bitcoin holder, has started a joint study with three partners into Bitcoin-backed credit instruments. The Bitcoin treasury company made this known via its X account, releasing a “Notice of Commencement of a Joint Study in the Digital Credit Domain Utilizing $BTC, $JPYC, and Security Tokens.” The study groups Metaplanet with its brokerage arm Metaplanet Securities, yen-stablecoin issuer JPYC, and digital securities platform Progmat. Progmat published its own release on the collaboration the same day. The four entities are examining how Bitcoin (BTC), the JPYC stablecoin, and security tokens could combine into a blockchain-based system for issuing and managing credit products such as corporate bonds. What would the study model do? Each asset plays a unique role in the proposed structure, with Bitcoin sitting as colla
The post Metaplanet, JPYC study Bitcoin-backed credit products appeared on BitcoinEthereumNews.com.
Metaplanet has started a joint study into Bitcoin-backed digital credit products with stablecoin issuer JPYC, tokenization company Progmat and its securities arm in Japan. Summary Metaplanet will study Bitcoin-backed credit using JPYC settlement and Progmat’s security token infrastructure in Japan. No product has launched, while issuance timing, yields, terms, and distribution methods remain undecided. Project Nova seeks to turn Metaplanet’s Bitcoin treasury into collateral for regulated digital credit products. The study will assess whether Bitcoin can support digital corporate bonds and other credit products as collateral or a credit-enhancement asset. However, the companies said they have not decided to issue any product. Metaplanet studies Bitcoin-backed digital credit According to Metaplanet’s July 10 announcement, the four companies will study product design, regulation, investor p