Wells Fargo increased its exposure to ether ETFs and sharply expanded its position in Strategy during the first quarter, while trimming some bitcoin ETF holdings and significantly reducing its stake in Galaxy Digital. Bitcoin ETF Holdings Trimmed by Wells Fargo as Ether Exposure Grows Wells Fargo adjusted its crypto-related portfolio in the first quarter of […]
The post BlackRock dumps over $170m of these two cryptocurrencies in a day appeared on BitcoinEthereumNews.com.
BlackRock Inc. (NYSE: BLK) accelerated its Bitcoin (BTC) and Ethereum (ETH) sell-off on May 13 amid rising risk of crypto capitulation. BlackRock deposited 861 BTC, worth approximately $69.59 million, to Coinbase Prime on Wednesday, according to on-chain data from Arkham Intelligence. Additionally, the management firm sent 44,691 ETH, valued at around $103.15 million, to Coinbase Prime. On-chain analysis for BlackRock’s BTC and ETH. Source: Arkham Intelligence As such, BlackRock dumped $172.68 million in crypto assets, thereby signaling a rising institutional shift. Furthermore, BlackRock’s iShares Bitcoin Trust (IBIT) has now recorded 5 consecutive days of cash outflows totaling $235.21 million, bringing its total assets to $66.27 billion at the time of publication. IBIT daily inflows. Source: SoSoValue Similarly, BlackRock’s iShares Ethereum Trust (ETHA) has recorded low de
The post Why Jane Street Slashed Its Strategy MSTR Holdings by 78%? appeared on BitcoinEthereumNews.com.
Jane Street reduced several major Bitcoin-linked holdings during the first quarter of 2026 while adding exposure to Ether exchange-traded funds and selected crypto equities, according to its latest 13F filing. The Wall Street trading firm sharply cut positions in two leading spot Bitcoin ETFs after building large exposure during late 2025. Its holding in BlackRock’s iShares Bitcoin Trust fell about 71% quarter-over-quarter to roughly 5.9 million shares, valued near $225 million at the end of March. Jane Street also reduced its stake in Fidelity’s Wise Origin Bitcoin Fund by about 60%, ending the quarter with around 2 million shares worth nearly $115 million. The filing showed a broad reduction in reportable Bitcoin ETF exposure during a period of volatile crypto and equity markets. The firm also lowered its position in Strategy, the Bitcoin treasury company led by Michael Saylor. Ja
Jane Street has reduced several major Bitcoin-linked holdings during the first quarter of 2026 while adding to its exposure across Ether ETFs and selected crypto equities. According to a 13F filing released Tuesday, the Wall Street trading firm sharply lowered…
OpenAI's secondary share sales highlight the growing trend of private companies leveraging employee equity to maintain talent and drive valuations.
The post OpenAI employees sell up to $30M in shares amid AI boom appeared first on Crypto Briefing.
The misinterpretation of Fink's comments highlights the challenges of investing in unstable economies and the importance of accurate information.
The post BlackRock CEO Larry Fink’s alleged bullishness on Venezuela doesn’t hold up to scrutiny appeared first on Crypto Briefing.
The post CLARITY Act: Galaxy’s Alex Thorn Reveals Secret To Securing Bipartisan Support appeared on BitcoinEthereumNews.com.
Galaxy Digital’s Alex Thorn says the newest edition of the CLARITY Act could get a much-needed bipartisan boost. For this, he spotlighted a surprising addition with Senators John Kennedy and Elizabeth Warren. Alex Thorn Reveals How CLARITY Act Could Get Bipartisan Backing The U.S. Senate Banking Committee on Tuesday released the entire text of the CLARITY Act. In the draft, Thorn noted that the addition of the “Build Now Act” could help garner more bipartisan political support before this week’s markup. Thorn outlined each of these changes in a series of posts on X. He mentioned notable updates to a variety of sections of the proposed plan. These include new powers for the SEC, definition of DeFi, provisions on insider trading, and the bankruptcy regulations for crypto companies. In addition, he noted that the CLARITY Act has specifically added Section 904, the ‘
