BlackRock’s iShares Bitcoin ETF (IBIT) wins top ETF award and posts massive $643M inflow, its highest since January.
Michael Saylor’s firm adds $555M in Bitcoin, sparking criticism from Peter Schiff, who questions what might happen if such a large stake were ever sold, raising concerns about market impact and liquidity.
A steep drop in U.S. manufacturing activity puts Bitcoin under pressure, but analysts say holding above $83K could keep the bulls in play.
Despite being down YTD, Bitcoin is showing strength as a macro hedge, with analysts targeting $155K inspired by gold's rally.