
Bitcoin Whales Move Billions into ETFs Seeking Convenience
Large, long-term Bitcoin holders are moving billions of dollars into spot ETFs, with BlackRock's IBIT fund facilitating over $3 billion of these transfers.
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Large, long-term Bitcoin holders are moving billions of dollars into spot ETFs, with BlackRock's IBIT fund facilitating over $3 billion of these transfers.

Dogecoin is consolidating between $0.20 support and $0.22 resistance, with trading patterns suggesting active accumulation by institutional investors.

Citi plans to launch a crypto custody service by 2026, enabling the bank to hold digital assets like Bitcoin and Ethereum for institutional clients, marking a major step into the digital asset space.

The Texas Municipal Retirement System plans to commit up to $15 billion over five years to a new co-investment program, aiming to save on fees.

Bitcoin ETF inflows are on track to set a new quarterly record, driven by growing institutional access from firms like Morgan Stanley and favorable macro trends.

Recent SEC filings show major hedge funds like Brevan Howard and Millennium Management, along with Harvard's endowment, have invested heavily in BlackRock's Bitcoin ETF.

Solana's price dropped to $192, a 19% decline from its recent peak. Market focus now shifts to an October 10 SEC decision on a spot SOL ETF.