News
Significance:
7/10

The Daily: US government bitcoin holdings surge to $36 billion, crypto ETFs see $755M in outflows after market wipeout, and more

https://www.theblock.co/post/374636/the-daily-us-government-bitcoin-holdings-surge-to-36-billion-crypto-etfs-see-755m-in-outflows-after-market-wipeout-and-more

James Hunt

Mentions

Regions

Code
Name
US
🇺🇸United States
BH
🇧🇭BH

Sentiments

Target
Sentiment
Comment
Bearish
Bitcoin dropped back below $113,000 and ETFs saw significant outflows.
Bearish
Ethereum ETFs faced steeper pressure with $428.5 million in net outflows.
Bearish
Metaplanet's mNAV fell to 0.99, marking the first time its enterprise value dropped below its bitcoin holdings.
🇺🇸
United States
Bullish
U.S. government's bitcoin reserves surged to $36 billion.
🇧🇭
BH
Bullish
Bhutan is migrating its national digital identity system to Ethereum.