Yesterday the US Bitcoin spot ETF saw a net outflow of $133 million, while the Ethereum ETF saw a net outflow of $41.8 million
Per Farside Investors data (Feb. 19th), U.S. Bitcoin spot ETFs posted a net outflow of $133.3M yesterday, with:
- BlackRock’s IBIT: -$84.2M
- Fidelity’s FBTC: -$49.1M
Separately, U.S. Ethereum spot ETFs recorded $41.8M in net outflows yesterday, including:
- BlackRock’s ETHA: -$29.9M
- Fidelity’s FETH: -$8.2M
- ProShares’ QETH: -$3.7M
### Notes on American language habits reflected:
1. **Conciseness**: Uses "$X.XM" (million abbreviation) and short verbs ("posted", "recorded") common in financial alerts.
2. **Clarity**: Employs brand possessives ("BlackRock’s IBIT") to link issuers to their ETFs; lists key data with bullet points for readability.
3. **Flow**: Uses "Separately" (instead of "In addition") to transition between asset classes smoothly, a standard practice in U.S. financial news.
4. **Date formatting**: Abbreviates "February" to "Feb." and places dates in parentheses for brevity.
5. **Plurality**: Uses "ETFs" (plural) since multiple funds are refer
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Strategy's current unrealized loss has expanded to $6.7 billion
As of February 19, Arkham data shows Michael Saylor has accumulated $54.52 billion in Bitcoin purchases over five and a half years of continuous buying, with an average holding cost of $76,027. Currently, Bitcoin’s price is 12.4% below that average, leaving Saylor with an unrealized loss of $6.7 billion.
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U.S. Senator: "CLARITY Act" Expected to Pass Before April
February 19th — U.S. Senator Bernie Moreno, a cryptocurrency supporter, says the much-anticipated Clarity Act — which aims to establish a clearer regulatory framework for the U.S. crypto industry — is expected to pass by April.
Coinbase CEO Brian Armstrong joined Moreno for an interview where he noted they’re engaging with representatives from the crypto sector, banking industry, and U.S. Congress at the World Financial Forum (WLF) Crypto Forum to hash out solutions to market structure issues.
“One of the key past sticking points has been interest-bearing stablecoins,” Armstrong stated. The banking sector previously raised concerns that offering interest on stablecoins could undermine traditional banking, leading to deposit and interest outflows from banks. Though Armstrong had reservations about the draft and pulled his support for the Clarity Act in January, he now says: “We have a path forward for a win-win-win — a win for crypto, a win for banks, a win for U.S. consumers — to
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Federal Reserve Study: Prediction Market Kalshi Could Be a Superior Tool for Macroeconomic Forecasting
Feb. 19 — Three Federal Reserve Board researchers argue the prediction market Kalshi outperforms existing tools for real-time macroeconomic expectation tracking and should be integrated into Fed decision-making.
Titled *Kalshi and the Rise of the Macro Market*, the paper was published Feb. 12 by Fed Board Chief Economist Anthony Diercks, Fed Research Assistant Jared Dean Katz, and Johns Hopkins Research Assistant Jonathan Wright.
The study pitted Kalshi’s data against traditional surveys and market-implied forecasts to analyze how market expectations of future economic outcomes shift in response to macro news and policymakers’ remarks.
“Managing expectations is central to modern macroeconomic policy—but the tools we typically rely on (surveys and financial derivatives) have major flaws,” the researchers noted. They added Kalshi captures market “beliefs” directly and in real time, and its market offers a high-frequency, continuously updated, information-rich benchmark useful fo
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Ngai Kit Cheung: Hong Kong will issue the first batch of Stablecoin Issuer Licenses in March, hoping the government will airdrop stablecoins to promote cryptocurrency adoption among all citizens in the city.
On February 19, Hong Kong Legislative Council member Wu Chi-wai said on the “Finance CHAT” program of HOY Information Station 78 that Hong Kong will issue its first batch of stablecoin issuer licenses in March. He hopes the government will promote cryptocurrency adoption among all Hong Kong residents through a stablecoin airdrop.
Wu noted that three years ago, the government’s issuance of HK$10,000 electronic consumption vouchers significantly boosted electronic payments. He suggested that once stablecoin issuers secure licenses, the government could airdrop stablecoins to eligible residents for use in local small and medium-sized enterprise (SME) spending—such as dining, entertainment, and theater outings. The initiative aims to enhance Hong Kong’s status as a Web3 and digital asset hub, achieving both economic stimulus and greater cryptocurrency adoption.
Wu emphasized that this move is not simply the government giving away money, but using stablecoin consumption vouchers to dr
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