BTCOInvesco Galaxy Bitcoin ETF Beneficial Interest

As per Kaiko Research, the defensive positioning in bitcoin has not been reached yet.

Piper Sandler cited softer cryptocurrency trading volumes, the end of the football season weighing on prediction market revenue, and rising doubts about the momentum of retail trading as reasons for the downtrend.

Bitcoin's dive below $96K and sharp ETF outflows put funds like IBIT and FBTC in focus as investors reassess exposure amid a confirmed bear regime.

Investing.com -- Wells Fargo says Bitcoin is entering an “institutional phase,” marked by the emergence of a new category of companies—what it calls “Bitcoin Treasury Corps”—that are using capital markets to amass large Bitcoin holdings.

Investing.com -- GameStop Corp (NYSE:GME) shares climbed over 2%, but pared back some gains premarket Wednesday, after the video game retailer disclosed a $513 million investment in bitcoin, a significant step in its strategy to diversify assets and strengthen its balance sheet. The company announced the acquisition of approximately 4,710 bitcoins in a regulatory filing, though it did not detail the timing of the purchases.

Investing.com-- Circle Internet is seeing strong demand for its initial public offering, Bloomberg reported on Tuesday, as the stablecoin issuer benefited from improving sentiment around crypto on hopes of friendlier U.S. legislation. 

Investing.com-- The largest U.S. banks are in early discussions to launch a joint stablecoin, aiming to counter the growing competition from the cryptocurrency industry, The Wall Street Journal reported on Thursday, citing people familiar with the matter.

President Donald Trump confirmed Monday that tariffs on Mexico, and Canada are set to go ahead on Tuesday as both nations have now run out of room to negotiate a deal.

Investing.com -- Standard Chartered maintained its $500,000 Bitcoin price target, citing an evolving investor landscape that includes institutional, bank, and now sovereign buyers.