LETMining

Founded in 2021, LETMining is an innovative platform focusing on cryptocurrency mining, computing power leasing and blockchain financial services.

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Eric Trump Says Now Is a Great Time to Buy Bitcoin Amid Crypto Crash

Bitcoin’s latest pullback is being framed as a major opportunity, with Eric calling the moment “a great time to buy Bitcoin” and describing the asset as “the greatest of our time.”

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Metaplanet Rejects ETF Competition, Defends Active Bitcoin Strategy

Metaplanet CEO Simon Gerovich has dismissed claims that U.S. Bitcoin ETFs will weaken the company’s strategy. He said the comparison is inaccurate and misunderstands what the firm is trying to build. His comments come as online discussions question whether institutional ETF inflows could overshadow Metaplanet’s approach to Bitcoin exposure.

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Kalshi Sees Nearly 50-Day Shutdown As Bitcoin Now Mirrors Nasdaq

The ongoing government shutdown outlook has jumped significantly on Kalshi. Bitcoin’s correlation with the Nasdaq has tightened as ETF data shows that long-term investors didn’t panic during the selloff.

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Bitcoin Price Crashes Below $100K Even as Trade Tensions Subside

The Bitcoin price has plummeted to below $100,000 even as trade tensions between the U.S. and China cool off. This is particularly the lowest it has been since June.

Bitcoin Crashes Despite Bullish Fundamentals
The Bitcoin crash has resulted in the removal of the token’s earlier gains since June. The token fell by more than 5% to $99,980 on Tuesday. This indicates a 20% depreciation from the high reached last month. It officially placed Bitcoin in bear market territory.

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Will Bitcoin Rally as JPMorgan Tips Fed To End QT at FOMC Meeting?

Bitcoin traders are turning their attention to this week’s Federal Open Market Committee (FOMC) meeting. Major banks are expecting a potential policy shift from the U.S. Federal Reserve.

Analyst See Bitcoin Breakout as Fed QT End Nears
On-chain analyst Maartunn observed that Bitcoin’s volatility has dropped sharply over recent days. Data from CryptoQuant shows Bitcoin’s intraday price movement narrowing to just 2% on October 21 and 3% on October 22.

Maartunn stated that the existing setup is a precursor to a storm. He explained that the minimal activity and weak momentum is because traders are waiting for any event that could influence the market massively.

The analyst observed that it is a ‘typical squeeze’, which occurs in advance of big market breaks. Analysts have also started to view the current setup as a major bottom signal, with some urging investors to sell gold and buy Bitcoin.

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JPMorgan Chase & Co. plans to allow institutional clients to use their Bitcoin and Ether holdings as collateral for loans by the end of the year, significantly deepening Wall Street's cryptocurrency integration.

The plan, rolled out globally, will rely on third-party custodians to safeguard the pledged tokens, according to people familiar with the matter. The initiative builds on JPMorgan's previous acceptance of cryptocurrency-linked ETFs as collateral.

The expansion highlights how quickly cryptocurrencies are being integrated into the core plumbing of the financial system. With Bitcoin's surge this year and the Trump administration's easing of regulatory barriers, major banks are beginning to integrate digital assets more deeply into their lending systems.

For JPMorgan, this is both a symbolic and functional shift: JPMorgan CEO Jamie Dimon, who previously dismissed Bitcoin as a "hyped scam" or a "pet rock," no longer views cryptocurrencies as a fringe bet. Instead, they will be used as collateral for loans, just like stocks, bonds, gold, and other common assets.

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DOJ Files $15B BTC Forfeiture Order, Potentially Boosting U.S. Bitcoin Reserves

The U.S. Department of Justice (DOJ) is seeking to gain ownership of up to $15 billion worth of BTC, which it seized from a crypto fraud scheme. This would boost the U.S. government’s Bitcoin reserves and comes amid the push to establish the Strategic BTC reserve.

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Trump Emerges as a $870 Million Bitcoin Whale Amid Historic Crypto Market Meltdown

President Donald Trump has quietly become one of the world’s largest Bitcoin (BTC) holders, even as the crypto market faces a historic meltdown. The revelation comes as Bitcoin and the broader crypto market struggle through one of their steepest declines in recent years.

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Bitcoin Tops $126,000 as Market Prices In Three-Week U.S. Government Shutdown

Bitcoin has reached a new all-time high (ATH), extending its current rally, which began at the start of October. This comes as market participants price in an extended U.S. government shutdown, which could last up to three weeks.

Bitcoin Reaches New ATH As U.S. Government Shutdown Persists
TradingView data shows that the flagship crypto has reached a new all-time high, trading above its previous ATH of $125,500, which it set yesterday. BTC is currently trading at around $126,000, up over 2% in the last 24 hours.

The Bitcoin rally to a new ATH comes as market participants price in an extended U.S. government shutdown. Polymarket data shows that there is currently a 72% chance that the shutdown will end by October 15 or later.

The U.S. government shutdown began on October 1, which coincided with the BTC price‘s surge from around $114,000. The flagship crypto is up almost 10% since the start of this month.

Investors are believed to be piling into Bitcoin as a safe-haven asset in what is now known as the ‘debasement trade’ to hedge against the current economic uncertainty. Notably, the shutdown has withheld key economic data releases, which has also had investors on edge.

As CoinGape reported, thanks to this debasement trade, the Bitcoin ETFs recorded their second-largest weekly inflows last week, taking in $3.24 billion. This marked a turnaround, as these funds had experienced mixed flows for some time.

How High Can The BTC Rally Extend?
Standard Chartered has predicted that this current BTC rally could lead to a surge to $135,000 soon, even as the shutdown persists. The banking giant also expects the flagship crypto to reach $200,000 by year-end, thanks to the ETF boom.

Polymarket data shows that there is a 68% chance that Bitcoin will hit $130,000 this month and a 38% chance that it will reach $135,000, as Standard Chartered predicted. Meanwhile, there is a 9% chance that BTC will hit $150,000, which will mark a historic milestone.

Crypto analyst Titan of Crypto predicted that BTC could rally above $135,000 this month. He noted that the flagship crypto is grinding up a channel, with the trend pointing to a rally above the $135,000 target before the end of this month.

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Bitcoin ETFs See 2025 Record Weekly Inflows of $3.2B as BTC Eyes New ATH

The Bitcoin ETFs have seen a huge turnaround this week, recording their largest weekly inflows of 2025 after a period of mixed flows into these funds. This comes as the BTC price eyes a new all-time high (ATH) following a monstrous rally to begin ‘Uptober.’

Bitcoin ETFs Take In Over $3 Billion This Week
According to SosoValue data, these funds saw $3.24 billion in net inflows this week, marking their largest weekly inflows this year. It is also their second-largest weekly inflows since they launched last year, with the week ending November 22 ($3.38 billion) the only one that tops this.

CoinGape had earlier reported how these Bitcoin ETFs recorded $2.2 billion in weekly inflows between Monday and Thursday this week. These funds then went on to take in an additional $985 million on Friday, totaling $3.24 billion for the week.

It is worth mentioning that the daily net inflow of $985 million recorded on Friday is the second-largest daily inflow, only behind the $987 million they took in on January 6 at the start of the year. Meanwhile, this record week follows the $902 million in weekly net outflows they recorded last week.

The record Bitcoin ETFs’ weekly inflows also coincide with the notable rally in the BTC price to start this month. The flagship crypto is already up over 7% in October, a month that is BTC’s second-best-performing month based on historical data.

BTC Eyes New All-Time High
Thanks to this rally, Bitcoin is now trading just below its current all-time high (ATH) of $124,400, rallying to as high as $124,000 yesterday. The inflows into the BTC funds are believed to have contributed to the current bullish momentum.

In addition to the Bitcoin ETF inflows, the market also looks to be pricing in the possibility of another Fed rate cut this month at the upcoming FOMC meeting. The odds of a rate cut have risen above 90% following the lower-than-expected ADP jobs report, which dropped earlier this week.

Meanwhile, as JPMorgan analysts highlighted, there is the ongoing ‘debasement trade,’ with investors moving to BTC and gold as a hedge against inflation and macro uncertainties, including the ongoing U.S. government shutdown. The banking giant predicts that Bitcoin could still rally to $165,000 by year-end.

Standard Chartered predicted that BTC will soon reach $135,000, driven by the Bitcoin ETF boom, as more institutional investors move to the flagship crypto as a hedge. The bank also predicts that Bitcoin could reach $200,000 by the end of the year.

Citigroup gave a more conservative forecast, predicting that Bitcoin will rally to $132,000 by year-end. They expect the positive flows into BTC to continue, as more institutional investors and financial advisors initiate crypto investments.

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BlackRock Now Holds 3.8% of Bitcoin Supply; Bloomberg Analyst Explains Why It’s ‘Extraordinary’

The world’s largest asset manager, BlackRock, now holds 3.8% of the total Bitcoin supply through its iShares Bitcoin Trust ETF (IBIT). Bloomberg analyst Eric Balchunas has described this development as wild, noting that Equity ETFs cannot match this stat despite being significantly older than IBIT.

‘Bonkers:’ Expert Comments On BlackRock’s Ownership of 3.8% BTC Supply
In an X post, Balchunas described IBIT’s ownership of 3.8% of Bitcoin’s supply as bonkers. He explained that an equity ETF would need to have $2.2 trillion in assets to have a similar ownership stake in its underlying asset class. The Bloomberg analyst gave an example of how SPY owns 1.1% of most stocks, and it is 32 years old, while IBIT is still a ‘toddler’.

The BlackRock Bitcoin ETF launched just last year and has $87.7 billion in net assets, representing 3.8% of BTC’s total supply. Notably, the asset manager just filed to amend its IBIT ETF under the new generic listings standard, which could help boost the fund’s operation and contribute to an increase in net assets.

Meanwhile, Balchunas had earlier highlighted the collective success of the Bitcoin ETFs. He revealed that they took in $7.8 billion in the third quarter of this year, and their net inflows now stand at $21.5 billion year-to-date (YTD) and $57 billion since they launched.

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Galaxy Digital CEO Calls Next Fed Chair Bitcoin’s Bull Catalyst, Sets $200K BTC Target

Galaxy Digital’s CEO believes that the appointment of the next Fed chair could trigger Bitcoin to new heights. He further projected BTC could hit the $200,000 mark in this bull cycle.

Fed Chair Nominee Could Define Bitcoin’s Next Big Rally
In a recent interview with Kyle Chasse, Galaxy Digital CEO Mike Novogratz said the choice of the next Fed Chair to replace Jerome Powell may become “the biggest bull catalyst for Bitcoin and the rest of crypto.”

According to him, if the incoming leader adopts an aggressively dovish stance, it could set off a parabolic rally across markets. This could drive both gold and the token sharply higher.

“Can Bitcoin get to $200K? Of course it could,” Novogratz declared, pointing out that such a move would fundamentally change how BTC is perceived. However, he cautioned that the following economic trade-off could be severe.

Earlier this month, President Donald Trump confirmed Fed chair nominees he is considering to succeed Powell. This includes Kevin Hassett, former Fed Governor Kevin Warsh, and current Fed Governor Chris Waller. Treasury Secretary Scott Bessent was also mentioned, though he has signaled no interest in the role.

The Galaxy CEO emphasized that while markets may anticipate a dovish pick, confirmation will only come once the appointment is made. “I don’t think the market will buy that Trump’s going to do the crazy, until he does the crazy,” Novogratz said.

Bold BTC $200K Ambition Despite Market Decline
There has been downward pressure on the Bitcoin price, and the cryptocurrency market has been in a bearish phase. The coin is currently trading close to $109,000, following a 6% drop in the previous week.

This downturn could be attributed to several factors. For example, Jerome Powell cooled further rate cut expectations for this year. Bullish sentiment was tempered when the Fed Chair emphasized at an economic outlook luncheon that policy remains data-dependent and not predetermined.

Novogratz acknowledged that a dovish pivot might help BTC in the short run, but warned it could come at the cost of the Fed’s independence. He described the outcome as “really shitty for America.”

Adding to the turbulence, the crypto market liquidations totaled more than $1.1 billion this week. Ethereum led the altcoin selloff with $409 million in liquidations, followed by Bitcoin with $272 million.

Traders are also bracing for a massive Bitcoin options expiry worth $17 billion tied to its contracts on Deribit alone. A slightly bearish slant is indicated by the put-call ratio of 0.75.

Despite this, the Galaxy Digital CEO maintains that the token could change sentiment overnight if a dovish Fed Chair is appointed.

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BlackRock Loads Up on Bitcoin, Files For Premium ETF to Increase BTC Yield

BlackRock has purchased $77 million for its BTC holdings through its flagship iShares Bitcoin Trust (IBIT). This comes as they also filed for a Premium ETF designed to deliver yield alongside price exposure.

BlackRock Steps Up BTC Accumulation Despite Downturn
SoSoValue data confirms that BlackRock recently purchased 703.7 BTC, worth $79 million, through its IBIT Bitcoin ETF. The acquisition continues to accumulate despite the recent market downturn.

The crypto market has been witnessing a downturn in the derivatives market. As CoinGape previously reported, about $17 billion in Bitcoin options are set to expire on Deribit, with 152,000 BTC contracts at stake. The put-to-call ratio stands at 0.75, reflecting mildly bearish sentiment,

Traders are betting on potential downside pressure, though the coin’s current trading price remains above $111,000. This backdrop makes the firm’s sustained accumulation all the more notable, as institutional inflows appear to counterbalance short-term market pessimism.

The new purchase involved multiple transfers of approximately 300 BTC each. The funds were routed through Coinbase Prime. Arkham Intelligence had reported yesterday that the firm added more than $125 million worth of the coin in separate transactions.

Notably, the asset manager appears to favor Bitcoin over Ethereum. In previous transactions, BlackRock dumped ETH to purchase more BTC. The move resulted in $366.2 million in net inflows for the pioneer cryptocurrency, while its iShares Ethereum Trust reported $17.39 million in outflows.

BlackRock Files for “Premium” Bitcoin ETF
In a significant development, the company has filed to launch the iShares Bitcoin Premium ETF. The fund is designed to generate income from its exposure through covered call strategies. Unlike IBIT, which simply tracks the coin’s price, the new product aims to provide a steady yield for income-focused investors.

Bloomberg analyst Eric Balchunas described it as a “sequel” to IBIT. He suggested it reflects the company’s intent to expand its suite rather than diversify into a broad mix of altcoins. The company also framed the product as a way for investors to benefit from the coin while reducing volatility.

This follows the success of its iShares exchange-traded product. The IBIT ETF became the fastest ETF in history to hit $80 billion in assets under management. Achieved within just 374 days, IBIT shattered the previous record set by Vanguard’s S&P 500 ETF. This product took nearly five years to reach the same milestone.

Furthermore, the firm’s success has encouraged it to expand deeper. Reports suggest that BlackRock will tokenize ETFs on-chain. The company plans to use blockchain to represent traditional assets, such as equities, in a tokenized form.

However, the firm has faced setbacks in other products. The U.S. SEC delayed its ETH ETF staking request. The regulator extended its review period to October 30, leaving uncertainty around next steps.

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Just-In: Bhutan Govt Moves Another $47M in BTC Amid Rising Selling Pressure

The Bhutan government transferred an additional 419.5 BTC on Wednesday, raising concerns about rising selling pressure in the crypto market. This comes following $107 million in Bitcoin moved to a wallet by the Bhutan government last week as the U.S. Federal Reserve resumed rate cuts.

The Royal Government of Bhutan Transfers $47M Bitcoin
Lookonchain reported on September 24 that the Royal Government of Bhutan just transferred another 419.5 BTC worth $47.23 million. This was the second consecutive week of transfer by the nation, indicating outflows are rising after the US Federal Reserve delivered its first interest rate cut of 2025.

Last week, the Bhutan government-labeled wallet transferred 913 BTC worth nearly $107 million to two new wallet addresses. According to Arkham data, the wallet has sold a small portion of BTC holdings to Binance in the last few months, while adding Bitcoin and other crypto assets through mining.

The Royal Government of Bhutan’s original wallet still holds 9,232 BTC, which is valued at $1.04 billion at the current market price.

Bearish Sentiment in Crypto Market
10x Research, Matrixport, and other experts have predicted a fall in BTC price. The $109,899 level is an inflection point to watch amid negative sentiment among options traders, whales, and spot Bitcoin ETF investors.

Fed Chair Jerome Powell’s slightly hawkish remarks tempered expectations for further rate cuts this year, warning that uncertainty surrounding the path of inflation remains high. He joined other Fed officials to deny the need for aggressive rate cuts. Newly appointed Fed Governor Stephen Miran is the only one favoring a 50 bps cut.

Multiple headwinds likely led the Bhutan government to pick up pace in liquidating its Bitcoin holdings.

BTC Price Stays Near $112K
BTC is trading at $112,550, down 0.2% in the last 24 hours. The 24-hour low and high are $111,229 and $113,351, respectively. Trading volume has dropped further by 13% in the last 24 hours, indicating a decline in interest among traders.

CoinGlass data showed mixed sentiment in the derivatives market. At the time of writing, the total Bitcoin futures open interest jumped 0.06% to $81.69 billion in the last 24 hours. Bitcoin futures OI on CME fell 1.85% and climbed 0.22% on Binance. This signals cautious trading among derivatives traders.

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Vivek Ramaswamy’s Strive to Acquire Bitcoin Treasury Firm Semler Scientific

Strive, Inc., the investment firm co-founded by Vivek Ramaswamy, has announced plans to acquire Semler Scientific in an all-stock deal. The agreement highlights the growing role of Bitcoin in corporate balance sheets and sets up Strive as one of the largest public holders of the cryptocurrency.

Strive Seals Semler Merger Deal, Buys $675 Million in Bitcoin
According to the press release, the deal gives Semler shareholders about $90.52 per share, which is 210% higher than the stock’s last market price. Each share of Semler will be converted into 21.05 shares of Strive Class A stock. The boards of both companies have unanimously approved the deal. However, it still requires customary closing conditions before completion.

Alongside the merger announcement, Strive disclosed a purchase of 5,816 Bitcoin (BTC) at an average price of about $116,000 each. That transaction cost roughly $675 million, pushing Strive’s Bitcoin reserves to 5,886 coins.

Once the merger closes, the combined firm will control over 10,900 Bitcoin, making it one of the fastest-growing corporate holders of the asset. Similar moves were seen with Metaplanet, which recently gained shareholders’ approval to increase its Bitcoin treasury with $884 million purchase.

Strive executives said the new company will operate with a preferred-equity model rather than traditional debt financing. This structure is designed to reduce risks tied to debt maturities while accelerating Bitcoin accumulation. “This merger cements Strive’s position as a top Bitcoin treasury company,” said Strive CEO Matt Cole. He added that the combined company’s strategy is to grow Bitcoin per share faster than Bitcoin itself.

Strive-Semler Merger Bridges Medical Tech with a Bitcoin Treasury
The deal means shareholders of Semler Scientific gain direct exposure to one of the most aggressive Bitcoin acquisition platforms in the market. Eric Semler, executive chairman of Semler Scientific, said the merger also provides room to expand its healthcare arm.

The company is known for its QuantaFlo device, used in detecting peripheral arterial disease. Also, it intends to grow its preventative diagnostics business alongside the Bitcoin strategy.

Financial advisors on the transaction include Cantor Fitzgerald for Strive and LionTree Advisors for Semler. Davis Polk & Wardwell LLP and Goodwin Procter LLP are serving as legal counsel to Strive and Semler, respectively.

The merger further proves that corporations now consider Bitcoin as a strategic investment and not a speculative asset. This trend is reinforced by Michael Saylor’s Strategy which continues to buy more Bitcoin.

If the closing conditions are met, this will create a company that blends Bitcoin treasury growth with medical diagnostics. The closing timeline has not yet been confirmed. The move signals how aggressively Strive, under Ramaswamy’s influence, is betting on Bitcoin as a foundation for long-term corporate value.

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$250 Trillion Could Flow Into Bitcoin If Bond Markets Collapse, Max Keiser Predicts

Bitcoin maximalist Max Keiser has made a bold prediction regarding how much could flow into the BTC ecosystem if the bond markets collapse. The expert also alluded to the increase in money printing and why the flagship crypto remains the best hedge against a potential economic downturn.

How $250 Trillion Could Flow Into The Bitcoin Ecosystem
In an X post, Max Keiser warned that the global source of cheap funds for 30 years, Japan, is cracking, with its bond yields reaching new highs. He further remarked that if a bond-selling avalanche contagion were to go global, then $250 trillion in capital could migrate into the BTC ecosystem.

Keiser’s Bitcoin prediction followed a post by market commentator The Kobeissi Letter, in which they highlighted how Japan’s stock market had fallen by 2.5% as Japanese bond yields extended their run into record territory. They declared that Japan is just a glimpse of what will happen to the U.S. if it doesn’t solve its deficit spending crisis.

Notably, the Trump administration passed the “One Big Beautiful Bill” earlier this year, which raised concerns that it could add up to $3 trillion to the country’s rising debt. Back then, Max Keiser predicted that the BTC rally to $2.2 million was imminent with the passing of the tax-cutting bill.

Meanwhile, BitMEX Co-founder Arthur Hayes recently opined that the money-printing cycle has just begun and that he expects not only the U.S. but also other governments to print more money in massive proportions. This is one of the reasons he predicted that the Bitcoin bull cycle may extend to 2026.

BTC Is The Hedge Against Money Printing
In another X post, Max Keiser indicated that Bitcoin is the best hedge against money printing. This comes just as the Fed cut rates by 25 basis points (bps), the first cut this year. He noted that this is part of the plan in DC to accelerate money printing, so that the economic imbalances will increase and social cohesion will collapse.

He advised investors to opt out of this financial norm by investing in BTC. The Bitcoin maximalist also highlighted how, over the past 45 years, the economy has become increasingly financialized and securitized, which has tilted the playing field in favor of those closest to the money printer.

Keiser was reacting to a statistic that the top 1% of U.S. earners now have more wealth than the entire middle class. He remarked that the bottom 99% are rightfully upset as “fiat money scammers” have rug-pulled them. Unlike fiat, the expert believes that the flagship crypto helps level the playing field and preserve wealth.

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Will Bitcoin Reclaim $120K as Options Bulls Target $125K Highs Post-FOMC?

Bitcoin options traders are bullish about Bitcoin reclaiming $120K after the FOMC meeting, despite the current volatility in markets. The crypto market awaits the Fed Interest Rate Decision and the FOMC Economic Projection release due later today for cues on market direction.

Bitcoin Options Bulls Target $120K Strike Price After FOMC Meeting
Bitcoin options traders are extremely upbeat on a rally after the FOMC meeting. The sentiment is driven by rising 25 bps Fed rate cut expectations after weak jobs data and cooling inflation data. Options bulls are targeting a Bitcoin to hit $120K and even $125K after the FOMC meeting.

Notably, $120K strike price has call bets of notional value worth $200 million for each BTC options expiry in the next three days. Also, options traders target $125K in the bullish case and $115K in the bearish case for a post-FOMC BTC options expiring on Friday.

Mixed Crypto Market Expectations
All eyes are on the FED interest rate decision today amid a rise in market sentiment, as evident from continued inflows in spot Bitcoin ETFs. While some expect a Fed rate cut to finally drive Bitcoin above $120K, others see it as a classic “sell the news” event.

Meanwhile, the global investors await the FOMC Economic Projection. Monetary policy easing by the FED will trigger a bullish sentiment in the global equities and crypto markets, fueling further upside in risk assets such as Bitcoin. CME FedWatch Tool shows high odds of three rate cuts by the Federal Reserve.

A surprise Fed cut produced an immediate rally last year, with seasonal cycles, liquidity shifts, and market structure all playing a key role in driving Bitcoin above $100K. 10x Research claims the same dynamics are in play now, with better implications due to larger capital flows and risk assets leaning bullish.

Also, the crypto research firm revealed that traders who were positioned bearishly just days ago are now flipping bullish ahead of the FOMC meeting. “Calls are rich relative to puts, ” said 10x Research analyst Markus Thielen.

Bitcoin On-Chain Data Signals High Bull Sentiment
Bitcoin on-chain data signals sentiment rising amid the FOMC meeting. According to CryptoQuant’s 24-hour Trading Volume and Change, BTC price is locked in a narrow range between $114.6K–$117.1K, with the high/low shifting upward in the last 24 hours. Amid this constructive trend, Bitcoin is holding in the upper third of the range, but without a decisive impulse before the event.

The Bitcoin Advanced Sentiment Index indicates a dominant bullish sentiment in the market, suggesting support for a further breakout in BTC price. Advanced Sentiment at 68.8% approaches the High Bull Sentiment region near 80%. A favorable FOMC outcome could trigger further upside in Bitcoin.

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Michael Saylor Credits Bitcoin for Strategy’s Outperformance Over ‘Mag 7’ Stocks

Michael Saylor has once again highlighted Bitcoin’s growing dominance. In a recent post, he showed how Strategy’s Bitcoin-driven returns, open interest, and treasury growth has surpassed the Magnificent 7.

Saylor Highlights Bitcoin’s Market Edge Over Tech Giants
Saylor first revealed how Bitcoin-linked exposure has reshaped market narratives by posting data on open interest relative to market capitalization. Strategy topped the chart with 100.5%, vastly ahead of Tesla’s 26% and far above other Magnificent 7 members like Nvidia, Meta, Alphabet, Apple, Amazon, and Microsoft.

Also, Saylor highlighted Strategy’s performance against Bitcoin, SPDR S&P 500 ETF Trust (SPY), Vanguard Real Estate ETF (VNQ), Vanguard Total Bond Market ETF (BND). This followed the firm’s exclusion from the latest S&P 500 index listing. This positioning proved that Strategy’s Bitcoin bet created stronger market engagement than the world’s largest technology companies.

Saylor followed with a comparison of annualized returns during a so-called Bitcoin Standard Era, further underscoring the scale of outperformance. Strategy led with 91% annualized returns, which was better than Nvidia’s 72% and Tesla’s 32%. Alphabet and Meta trailed with 26% and 23%, while Microsoft, Apple, and Amazon posted much lower figures. The data is proof that Bitcoin adoption as not only an attention driver but a superior strategy for generating returns compared with dominant tech equities.

Fundstrat’s Thomas Lee weighed in on Saylor’s post, pointing to Bitcoin and Ethereum as macro themes that have consistently outperformed high-profile narratives such as artificial intelligence and cybersecurity. He described Strategy as a “granny shot ETF.” This implies that the company provides investors with straightforward Bitcoin exposure through traditional stock markets. His remarks reinforced the idea that crypto has overtaken even the most fashionable technology sectors as a core driver of capital flows.

Corporate Treasuries Boost Bitcoin Holdings Past One Million BTC
The broader adoption trend was underscored by https://t.co/cRqj2aWXKV, which reported that twelve companies increased their Bitcoin holdings over the past week. Strategy led with 1,955 BTC purchase, while Gemini added 1,191 BTC and Bitdeer in Singapore accumulated 333.5 BTC.

Other notable additions came from Metaplanet in Japan, Cango in China, and Volcon in the United States. Smaller but steady increases were seen across companies like Smarter Web in the UK, Exodus, Canaan, Anap Holdings, H100 Group, and DigitalX.

According to https://t.co/cRqj2aWXKV, the top 100 public companies now collectively hold 1,009,202 BTC (worth more than $117 billion at current price). Businesses in Asia, Europe, and across the United States are treating Bitcoin not just as a hedge but as a strategic reserve asset.

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Bitcoin ETF Inflows Shoot $642M Before Fed Rate Cut Catching Up With Gold Rally

Inflows into spot Bitcoin ETFs are picking up pace once again, with an additional $642 million coming on Friday, September 12. Institutional players are positioning well ahead of the expected Fed rate cut next week, as BTC moves to catch up with the Gold rally ahead. BlackRock and Fidelity have contributed a lion’s share to most of the inflows this week.

Bitcoin ETF Inflows Surge Over $2.3 Billion This Week
Inflows across all US issuers of the spot BTC ETFs have surged to more than $2.3 billion over the past week. This bounce back comes ahead of the much-awaited rate cuts from US Federal Reserve, coming next week during the September FOMC meeting. On September 12, the inflows into spot ETFs for Bitcoin surged to $642 million, marking the largest daily inflow this week.

Furthermore, as per the data from Farside Investors, Fidelity’s FBTC led the most of the inflows at $315 million, followed by BlackRock’s IBIT at $264 million. Both – FBTC and IBIT shares – have gained more than 4% over the past week.

BlackRock’s iShares Bitcoin Trust (IBIT) saw net inflows of 2,270 BTC on September 12, equivalent to $264.58 million. The fund also registered $3.2 billion in daily trading volume, reinforcing its position as the leading U.S. spot Bitcoin ETF by market activity. Following the success of IBIT, BlackRock moves to tokenize IBIT ETF, as per the latest development.

Three Fed rate Cuts Expected Before 2025-end
Market analysts remain uncertain about how big the Fed rate cuts will be during the FOMC next week. While US President Donald Trump has demanded 100 bps rate cut, the broader market consensus stays around 25 bps.

A Reuters survey found that 105 of 107 economists expect the Federal Reserve to cut interest rates by 25 basis points to a range of 4.00%–4.25% at its September 17 meeting. Most respondents also project another cut in the following quarter, with up to three reductions likely by year-end.

Catching Up With Gold ETFs
With a massive 40% upside in the first eight months, Gold has dominated over Bitcoin by a wide margin. With the latest surge in inflows, Bitcoin ETFs are now trying to catch up with Gold ETFs.

Ecoinometrics reported that gold is outpacing Bitcoin in ETF inflows. Gold funds continue to attract capital as a hedge against macroeconomic uncertainty. Meanwhile, Bitcoin ETF flows have stalled over the past month.

As of now, the BTC price has been flirting with $115,000 levels. A breakout past $118,000 is essential for the bull run to continue. Despite the Fed rate cut expectations and risk-ON sentiment rising, the Gold rally has continued, on the other hand, amid expectations of a weakening US Dollar.

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BlackRock Moves $195M ETH and $101M BTC Amid Mixed Crypto ETF Flows

BlackRock executed significant transfers of Bitcoin and Ethereum into Coinbase Prime on Tuesday, underscoring the scale of institutional activity. The firm’s ETF-linked wallets deposited 900 BTC worth $101.67 million and 44,774 ETH worth $195.29 million.

BlackRock Bitcoin ETF Sees Inflows as Ethereum ETF Faces Heavy Outflows
Arkham data revealed three separate Bitcoin transfers of 300 BTC each, alongside four Ethereum transfers of 10,000 ETH and one of 4,774 ETH. All were sent to Coinbase Prime, the preferred custodian for large-scale institutional inflows. The combined $297 million deposit solidifies Coinbase as the top institutional gateway to regulated digital asset exposure.

The scale of these deposits coincided with contrasting ETF performance. IBIT registered fresh inflows of $25.48 million on the same day. This highlights its momentum as the BlackRock Bitcoin ETF recently surpassed $90 billion in assets under management

ETHA, however, posted outflows of $192.7 million, marking one of the largest single-day redemptions since launch. The outflow was exactly 44,774 Ethereum, the same amount was moved into Coinbase Prime accounts. This is in line with the $447 million outflows recorded by spot Ethereum ETFs recently.

This split is a sign of widening sentiment among Bitcoin and Ethereum ETF investors. IBIT continues to draw consistent capital, but ETHA is under redemption pressure despite recent ETH price performance. The difference implies that institutions are conservative with exposures to Ethereum despite its price movement upwards.

Ethereum Price Strength Aligns With Fidelity Inflows But Contrasts Blackrock Outflows
Fidelity FETH ETF recorded inflows of $75.15 million but remains small compared to BlackRock’s withdrawals. The Grayscale ETHE also contributed $9.55 million to the net flows for ETH ETFs.

This rotation is evidence that Ethereum ETFs demand is still active, though investors may be switching between issuers instead of leaving Ethereum exposure altogether. On-chain transfers confirm underlying assets are being held in custodian accounts, but ETF data points to differing investor sentiment.

Besides the performance of the BlackRock ETFs, price action adds another layer of context. After climbing 0.53% on the day, Bitcoin trades around $112,668 at the time of writing. Also, the price of Ethereum climbed 1.11% to trade at $4,351. Ethereum’s price strength contrasted with heavy ETHA withdrawals and raised questions about whether outflows were profit-taking or reallocation into other funds.

On longer time frames, Ethereum price performance has been better than that of Bitcoin. ETH gained 128% over six months compared to Bitcoin’s 34.6%. Year-to-date, Ethereum rose 30.7% while Bitcoin advanced 20.7%.