befla

Bitcoin ETF calls surge 24-fold as puts fall 52.75%, reaching 1.95M IBIT underlying shares

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Bitcoin ETF calls surge 24-fold as puts fall 52.75%, reaching 1.95M IBIT underlying shares
UBS Group’s Aug. 13 regulatory filing showed that shares underlying its reported call options on BlackRock’s iShares Bitcoin Trust ETF (IBIT) climbed to 1.95 million during the second quarter, while its reported non-option share position increased 11.94%. The Form 13F filing, which the U.S. Securities and Exchange Commission accepted on Aug. 13, covered positions reported … Read more

Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg

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Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg
Metaplanet moved over 5,000 Bitcoin (worth about $322 million) this week, triggering market speculation that the firm might be liquidating a portion of its corporate reserves. On Aug. 12, CEO Simon Gerovich shut down the rumor and explained that the transfer was a routine custody operation, with no Bitcoin sold and total holdings unchanged at … Read more

Machi Big Brother sells 3 Bored Apes to cut his Ethereum long in 52%, but liquidation moved to just $22 away

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Machi Big Brother sells 3 Bored Apes to cut his Ethereum long in 52%, but liquidation moved to just $22 away
Three Bored Ape sales at steep losses accompanied a month-long contraction in the leveraged Ethereum account that Lookonchain publicly tracks as Machi Big Brother’s. By Aug. 14, official venue data showed the ETH long had been cut by more than half, yet the market remained close to the account’s liquidation line. At 3:51:43 p.m. UTC, … Read more

Norway’s sovereign fund reaches record 11,549 BTC exposure without buying more Bitcoin

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Norway’s sovereign fund reaches record 11,549 BTC exposure without buying more Bitcoin
Norway’s sovereign wealth fund ended the first half of 2026 with record indirect Bitcoin exposure and a newly disclosed stake in the world’s largest Ethereum treasury company. Norges Bank Investment Management’s (NBIM) public-equity holdings translated into 11,549 BTC of indirect exposure as of June 30, up 60% from a year earlier and marking the sixth … Read more

Bitcoin’s ETF rebound just lost 38% of its gains in four sessions as BTC fell below $63,000

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Bitcoin’s ETF rebound just lost 38% of its gains in four sessions as BTC fell below $63,000
Morgan Stanley’s Bitcoin Trust and Grayscale’s Bitcoin Mini Trust ETF were the only US spot Bitcoin funds to attract capital on Aug. 13, offsetting part of a broad withdrawal that pushed the group to $131.1 million in net outflows for the session. Morgan Stanley Bitcoin Trust added $7.1 million, while Grayscale’s smaller Bitcoin fund took … Read more

SEC cancels crypto fundraising meeting, leaving token issuers with no new path to fund development

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SEC cancels crypto fundraising meeting, leaving token issuers with no new path to fund development
The US Securities and Exchange Commission canceled the open meeting scheduled for Friday morning, delaying the first public look at a possible crypto fundraising regime. The agency’s Aug. 13 cancellation notice gave no reason or replacement date. The agenda called for commissioners to consider issuing a proposal for a tailored offering regime covering certain investment … Read more

Ethereum’s post-quantum roadmap puts banks on a 2027 deadline nobody is talking about

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Ethereum’s post-quantum roadmap puts banks on a 2027 deadline nobody is talking about
Ethereum’s post-quantum migration could create a problem for regulated banks years before any quantum computer poses a real threat to validator keys. Thomas Brunner, Sygnum Bank’s Head of Custody and Staking, thinks differently about quantum risk in crypto than most people do. Ethereum’s Post-Quantum team says layer-1 upgrades could be completed by 2029, though it … Read more

Tether finally got the audit critics demanded, just as Washington changed the test

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Tether finally got the audit critics demanded, just as Washington changed the test
Tether says KPMG issued an unqualified opinion on Tether International’s 2025 financial statements, its first full audit from a Big Four accounting firm. The audited numbers show reserves exceeding liabilities by $6.814 billion as of Dec. 31, 2025. Quarterly reserve attestations confirm a snapshot of assets against liabilities. A full financial-statement audit examines the balance … Read more

Solana treasury company shutters its SOL accelerator as a $27 million quarterly reversal forces deep cuts

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Solana treasury company shutters its SOL accelerator as a $27 million quarterly reversal forces deep cuts
DeFi Development Corp., which holds Solana’s SOL token as a treasury asset, reported a $27 million second-quarter loss. It is also retrenching, closing its Treasury Accelerator to new deals, lowering costs, and repurchasing convertible debt below face value. The company said in an Aug. 12 shareholder letter that its net loss on digital assets was … Read more