
Bitcoin Remains Steady Amid Shifting ETF Influences and Market Sentiment
Key TakeawaysBitcoin trades at $76,869.00 down 1.3% in 24 hours while sitting just above the TCA 30-day low of $76,429.00.Total crypto market cap falls
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Key TakeawaysBitcoin trades at $76,869.00 down 1.3% in 24 hours while sitting just above the TCA 30-day low of $76,429.00.Total crypto market cap falls

Strive bought 469 bitcoin for about $36.6 million, taking its treasury to 25,000 BTC as SATA preferred-stock notional topped $1 billion in September.
Ark Invest dumped a significant number of shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) on Monday after the ETF's impressive run over the month. Bitcoin ETF Sold Off Ark Invest, founded by veteran investor Cathie Wood, sold 466,133 shares of ARKB through its ARK Next Generation Internet ETF (BATS: ARKW) and 1.06 million shares through ARK Blockchain & Fintech Innovation ETF (BATS:ARKF).
Ripple (XRP) extended its gains on Tuesday after rallying more than 6% during the previous session. Improving long-to-short ratios and positive funding rates indicate that derivatives traders are increasingly positioned for further price gains. However, data from CryptoQuant presents a more cautious picture, showing overheating conditions and sell-side pressure in parts of the futures market. XRP derivatives traders turn bullish CoinGlass data shows that long positions currently outnumber shorts for both cryptocurrencies. XRP's long-to-short ratio stood at 1.15 on Tuesday. A reading above 1 indicates that more traders are betting on price increases than declines. Funding rates also support the bullish outlook. XRP's funding rate turned positive on Monday and reached 0.0079% on Tuesday.

Ripple CEO Brad Garlinghouse is making a last-minute appeal to U.S. senators to advance the Clarity Act..

The popular meme cryptocurrency is currently changing hands near $0.0848 following a successful defense of critical support between $0.080 and $0.082. Price action has tested the lower boundary of an ascending channel pattern on two occasions, with technical analysts identifying $0.093 as the subsequent overhead resistance zone.

The U.S. House Financial Services Committee has scheduled a markup of legislation that would put the federal Strategic Bitcoin Reserve into law and require government-held Bitcoin to remain in the reserve for at least 20 years.

Strive, operating as both a Bitcoin treasury corporation and asset management firm, expanded its digital asset portfolio by 469 Bitcoin during the previous week, deploying $36.6 million at an average acquisition cost slightly below $78,000 per token. This transaction elevates the firm's aggregate Bitcoin position to precisely 25,000 BTC, representing approximately $1.95 billion in current market value.

Last week witnessed United States spot Bitcoin ETFs registering $462.7 million in net capital exits, terminating a three-week period of positive inflows. Simultaneously, Ethereum ETFs attracted $196.9 million, prompting speculation about potential shifts in institutional investment strategies.

The XRP Ledger is close to beginning the activation process for Batch V1.1, an amendment designed to coordinate multiple payments, trades and other actions as a single workflow after an earlier version was withdrawn over a serious authorization vulnerability.

DeFi Development Corp increased its SOL treasury to 2.39 million tokens and established a $300 million CHAD preferred-stock sales facility.

After twelve months of caution, Bitcoin options traders change direction. Since August 20, they pay more to bet on a BTC rise than to protect against a drop, an unprecedented shift in a year.

Last week saw a notable divergence in cryptocurrency ETF flows, with spot Bitcoin ETFs hemorrhaging $462.7 million in net capital while Ether ETFs simultaneously attracted $196.9 million. This contrasting pattern has sparked discussion about potential institutional reallocation between the two leading digital assets.

Solana implemented the Transaction V1 feature on its mainnet on Tuesday, making it possible to add more data to each transaction. This will give developers more room for carrying out complex actions in one atomic process.

Dogecoin is showing signs of renewed demand after large holders added more than 240 million DOGE during the latest price correction. DOGE is trading near $0.083, with the recent rebound keeping the token above the support base formed after its multi-month downtrend.