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Sunday, 16 August 2026

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Everyone has the perps convergence backwards

Perpetual futures, or “perps,” are the largest market crypto has built, and they are quietly reversing the story everyone tells about convergence. Crypto is described as maturing toward traditional finance, adopting its…

BlackRock Bitcoin ETF Records $122.7 Million Outflow

BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT), recorded a $122.7 million net outflow on July 31, according to Farside Investors. The redemption represented about 1,948 BTC sold by IBIT investors and came as …