Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas. Two ETFs designed to take two-times leveraged short positions in Ether claimed (ETH) first and second place in a Bloomberg Intelligence ranking of the year’s top-performing funds, Balchunas said in a post on the X platform. In the year-to-date, ProShares UltraShort Ether ETF (ETHD) and T Rex 2X Inverse Ether Daily Target ETF (ETQ) are up approximately 247% and 219%, respectively, Bloomberg Intelligence data showed. The implications…
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Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy
Brazilian fintech company Méliuz announced Thursday it had allocated 10% of its cash reserves into bitcoin, becoming the first publicly traded firm in the country to adopt a bitcoin treasury strategy. Méliuz invested $4.1 million to acquire 45.72 bitcoins at an average price of $90,926 per coin. The purchase represents roughly 10% of the company’s total cash holdings based on a new policy approved by its board of directors. In a statement, Méliuz said the bitcoin allocation seeks “long-term returns” on the investment as part of its treasury management. The…
Read MoreMicrostrategy Acquires 2,530 Bitcoin Amid Ongoing Strategy
Microstrategy, a leading business intelligence firm, has added 2,530 bitcoin (BTC) to its holdings, bringing its total to 450,000 BTC. The purchase, valued at approximately $243 million, was announced by Michael Saylor, Microstrategy’s executive chairman, on the social media platform X. Microstrategy’s Bitcoin Holdings Now Worth Over $28 Billion The latest acquisition, made at an […] Source link
Read MoreHow to Develop a Data-Driven Bitcoin Investment Strategy
After years of providing valuable content and insights into Bitcoin investing, I’ve spent countless hours analyzing data and reviewing charts to help you build a strong foundation for your Bitcoin investment strategy. In this article, I’ll walk you through my unique approach to managing my own Bitcoin (BTC) investments, focusing on a data-driven methodology that ensures unbiased decision-making. Whether you’re a seasoned investor or just starting out, these insights can help you navigate the often volatile Bitcoin market. Watch the full video here to see the complete breakdown of my…
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