Bitcoin Price Dips As BlackRock ETF Hopes Fade; FTX Draws Buyout Interest Despite Bankruptcy
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Bitcoin retreated from $35K after ticker for BlackRock's spot BTC ETF was removed from DTCC site.
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Bankrupt crypto exchange FTX received bids from at least 3 potential buyers for a restart.
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Spot bitcoin ETFs could attract $14.4B in first year flows, ramping up to $39B by third year per Galaxy Digital.
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The solana-bitcoin ratio broke out of prolonged downtrend, signaling potential SOL outperformance ahead.
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U.S. wealth management industry with $48T assets seen as most addressable market for a Bitcoin ETF.