Major investors have regained confidence in Bitcoin, allowing spot BTC ETFs to end a six-day outflow streak and attract $240 million on Thursday.

Cryptocurrency

Investors on the open market have purchased over 375,000 bitcoins in the past month, including 50,000 BTC on November 5, according to data from on-chain analytics platform CryptoQuant.

On November 5, Ripple announced that it had secured $500 million in strategic investments, boosting its valuation to $40 billion. The funding round included major institutional players such as Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

Bitwise Chief Investment Officer Matt Hougan has explained why he’s bullish on Solana over the long term. According to him, this Layer-1 blockchain gives investors “two ways to win” — and both look highly attractive.

Bitcoin and Ethereum ETFs have posted negative flows for the second consecutive day amid renewed market weakness. BTC is currently trading around $110,000, while ETH has dropped below $4,000.

U.S. Congress member Nancy Pelosi, long considered one of the most successful traders on Capitol Hill, has once again drawn attention thanks to her highly profitable investment in Nvidia.

Global investors have set a historic record for investments in gold exchange-traded funds (ETFs) — in the week ending October 22, net inflows totaled $8.7 billion, Kommersant reports, citing data from Emerging Portfolio Fund Research. This figure nearly doubled the previous week’s result. Since the beginning of autumn, total investments in such funds have reached $39 billion.

American basketball player Kevin Durant has multiplied his wealth more than a hundredfold after buying Bitcoin on the advice of his agent Rich Kleiman.

The largest Ethereum treasury company, BitMine Immersion Technologies, led by Tom Lee, took advantage of the ETH price drop to accumulate more cryptocurrency.

The precious metal reached an all-time high of $4,381 per ounce, marking a 60.5% increase compared to its price a year ago. Bitcoin also rose by 60%, but remains 15% below its peak.

On Thursday, the S&P 500 index dropped below its 125-day moving average. The lackluster close of last week’s stock market session raised concerns among Wall Street analysts about the outlook for leading stocks and major U.S. indices.

David Namdar, one of the founding partners of Galaxy Digital, stated that BNB’s rise to $1,300 is “neither a coincidence nor a random spike,” but a reflection of the market’s growing trust in the network. He emphasized that Binance Coin has become one of the most interesting cryptocurrencies on the market, with a huge number of traders closely watching its movements.

Arthur Hayes, co-founder of the BitMEX exchange, explained why Bitcoin’s price growth will not stop in October 2025.

Cardone calculated that gold prices have risen by more than 50% this year, outperforming Nvidia’s returns. However, Bitcoin — the world’s largest cryptocurrency by market capitalization — remains an effective store of value with strong long-term potential, the entrepreneur said.

Exchange-traded funds (ETFs) kicked off October with the second-largest weekly inflow since their launch, signaling a renewed wave of investor optimism.

The experience of Strategy, a company founded by Michael Saylor, provides an opportunity to assess how much more profitable Bitcoin investments are compared to gold.