10-29
Sequans Moves $111M Worth of Bitcoin to Coinbase in First Outbound Transfer
Sequans transferred 970 Bitcoin, worth approximately $111 million, to Coinbase, marking its first major outbound transaction since launching its Bitcoin treasury strategy. The company still holds 2,264 BTC, valued at around $255 million, despite a 27% stock decline since the initiative began. Speculation persists over whether the move indicates a partial sale or a custody reorganization. The transfer occurred as Coinbase reported strong Q3 earnings driven by institutional adoption.
المختارة
BTC
BTC-0.89%
10-29
10-28
Canary Capital Files for Litecoin and HBAR ETFs with 0.95% Fee Amid Government Shutdown
Canary Capital submitted 8-A filings for Litecoin and HBAR ETFs on October 27, 2025, during the U.S. government shutdown limiting SEC operations. Each fund will charge a 0.95% management fee, according to an S-1 filing. The rate exceeds most spot Bitcoin ETFs. Bloomberg senior ETF analyst Eric Balchunas noted the move signals preparation for a potential launch this week.
المختارة
10-28