“While this recovery is encouraging, ETF activity is slowing down, with daily trading turnover now at US$5.4bn, down 36% relative to its peak 3 weeks ago, although this remains well above the US$347m 2023 average, implying the initial market hype is cooling,” CoinShares said.
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
While some had expected the company might adopt the new digital asset fair value accounting standard, and thus report a...