hodler

27 May 2026, 18:55

Strive’s SATA Fund Raises Enough Capital in One Day to Acquire 396 BTC

BitcoinWorld Strive’s SATA Fund Raises Enough Capital in One Day to Acquire 396 BTC Strive Asset Management’s recently launched Bitcoin-focused fund, Strive’s SATA, has demonstrated significant early investor demand by raising enough capital in a single trading day to purchase 396 Bitcoin (BTC). The rapid accumulation highlights a robust appetite for Bitcoin exposure among institutional and accredited investors. Record-Breaking Capital Inflow According to data shared by the firm, the one-day inflow into the SATA fund surpassed the previous weekly record for Bitcoin fund inflows within just two trading sessions. The total capital raised during the current week has now expanded to a level sufficient to acquire up to 798 BTC, with the amount reportedly continuing to climb. This pace suggests a shift in momentum, as large-scale investors increasingly allocate capital to dedicated Bitcoin vehicles. Implications for the Bitcoin Market The swift capital raise by Strive’s SATA fund signals more than just investor confidence in the fund itself; it reflects a broader trend of institutional capital flowing into Bitcoin through regulated, traditional financial products. The ability to amass nearly 400 BTC in a single day represents a meaningful demand shock in a market where daily mining production is limited. This level of buying pressure can contribute to price stability and upward momentum, particularly if sustained over multiple weeks. Why This Matters to Investors For market participants, the SATA fund’s performance serves as a real-time barometer of institutional sentiment. Unlike retail-driven inflows, institutional capital tends to be longer-term oriented, reducing the likelihood of sudden sell-offs. The fund’s structure also provides a familiar entry point for traditional investors who prefer the regulatory oversight and operational ease of a fund over direct cryptocurrency custody. Conclusion The rapid capital raise by Strive’s SATA fund, enabling the purchase of 396 BTC in a single day, marks a notable development in the institutional adoption of Bitcoin. As the fund continues to attract capital, its impact on both market dynamics and the broader narrative of Bitcoin as a mainstream asset class will be closely watched by analysts and investors alike. FAQs Q1: What is Strive’s SATA fund? A: Strive’s SATA is a Bitcoin-focused investment fund managed by Strive Asset Management, designed to provide institutional and accredited investors with regulated exposure to Bitcoin. Q2: How much Bitcoin did the SATA fund raise capital for in one day? A: The fund raised enough capital in a single trading day to purchase 396 Bitcoin (BTC), with the weekly total now sufficient to acquire up to 798 BTC. Q3: Why is this significant for the Bitcoin market? A: This rapid inflow of institutional capital represents a meaningful demand-side pressure on Bitcoin’s limited daily supply, potentially supporting price stability and signaling sustained institutional interest in the asset class. This post Strive’s SATA Fund Raises Enough Capital in One Day to Acquire 396 BTC first appeared on BitcoinWorld .

27 May 2026, 18:51

'You Know What Happens Next': Analyst Warns of Bitcoin Volatility

Bitcoin is bracing for a massive surge in volatility as a dangerous mix of surging leverage, retail speculation.

27 May 2026, 18:49

Cash App Now Supports Stablecoins, Despite Bitcoin Maxi Jack Dorsey's 'Gatekeeper' Gripes

Cash App has begun supporting stablecoin transactions on networks including Ethereum and Solana, pushing past its Bitcoin-based roots.

27 May 2026, 18:44

Crypto mining faces 6 year ban in Moscow region

🚨 Russia plans to ban crypto mining in Moscow region and parts of Kursk for six years. This measure targets 65+ data centers and aims to reduce energy strains caused by $BTC mining. 🕵️‍♂️ Key point: Unregistered mining soon faces heavier penalties, including prison time and property seizures. Continue Reading: Crypto mining faces 6 year ban in Moscow region The post Crypto mining faces 6 year ban in Moscow region appeared first on COINTURK NEWS .

27 May 2026, 18:44

Bitcoin Slips to $74,530 as Long Traders Face $106M Wipeout

Bitcoin trended downward on Wednesday, dropping beneath the $75,000 threshold to trade at $74,570 at the time of writing. This slide erased nearly 3% of its weekly value and dragged its market capitalization back below $1.5 trillion. Onchain Metrics Signal Fading Momentum For the second consecutive day, bitcoin trended downward, slipping below the $75,000 threshold

27 May 2026, 18:38

XRP Ledger stablecoin supply crosses $1 billion

The stablecoin supply on the XRP Ledger (XRPL) has grown gradually over the past months, crossing the $1 billion mark for the first time earlier this week. The XRPL’s stablecoin supply surged from 683.1 million in April 2026 to an all-time high (ATH) of about $1.1 billion in May, according to data from Artemis , analyzed by Finbold on May 27. As such, stablecoin supply on the XRP Ledger climbed by more than 61% month-over-month (MoM). XRPL stablecoin supply analysis. Source: Artemis The Ripple USD (RLUSD), which is backed by Ripple Labs, accounts for the lion’s share. Over the past seven days, the supply of RLUSD on XRPL Ledger surged by nearly 47% to reach $696,663,412 at the time of publication, based on metrics from rwa.xyz . Other notable stablecoins on the XRPL are Ondo Short-Term U.S. Government Bond Fund ( OUSG ), which had a market cap of $294,023,824 at press time. Meanwhile, the Braza ( USDB ) has a supply of approximately $104,281,912, up 6% over the past 7 days. Why is XRP Ledger experiencing steady growth in stablecoin supply? The notable growth in stablecoin supply on the XRP Ledger could be directly attributed to Ripple Labs’ efforts. Furthermore, Ripple Labs has positioned XRPL as a top blockchain for cross-border payment through dozens of partnerships and strategic acquisitions. With institutional investors increasingly seeking stablecoins, driven by regulatory clarity in the United States, XRPL has benefited from its tested uptime since inception. Notably, XRPL recently underwent a network upgrade, which could improve its long-term stability and efficiency, as Finbold explained . The XRP Ledger has also benefited from the Genius Act, a piece of legislation that created the first federal regulatory framework for stablecoins, helping more institutions launch tokenized U.S. dollars seamlessly. The post XRP Ledger stablecoin supply crosses $1 billion appeared first on Finbold .