This Week in Bitcoin: ETF Flows Turn Red, SEC Hack Plea and GameStop Considers Getting

Currency’s price action this week was mostly level: The biggest online gold hasn’t moved over the last time, and is now priced at$ 97, 575, CoinGecko shows. It’s up only 1.5 % on the week.

As investors attempt to navigate an extremely complex new investing landscape, which includes an unanticipated new U.S. President in the White House, the oldest cryptocurrency hasn’t crossed the magic$ 100, 000 level since the start of February.

In recent days, President Donald Trump has threatened, proceeded, and halted taxes on big economy, all of which have had a variety of effects on crypto costs.

And this week, statistics showing that consumer prices in the U.S. rose more than expected next month merely increased risk goods like crypto.

Still, the biggest cryptocurrency is still up significantly since the new commander in chief got elected, rising over 40 % since the November 5 election, when it was trading for$ 69, 335.

ETF travels

Buyers pulled money out of Bitcoin exchange-traded money every day this week, according to Farside Owners, with$ 650.8 million cashed out from Monday to Thursday. Travels flipped positive on Friday with$ 70.6 million in funding, but not nearly enough to counter the earlier costs.

The bearishness comes after the funds experienced massive demand in January, but flows have slowed down since President Trump started talking tariffs. And there was a surprise twist the previous week when Ethereum ETF travels actually beat those for Bitcoin funds.

Plan up to buying

After not purchasing cryptocurrency for a week at the end of January, Strategy ( formerly MicroStrategy ) hit the buy button once more. The software company, which has pivoted hard to stockpiling Bitcoin, shared in its latest disclosure that it spent$ 742.4 million &nbsp, on BTC between February 3 and February 9.

The company rebranded last week in a” a natural evolution” to become more Bitcoin-focused, and now holds a total of 478, 740 BTC, worth nearly$ 47 billion.

Store eyeing Cryptocurrency?

And GameStop’s investment rose on information that the joke investment firm was considering investing in Bitcoin, according to reports on Thursday.

A&nbsp, CNBC&nbsp, report, citing unnamed sources close to the company, said that the company was “exploring investments in alternative asset classes” —including the orange coin. Stores did not respond to ‘s request for comment.

The movie game retailer resurrended last year after Keith” Roaring Kitty” Gill, the investor who started the original 2021 property purchase fury, posted a joke online for the first time in three years. He contributed to the stock’s value by making numerous 2024 looks, including his first video since the first run.

GameStop ( NYSE: GME) finished the week priced at$ 27.00 a share after rising 5.5 % this week.

SEC X hacking is acknowledged by a person.

Remember the time when Bitcoin’s cost spiked after the Securities and Exchange Commission’s X bill announced the long-awaited Bitcoin ETFs had been approved before it resumed its upward trend following reports of a steal?

The man who committed the crime that caused all the noise has since admitted to it.

Eric Council, 25, who was arrested in October, pleaded guilty in a Washington national court on Monday to aggravated identity fraud and access machine scam, reported.

Council, of Athens, Alabama, was now face up to 15 years in prison for identity fraud and an extra three years&nbsp, for impersonating a national company.