Bitwise’s latest Ethereum ad can be minted as an NFT
Proceeds from the NFT mints are being paid to Protocol Guild, a collective funding mechanism created by Ethereum core contributors and the ad’s two actors. Go to Source
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US Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of outflows, marking the fourth consecutive day of losses. The 11 funds saw $152.42 million leave on Tuesday, bringing the cumulative total net inflows to $14.81 billion. Grayscale, Fidelity, and Bitwise Drive Tuesday’s Outflow in Bitcoin ETFs Another day of trading brought losses for spot bitcoin … Read more
Bitwise’s amended Ethereum ETF filing says Pantera interested in $100M buy
Asset management firm Bitwise has disclosed Pantera is interested in buying its upcoming spot Ether ETF, but it could spend more, less — or nothing at all. Go to Source
US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting the fund on June 17. Fidelity’s FBTC and Ark Invest’s ARKB Among Biggest Losers During Monday’s Outflow According to sosovalue.xyz metrics, U.S.-based spot bitcoin ETFs … Read more
Bitwise CEO: Bitcoin Should Move on From ‘Digital Gold’ Narrative as It Reaches Mainstream Adoption
Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that, while the “digital gold” representation has been helpful for bitcoin, it has many qualities that put it over gold and it is time to “graduate” … Read more
Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge, potentially adding $20 trillion to the global Gross Domestic Product (GDP) by 2030. AI and Crypto — The Trillion-Dollar Synergy Leon’s bold forecast was emphasized at the recent Consensus conference in Austin, which … Read more
Investor Confidence Soars With $488M Inflows Into US Bitcoin ETFs
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from the 11 publicly traded funds. U.S. Spot Bitcoin ETFs See More Inflows on 17th Consecutive Winning Day U.S. spot bitcoin ETFs have been enjoying a … Read more
ETH ecosystem users 9X since 2020 as VanEck tips $22K by 2030
The number of daily active users in Ethereum and top layer 2s has rocketed in recent years, and VanEck analysts say this growth will continue. Go to Source
US political change could expose crypto to $20T industry: Bitwise
Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan. Go to Source
Spot Ether ETFs are now officially legal in the US: Law Decoded
Spot Ether ETFs might be weeks or months away from debuting on exchanges, as the ETF filers have yet to receive their S-1 SEC registration. Go to Source