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On Monday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) attracted $353.67 million in inflows, with Blackrock’s IBIT taking the top spot. IBIT now boasts over 500,000 BTC, valued at $47.68 billion based on current exchange rates. Wall Street’s Bitcoin Bonanza: Blackrock Leads $353M ETF Influx The inflows to spot bitcoin ETFs and ether ETFs … Read more
The fundraising is to expand Recursive Capital’s investments in bitcoin companies exclusively on the African continent. More Support for Bitcoin Companies in Africa Recursive Capital, a venture capital firm that specializes in funding bitcoin businesses in Africa announced the Fund I’s first close on Saturday, Nov. 30. Block Chairman Jack Dorsey, chairman of Fortress Investment … Read more
MARA has proposed a further $700 million convertible senior note offering to buy more bitcoin and buy back some of its current notes. MARA Holdings Wants More Bitcoin Bitcoin miner MARA Holdings has revealed plans to buy back existing notes with the goal of buying more bitcoin through a second proposed private offering of $700 … Read more
Boyaa Interactive has converted $49.48 million worth of ethereum into bitcoin, making it the largest corporate bitcoin holder in Asia. Boyaa Swaps Ethereum for Bitcoin Hong Kong-based online gaming firm Boyaa Interactive International has emerged as the largest corporate bitcoin (BTC) holder in Asia after the company recently converted 14,200 ethereum (ETH) worth approximately $49.48 … Read more
Ripple’s stablecoin is reportedly near regulatory approval, signaling a significant step toward reshaping the stablecoin market with a regulated, fully backed digital dollar. Ripple’s Game-Changing Stablecoin RLUSD Awaits Final Nod by Regulator Ripple is reportedly close to securing approval for its regulated stablecoin, RLUSD, from the New York Department of Financial Services (NYDFS), according to … Read more
OKG Research’s forecast of $2.28 trillion in bitcoin inflows by 2025 underscores the asset’s growing importance in the global financial ecosystem. Bitcoin Can Hit Another Landmark in 2025 The cryptocurrency market is no stranger to bold predictions, and a new report by OKG Research, the research division of the Oko Cloud Chain Institute forecasts that … Read more
21shares announced the launch of 4 new exchange-traded products (ETPs) focused on oracles, tokenization, decentralized computing, and artificial intelligence. New ETPs for Retail Investors 21shares, a provider of cryptocurrency exchange-traded products (ETPs) has expanded its portfolio with the launch of four innovative ETPs targeting high-growth sectors in blockchain and crypto technology. These new products focus … Read more
The 12 spot bitcoin exchange-traded funds (ETFs) had a standout Wednesday, capitalizing on BTC’s latest price climb. Collectively, these funds attracted $103.09 million in inflows, pushing their cumulative net inflows since Jan. 11 to an impressive $30.38 billion. Bitcoin and Ethereum ETFs See Combined $193M Inflows on Wednesday Leading the charge, Bitwise’s BITB pulled in … Read more
Ripple’s investment in the Bitwise Physical XRP exchange-traded product (ETP) underscores XRP’s rising prominence, driven by surging institutional demand. Ripple Invests in XRP’s Future With Bold Bet on Bitwise ETP Ripple announced its investment in the rebranded Bitwise Physical XRP exchange-traded product (ETP) on Wednesday, signaling its commitment to expanding access to XRP in institutional … Read more
Bitwise Asset Management has taken a bold step forward by filing to list its Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP) on NYSE Arca. This move sets the stage for what could be a transformative chapter for the well-known and diversified cryptocurrency investment vehicle. Bitwise Proposes Uplisting Crypto Index Fund to … Read more