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U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT garnered $110.37 million in inflows, whereas Grayscale’s GBTC experienced $53.86 million in outflows. Blackrock’s IBIT Boosts Reserves to $21B Amid $110.37M Inflows On July 17, the 11 spot bitcoin ETFs recorded $1.79 billion in trade … Read more
Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will significantly impact ether prices, potentially driving them above $5,000 by year-end. Bitwise’s Hougan: Ethereum ETFs to Push Prices Above $5,000 Bitwise CIO Matt Hougan … Read more
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. Institutional Interest Drives Massive Growth in Crypto’s Over-the-Counter Industry The Finery Markets team analyzed data from two … Read more
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $422.67 million in inflows on Tuesday, marking the highest single-day inflow since June 5. Blackrock’s IBIT led the pack, pulling in $260 million and boosting the fund’s BTC holdings to 322,125.41 BTC, worth over $20 billion. Massive Inflows into U.S. Spot Bitcoin ETFs Highlight Institutional Backing The spot … Read more
Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $8.5 million in a funding round led by Initialized, seeking to expand the reach of its foothold in Brazil. The company offers B2B solutions focusing on USDC, Circle’s regulated stablecoin, providing rails for easing cross-border payments for its customers. Caliza Raises … Read more
U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $117 million. Bitcoin ETFs Attract Inflows as IBIT and ARKB Lead the Charge The week began with seven out of 11 spot bitcoin ETFs receiving $301.04 … Read more
Backed, a firm specializing in real-world asset (RWA) tokenization, has launched five new tokenized equities. The newly introduced tokens represent stocks of prominent companies, offering non-U.S. investors exposure to these assets via blockchain technology. RWA Firm Backed Launches 5 Tokenized Stocks Backed‘s new tokenized equities include bMSFT (Microsoft), bGME (Gamestop), bMSTR (Microstrategy), bTSLA (Tesla), and … Read more
Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained why he shifted from skepticism to advocacy for bitcoin, viewing the cryptocurrency as “digital gold” and a hedge against economic instability. “I believe bitcoin is legitimate,” he emphasized, adding: “I do believe there’s a real … Read more
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek. Go to Source
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $120.03 million and $115.14 million, respectively. Blackrock’s IBIT and Fidelity’s FBTC Dominate Friday’s Bitcoin ETF Inflows On Friday, the U.S. spot bitcoin ETFs experienced a strong trading day … Read more