2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview
Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that...
Finance
Hong Kong Launches Its First Inverse Bitcoin ETF Product
CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong...
US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains
Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start...
Analysts Predict US Dollar Trends Amid Biden’s Withdrawal and Trump’s Lead
Analysts have commented on the U.S. dollar trend following President Joe Biden’s decision not to seek re-election, noting a slight...
US Spot Bitcoin ETFs Attract $422 Million in Single-Day Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $422.67 million in inflows on Tuesday, marking the highest single-day inflow since June...
OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024....
Barstool’s Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal
Barstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to...
US Bitcoin ETFs Record Ninth Consecutive Day of Gains, Adding $53.35 Million
U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT...
Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO
Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis...
$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest
U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT...
Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios
Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained...
CME Group Adds XRP to Crypto Benchmarks
CME Group, a leading global markets company, has announced the launch of XRP and ICP reference rates and real-time indices....
Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT...
DBS Digital Exchange Sees 3-Fold Surge in Trading Value — Custodied Crypto up 80%
DBS, a leading financial services group in Asia, reports a significant increase in the trading value of digital payment tokens...
Goldman Sachs Boosts Crypto Services Amid Interest Surge — Plans 3 New Tokenization Projects
Goldman Sachs is expanding its crypto services, focusing on tokenizing assets. The global investment bank plans to launch three tokenization...
Grayscale Sets Record Date for Ethereum Mini Trust Distribution
Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly...
China Halts Gold Buying for Second Consecutive Month
China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping...
Grayscale’s Ethereum Trust Returns to Discount as Spot Ether ETF Listings Loom
Based on recent data, Grayscale’s Ethereum Trust (ETHE) has returned to trading at a discount to its net asset value...
First Digital Debt Offering Fails to Get Traction in El Salvador
The first digital debt offering registered in El Salvador has reportedly failed to gather the necessary interest to continue. The...
UBS Executive Highlights AI’s Impact on Banking
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of...
RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions
Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a...
German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows
The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according...
