In just 10 months, spot Bitcoin ETFs have amassed over 50% of the assets held by gold ETFs, which have been around for two decades….
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The Franklin Templeton OnChain U.S. Government Money Market Fund (FOBXX) can now be traded on Coinbase’s Base network….
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BTC dominance above 60%, altcoins fall. BlackRock BTC ETF sees record inflow day. Coinbase falls 3% pre-market after earnings miss. Coinbase pledges $25m to pro-crypto PAC. MicroStrategy plans to raise $42bn to buy BTC. Canary Capital applies for SOL ETF. SOL DEX volume hits 168% of ETH. Sol Strategies now owns $24m SOL. Kraken cuts 15% of staff. Tokenization could be big trend: US Treasury. Binance unveils wealth management platform. Centralised stablecoins a risk: Curve founder. FTX engineering director set to remain free. Microsoft shareholders begin BTC vote. Nillion raises $50m to create first ‘blind computer’….
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Bitcoin ETFs took in almost $900 million Wednesday—nearly all to BlackRock—as the U.S. funds now collectively hold over 1 million BTC….
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BTC nears ATH as ETF inflow streak continues. $180m of shorts liquidated in rally. Funds see $24bn of inflows so far in 2024. DOGE up 15% as Elon D.O.G.E. role gains traction. Bhutan moves $66m BTC to Binance. World Liberty Financial to issue stablecoin. Shift4 introduces crypto payments. Show some respect to ETH Foundation: Vitalik. GRASS hits $1.1bn FDV on launch, bandwidth DePin. Phantom goes down amid GRASS airdrop. Chainlink data now available on SOL. Infinex closes $68m patron funding round. Gemini gets exchange approve in Singapore….
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BTC gets to within $175 of ATH. BTC ETF inflow the highest since August. BTC can reach $200k without dollar collapse: Bitwise. Visa allows instant Coinbase deposits. Florida CFO urges state crypto investments. Treasury fails to mention crypto in financial strategy. US at risk of losing crypto leadership: Paxos. Circle raises fees for USDC deposits. dYdX cuts 35% of staff. Kraken offered 25m OP tokens to build L2. DWF partner fired after drink spiking allegations. OKX & TON launch $10m growth fund. STX Nakamoto upgrade goes live….
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New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so….
Continue reading on https://decrypt.co/289252/solana-etf-momentum-grows-with-new-filing-after-bitcoin-and-ethereum-approvals
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Competition is growing between risky, leveraged ETFs built around MicroStrategy stock, with both MSTR and Bitcoin pumping in value….
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The gaming handheld SuiPlay0x1 is set for release in 2025, and Samurai Shodown R will bring the classic SNK IP to the Sui-branded device….
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BlackRock’s IBIT saw $3.36 billion worth of trading volume yesterday—its highest level in the past six months….
Continue reading on https://decrypt.co/289093/bitcoin-price-surge-drives-institutional-fomo-for-etfs
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