The combined ETFs now hold approximately 5.7 million ETH on behalf of their clients — 4.7% of ether's 120.7 million circulating supply.
Robinhood said that crypto trading volume rose 32% year-over-year to $28 billion in its second-quarter earnings report.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
TradFi apologists can't imagine what a crypto-based financial system can offer, according to Bitwise CIO Matt Hougan.
The Department of Justice has reversed course on its Friday statement that it was considering charges against Dragonfly over the firm's early investment in Tornado Cash.
Ark Invest purchased $15.3 million worth of BitMine Immersion Technologies shares across three of its ETFs on Tuesday.
The SEC is officially weighing whether to allow BlackRock to include staking in its Ethereum exchange-traded fund.
On an earnings call SoFi CEO Noto laid out the bank's plans across digital assets, calling crypto a potential "game changer."
Ethereum treasury firms have bought 1.26 million ETH since June and could grow their holdings tenfold, according to Standard Chartered.
ETH Strategy said it has raised 12,342 ETH ($46.5 million) in prelaunch, with its STRAT token set to go live on Tuesday.
Ark Invest sold $15 million worth of Block Inc. shares, $12.7 million in Robinhood, and $6.9 million in Coinbase on Monday.
The firm rebranded and adopted the Nasdaq ticker TRON on July 17, with Tron founder Justin Sun ringing the Nasdaq’s morning bell last week.
Sui is a Layer 1 blockchain developed by Mysten Labs that uses the bespoke Move programming language.
The upsized PIPE offering has the potential to deliver up to $1.25 billion of gross proceeds for CEA Industries and 10X Capital.
Interactive Brokers, founded in 1978, is reportedly considering launching a stablecoin to support 24/7 funding for brokerage accounts.
The move marks PayPal's latest expansion into the crypto industry and a notable internal deployment of its PYUSD stablecoin.
The Nasdaq-listed firm currently holds 438,017 ETH, worth roughly $1.7 billion at current market prices, according to Lookonchain
The Tokyo-listed firm's latest purchase brought its total holdings to 17,132 BTC, worth roughly $2 billion based on current market prices.
Cathie Wood-led investment firm Ark Invest sold a total of 30,051 Coinbase shares across two of its ETFs on Thursday.
Crypto inflows are up nearly 50% since May and are on track to comfortably surpass last year’s record total, JPMorgan analysts said.
The fund saw its holdings jump from $5 billion to $10 billion in just 10 days amid increasing institutional adoption of Ethereum.
Tether CEO Paolo Ardoino said the stablecoin issuer is "well underway" to do business in the U.S. in an interview with Bloomberg Television.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Happy Tuesday! Here’s what you need to know in crypto today. Traditional finance is moving deeper into digital assets. JPMorgan is reportedly exploring crypto-backed loans, Western Union may integrate stablecoins, and PNC Bank has partnered with Coinbase to offer crypto access to clients — while […]
PNC partners with Coinbase to offer clients crypto trading and custody as more banks dip toes in the digital asset economy.
The bank has already taken preliminary steps into the crypto sector, including plans to offer loans against crypto ETFs, according to FT.
Western Union CEO Devin McGranahan told Bloomberg that it is exploring ways to offer on-ramp and off-ramp stablecoin services.
Ark Invest sold 218,986 Coinbase shares on Monday, one trading day after Coinbase hit its all-time high of above $437.
Schwab clients are already major holders of crypto ETFs and are looking to bring their assets held by "crypto natives" to the firm.
Non-bearer tokenized bank deposits settle at face value between accounts, unlike stablecoins, which can trade below par, JPMorgan said.