The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The week's flows are second only to those of the week ending Dec. 6 last year when they surpassed $4 billion
The analysts also see growth in Ethereum and Solana reinforcing their investment case as the cycle broadens beyond bitcoin.
Global crypto investment products added another $3.7 billion to a net inflow streak that has now reached 13 consecutive weeks.
Spot Ethereum ETFs also reached a new high in cumulative total net inflows, as Wall Street's crypto funds grow larger than ever.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
As the price of bitcoin crossed $115,000 for the first time, BlackRock's IBIT became the fastest-ever ETF to cross $80 billion in AUM.
ETH has surpassed the $3,000 level for the first time in five months as new bitcoin all-time highs breathe fresh life into the crypto market.
Bitcoin rose 5.5% above $117,000 to reach a new all-time high on early Friday morning, while spot bitcoin ETFs recorded massive inflows.
The $50 billion mark in cumulative net inflows is a defining moment for bitcoin's institutionalization, one analyst commented.
Spot Bitcoin ETF AUM continues to rise, sitting around $146 billion, reflecting sustained institutional interest despite market volatility.
“We’re investing in businesses that treat Bitcoin not as a trade, but as infrastructure - something to build on, not bet on,” ego general partner Lyn Alden said
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The "Truth Social Crypto Blue Chip ETF" will primarily consist of BTC, ETH, SOL, XRP, and CRO.
IBIT dominates the other spot Bitcoin ETFs by AUM, accounting for approximately 56% of their total 1.25 million BTC holdings.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.S. spot Bitcoin ETFs notched up another $1 billion worth of net inflows over the past two days to approach $50 billion to date.
Following the SEC's decision to put a pause on a Grayscale ETF, a spokesperson for the company says it "remains committed" to trying to list.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Franklin Templeton Digital Assets said that the future of corporate crypto treasury strategies is contingent on several critical factors.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The asset manager's iShares Bitcoin ETF edges out its S&P 500 product in earned revenue thanks to a higher expense ratio, the report said.
The new ETF from REX Shares and Osprey Funds is the first U.S.-listed crypto ETF to combine token exposure and staking rewards.
BlackRock's usually dominant IBIT product ended its own 15-day, $3.8 billion inflow run, registering zero flows for the day.
Altcoin treasuries can serve as a provisional means of asset exposure as formal approvals for ETFs and staking have yet to arrive.
The SEC approved on an "accelerated basis" an exchange-traded fund that looks to convert the Grayscale Digital Large Cap Fund LLC.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The product "will offer a 100% capital protection at maturity," Bloomberg reported, citing an internal memo confirmed by UniCredit.
Bitwise reiterated its call for BTC to hit $200,000 by the end of 2025, but is not so sure new highs for ETH and SOL are on the cards.
The ongoing streak of daily inflows into Bitcoin ETFs comes as BTC lingers less than 5% below its all-time high of $112,000.