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.
The company said the initiative uses Vaulta's Banking OS and integrates Solana into the technology stack for issuance and settlement.
Ethereum-based funds led the inflows with another $1.4 billion, while Bitcoin investment products added $748 million.
U.S. spot Ethereum ETFs are on track to register over $4 billion in net inflows for August with just one last trading day.
CoinShares is currently pursuing a U.S. listing to tap deeper capital markets and expand its presence beyond Europe.
The Hong Kong-listed crypto firm reported HK$195.4 million ($25.1 million) in total revenue in H1, up 58% year-on-year.
Bitcoin’s current price is “too low” compared to gold, given its volatility has fallen to historic lows, JPMorgan analysts said.
Ark Invest, led by Cathie Wood, bought $15.6 million in BitMine shares on Wednesday across three of its ETFs.
The fund follows the same route as the REX-Osprey Solana staking ETF and could go live in early November, according to analysts.
The Japanese bitcoin treasury firm disclosed Monday that it bought an additional 103 BTC for $11.7 million.
ETH has outpaced BTC, with JPMorgan pointing to a combination of ETF inflows, corporate adoption, and regulatory clarity among key factors.
Crypto-related stocks tumbled across the board on Tuesday, with Bullish dropping 6.1% and Robinhood losing 6.5%.
Ark Invest purchased $14.2 million worth of Robinhood shares on Monday, according to its latest trading filing.
TD Cowen holds its MSTR price target at $680, on the prediction that Strategy will accumulate 4.3% of Bitcoin’s total supply by 2027's end.
Electric Capital is pursuing a “differentiated, onchain yield generation program" to outperform traditional ETH staking.
BitMine said it boosted its ether holdings to $6.61 billion after buying 373,110 ETH last week, as it eyes up to 5% Ethereum's supply.
Strategy acquired 430 BTC for $51.4 million, boosting holdings to about 629,376 BTC following record Q2 earnings and an mNAV-driven financing stack.
Norges Bank Investment Management increased its bitcoin-equivalent exposure from 6,200 BTC to 11,400 BTC in Q2, says Standard Chartered.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitwise CIO Matt Hougan says there are still four catalysts the market hasn't fully priced in which could push prices substantially higher.
Bullish's stock ended its first trading day up 83% at $68 after raising $1.1 billion in an initial public offering.
DeFi Development Corp. is now holding over 1.3 million SOL tokens, worth nearly $250 million in total, according to a shareholder letter.
Ark's move comes as Block Inc.'s stock fell 0.49% to close at $73.03 on Monday, its lowest closing price since July 18.
Coinbase's supported tokens, staking, and Base chain revenue place it in pole position to leverage surging trading volume, the analysts said.
Ethereum-based funds led the inflows with another $268 million, while Bitcoin investment products rebounded to add $260 million.
Institutional adoption of DeFi and tokenization remains limited despite growing infrastructure, according to JPMorgan analysts.
DL Holdings plans to raise roughly $83.2 million through share placements to support its blockchain and crypto asset initiatives.
Ethereum, DeFi protocols, and platforms like Coinbase and Robinhood stand to benefit most from the policy shift, in Matt Hougan's view.
Grayscale Investments has appointed four new senior executives and brought back founder Barry Silbert as board chairman.