BlackRock’s Bitcoin ETF Receives $526M
On Monday, Farside Investors reported that BlackRock’s iShares Bitcoin Trust (IBIT) brought in a total of $526.7 million from investors.
On Monday, Farside Investors reported that BlackRock’s iShares Bitcoin Trust (IBIT) brought in a total of $526.7 million from investors.
Beginning on July 23, spot Ethereum exchange-traded funds (ETFs) will begin trading on the Chicago Board Options Exchange (Cboe).
According to sources in the industry, the Securities and Exchange Commission has tentatively approved a minimum of three exchange-traded funds based on Ethereum.
On Thursday, the United States witnessed a net daily inflow of $78.93 million in spot bitcoin exchange-traded funds (ETFs), continuing a positive trend for the fifth consecutive day.
DigitalX, a blockchain-focused asset management firm, has received regulatory approval to launch a spot Bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX).
Digital asset investment products have received a total of $441 million in inflows as a result of the recent sell-off by Mt. Gox and the German government.
Even though the price of Bitcoin has recently dropped to $54,000, a decrease of 25% from its peak of $73,000 in March, there has been a surge in inflows for spot Bitcoin ETFs on July 5.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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