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Spot Bitcoin ETFs See Record Inflows Led by BlackRock’s IBIT

Monday saw the biggest net inflow of $526.7 million for BlackRock’s IBIT, the biggest spot bitcoin exchange-traded fund by net asset value, since March 13. Net inflows of $533.57 million were recorded by ten U.S spot bitcoin ETFs yesterday, with the exception of Bitwise’s BITB, as reported by SoSoValue. Following

July 23, 2024 1 min read

Will ETH Rise to $4K Post Approval of Ethereum ETF?

Ending the eight month, the Securities and Exchange Commission (SEC) flashed the greenlight to the entry of spot Ethereum Exchange Traded Funds (ETF’s) in the U.S. This approval of ETH ETFs began trading in the market today.    The investors were highly anticipating the new crypto asset to invest in. ETH

July 23, 2024 2 mins read

Grayscale’s Massive $1B ETH Move Stirs Speculation Amid Spot ETF Launch

US spot Ethereum ETFs received approval from the SEC on Monday after leading issuers filed 424(b) forms. Grayscale issuing two of the nine spot ETFs was observed transferring ETH tokens worth $1.01 billion from its Coinbase Prime deposit onto the platform’s Hot Wallet 8 hours ago. This has led to

July 23, 2024 2 mins read

Swisstronik Launches Incentivized Testnet 2.0 For Crypto Enthusiasts And Developers

Swisstronik, a modular Layer 1 ecosystem, is thrilled to announce the release of its Incentivized Testnet 2.0. Now blockchain enthusiasts and developers worldwide can connect with Swisstronik’s state-of-the-art ecosystem and shape the development of the blockchain platform focused on compliance and data protection. Swisstronik is a company headquartered in Zurich,

July 23, 2024 3 mins read

Multiple Spot Ethereum ETFs Approved by NYSE Arca, Awaits SEC Nod

Two Ethereum ETFs, one from Grayscale and one from Bitwise, will be listed and traded on the New York Stock Exchange Arca (NYSE Arca). This approval was formally announced by the exchange. In accordance with SEC filings, NYSE Arca has authorized the registration and listing of Spot Ethereum ETFs. These

July 22, 2024 2 mins read