DeFi protocol Renzo has declared a $3.2 million seed round, backed by leading cryptocurrency native funds. Renzo plans to use the funds to further develop its liquid restaking protocol, which has recently gone live on EigenLayer. Renzo’s seed round was headed by Maven11, and further investments were made by Figment Capital, SevenX, IOSG,
The newly issued iShares Bitcoin Trust ETF (IBIT) from financial behemoth BlackRock is being promoted in a subtle and unobtrusive manner, which is a departure from the norm. Some may find it dull, but experts in the field think it might be the key to luring the wealthy group. A
The price oracles are predicting a bright future filled with positive trends in the crypto space. Bitcoin (BTC), the top dog in the crypto world, is expected to reach an impressive $100,000 by the end of 2024. This forecast is causing a stir in the digital asset scene. But hold
Franklin Templeton, one of the issuers of the Spot Bitcoin ETF, made a bold move by cutting its sponsor fee, making it the lowest among its rivals. In its January 12 filing, the company reportedly opted to cut the yearly fee for its Bitcoin ETF from 0.29% to 0.19%. Along
In a surprising turn of events, Vanguard, the $7.7 trillion asset management giant, has announced that it will not be participating in the newly approved Spot Bitcoin ETFs, diverging from the trend set by other major firms. The decision comes on the heels of the US Securities and Exchange Commission’s
“The biggest difference between bitcoin ETF offerings isn’t just the product features,” says Bitwise CEO. “It’s the expertise of the asset manager and how they support investors’ success.” SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the largest crypto index fund manager in America, announced today the landmark launch of the Bitwise Bitcoin
A historic decision has been made by the United States SEC, which has approved the first spot Bitcoin exchange-traded funds (ETFs) in the nation. The decision is the culmination of months of waiting and a contentious legal struggle. This roundups an eventful 24 hours in which hackers momentarily took over
Today, the global cryptocurrency market displayed green candles as the U.S. Securities and Exchange Commission (SEC) finally granted approval for spot Bitcoin exchange-traded funds (ETFs). This long-awaited decision propelled Bitcoin (BTC) to reach a peak of $47,647 earlier in the morning. Interestingly, Bitcoin had initially spiked to $47,893 on Tuesday
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has given the green light to the country’s first regulated spot Bitcoin exchange-traded funds (ETFs). The approval, granted just a day after a false announcement briefly sent markets into disarray, marks the end of a challenging decade-long journey for
For the first time, BITB will offer U.S. investors low-cost access to bitcoin through a traditional, regulated ETF. SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the largest crypto index fund manager in America, announced today that the Bitwise Bitcoin ETF (BITB), the firm’s first spot bitcoin ETF, intends to begin trading on
