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US Bitcoin ETFs Record Ninth Consecutive Day of Gains, Adding $53.35 Million


U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT garnered $110.37 million in inflows, whereas Grayscale’s GBTC experienced $53.86 million in outflows. Blackrock’s IBIT Boosts...

SEC approves Grayscale & ProShares spot Ethereum ETFs for trading


The US SEC (Securities and Exchange Commission) has approved 2 Ethereum ETFs for trading. The ETFs will be listed on the NYSE’s (New York Stock Exchange) Arca trading platform.  The news was officially shared by the SEC in its July 17 filing. The notice stated that the approval of the Form 19b-4...

Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO


Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will significantly impact ether prices, potentially driving them above $5,000...

Grayscale Launches Decentralized Crypto AI Fund for Accredited Investors


Grayscale Investments has announced the launch of the Grayscale Decentralized AI Fund, aimed at providing exposure to blockchain-based artificial intelligence (AI) protocols. The fund, available to accredited investors, includes a basket of decentralized AI crypto protocols, rebalanced quarterly....

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