Bitcoin has once again emerged as a keystone in global financial markets, drawing billions into exchange-traded funds (ETFs) that hold its cryptocurrency. After experiencing stagnation for an extended period, its market momentum has experienced an unexpected upsurge recently due to rising institutional interest and renewed enthusiasm surrounding its potential as a store of value. Unfortunately,...
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BlackRock makes first step towards staked ETF with ether
The asset-management company BlackRock has opened a new fund vehicle in Delaware – dubbed”the IShares Staked Ethereum Trust–marking a major move towards launching an U.S.-listed ETF that trades on exchanges (ETF) that will offer investors exposure to not only Ether (ETH) as well also to the staking reward generated by the cryptocurrency asset. CoinDesk+2Binance+2 What...
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Huge Inflows into Crypto ETFs Show Rising Investor Interest
The cryptocurrency market has received a big push this week after reports showed huge inflows of money into crypto ETFs (Exchange-Traded Funds). According to market data, more than $5.95 billion has flowed into different crypto ETFs in just a few days. This is the highest level ever, showing that more and more people โ including...