Gemini Distributes $2.18B to Earn Users
Crypto Exchange Gemini has initiated the reimbursement process for users of its defunct lending program, Earn.
Hashdex Drops its Spot Ether ETF Application
Investment manager Hashdex has withdrawn its application for a proposed spot Ether exchange-traded fund (ETF).
Inflows into Crypto-based Products Reach $1B
In the May 18 to May 24 period, cryptocurrency investment products experienced a significant inflow of $1.05 billion, marking the third consecutive week of positive trend, as reported by CoinShares.
Bernstein: The Crypto ETF Market Will Grow to $450 Billion
Bernstein forecasts that the total value of exchange-traded funds based on Bitcoin and Ethereum will reach $450 billion within the next two years.
BlackRock Funds Buy Shares of its Bitcoin ETF
In the first quarter of this year, BlackRock’s income and bond-focused funds purchased shares of the company’s own Bitcoin exchange-traded fund (ETF), according to regulatory filings.
Donald Trump’s Crypto Assets Holdings Exceed $10 Million
His on-chain portfolio has now exceeded $10 million, mainly thanks to the increasing value of the MAGA (TRUMP) meme coin.
Mt. Gox Moves Funds from Cold Wallets for First Time in 5 Years
Early on Tuesday, the now-defunct cryptocurrency exchange Mt. Gox transferred approximately 107,000 Bitcoin, worth around $7.2 billion, according to data from Arkham Intelligence.
