Fitch Believes Valuation of Stablecoin Market Rises Moderately Amid BTC Rally
Despite BTC’s rally to yearly highs, the stablecoin sector has not seen its full benefit, according to Fitch.
BlackRock CEO: Bitcoin is an International Asset
Larry Fink, the head of the powerful financial company BlackRock, stated that buying Bitcoin is an effective method of guarding against inflation, instead of investing in precious metals.
Nasdaq Updates BlackRock’s Bitcoin ETF Listing Application
Nasdaq and Coinbase have reached a preliminary agreement to list Coinbase as a joint market watch partner on the updated Form 19b-4 for BlackRock’s Spot Bitcoin ETF.
CryptoQuant: Crypto Miners Move 33,860 BTC to Exchanges in 15 Days
Over the past two weeks, approximately 33,860 Bitcoins have been sent by miners to crypto exchanges, totaling more than $1 billion.
ProShares’s Bitcoin ETF Weekly Flow Reaches a Yearly High
Over the past week, the ProShares Bitcoin Strategy (BITO) fund has seen cumulative inflows of $65.3 million – its highest value since the beginning of the year.
Valkyrie Files Application to Launch a Spot Bitcoin ETF
Valkyrie Funds yesterday submitted a filing to the US Securities and Exchange Commission (SEC) for its Valkyrie Bitcoin Fund ETF.
The Trading Volume of Grayscale’s Bitcoin Trust Increases 4-fold
Grayscale Investments’ GBTC has seen a remarkable 400% increase in trading volume, jumping from $16.1 million to $80 million.
