Pyth Network Targets Bloomberg’s $50 Billion Market-Data Empire
Pyth Network is pushing deeper into the more than $50 billion market for financial data, launching 24/7 index products across metals, oil, and U.S. equities as it positions its onchain…
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Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avoiding outflows, even as spot ethereum ETFs bled for…
SEC Approves Active Crypto ETF With BTC, ETH and XRP on Eligible Asset List
The SEC approved NYSE Arca’s proposal to list and trade shares of the T. Rowe Price Active Crypto ETF, placing BTC, ETH, XRP, SOL, DOGE, and XLM among eligible assets.…
Blackrock Files Final Pre-Launch Form for Bitcoin Covered-Call ETF, Analyst Gives 1-Week Window
Bloomberg Intelligence senior exchange-traded fund (ETF) analyst Eric Balchunas said on Thursday that Blackrock’s Ishares Bitcoin Premium Income ETF could be live on Nasdaq within a week after the firm…
‘De-Worsified, Not Diversified’: Robert Kiyosaki Warns Investors on a Hidden Risk
Robert Kiyosaki says most people who think they are diversified are actually “de-worsified,” holding a pile of assets that all sink together when markets turn. Word Play With a Warning…
Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto
Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not…
Binance’s New US Stock-Trading Service Pulls in $400 Million in Its First Week
Binance’s freshly launched U.S. stock-trading service has amassed more than $400 million in assets under management just one week after going live, an early sign of demand as the exchange…
Bitcoin ETFs Bleed $91 Million as Ether ETFs Pull in $82 Million in Single-Day Rotation
U.S. spot bitcoin exchange-traded funds shed $91.37 million on June 8 even as their ether counterparts attracted $82.37 million, a one-day divergence that hints at capital rotating between the two…
HYPE Returns to Inflows as ETFs Attract Fresh Capital
Crypto ETF flows were split on Monday, June 8, as ether ETFs drew a strong $82.37 million inflow while bitcoin ETFs finished with a $91.37 million outflow. HYPE returned to…
Coinbase’s D’Agostino: Governments and Family Offices Are ‘Happy’ to Buy Bitcoin at a Discount
Coinbase strategist John D’Agostino says the world’s biggest buyers aren’t panicking over bitcoin’s slide, with sovereign wealth funds and family offices being more than “happy” to scoop up the asset…