After weeks of steady withdrawals, investors are beginning to allocate fresh capital to U.S. spot bitcoin exchange-traded funds (ETFs). The shift follows a difficult start to the year for the products. From mid-October, when bitcoin’s price began its downfall, through late February, spot bitcoin ETFs recorded cumulative outflows of about $9 billion, according to data
Network News NEW SCALING PLANS FOR ETHEREUM: Ethereum co-founder Vitalik Buterin published a blog post on X outlining his latest vision for scaling the blockchain, arguing the network can boost capacity in the near term while laying the groundwork for a longer-term shift to advanced cryptography and>in which much of the ecosystem’s scaling strategy centered
Bitcoin surpassed $73,000, reaching its highest value in recent weeks, driven by increasing resilience in the cryptocurrency markets and strong capital inflows into US spot Bitcoin ETFs. Despite geopolitical tensions in the Middle East, optimism in the market has increased demand for digital assets. According to market data, Bitcoin rose approximately 8% during the day,
Chainlink CCIP and oracle services were selected by $ADI Foundation to serve the Digital Dirham stablecoin and tokenized assets on $ADI Chain. The partnership aims to achieve secure cross-chain connectivity for more than 1 billion users across MENA, Africa, and Asia. Chainlink and the Abu Dhabi-based $ADI Foundation have signed an agreement to tokenize real-world
One of America’s biggest banks, Morgan Stanley, has upped the ante in its push to launch a spot Bitcoin ETF product. As of March 4, the firm has filed an amendment to its earlier Form S-1, naming its latest custody partners. Morgan Stanley joins Bitcoin ETF bandwagon The banking giant first filed for the Morgan
Bitcoin, the first and largest cryptocurrency by market capitalization rose above $71,000 on Wednesday, gaining more than 9% in 24 hours and leading broad advances in major cryptocurrencies. Crypto markets rebounded on Wednesday, recovering from a prior sell-off and shaking off earlier pain in other asset classes. Bitcoin rallied nearly 9% to reach $71,928, its
Institutional adoption of Bitcoin proxy stocks continues to accelerate at a breakneck pace. According to a recent filing, legacy wealth manager Rockefeller Capital Management, which oversees a massive $198 billion in assets, has aggressively expanded its position in the Bitcoin treasury company Strategy Inc. (MSTR). The firm increased its holdings by a rather impressive 146%.
RWA tokenization has been established on multiple chains, with some networks already specializing to carry specific assets and provide liquidity infrastructure. RWA tokenization is evolving as some projects specialize and concentrate on selected chains. Currently, tokenized assets are a multi-chain phenomenon, spanning several ecosystems. Based on the number of holders, Ethereum is the leader in
Bitcoin climbed over the past 24 hours, raising a question across the market: how high can Bitcoin go this week? Bitcoin is currently trading near $71,370, up about 6.35% in the last 24 hours. The rally appears to be driven mainly by activity in derivatives markets, where a large number of bearish bets were suddenly
Crypto-related stocks opened the Wednesday U.S. session with sizable gains as bitcoin BTC$72,364.59 surged above $72,000 for the first time in almost a month. Crypto exchange Coinbase (COIN) jumped above $200 to its strongest price since late January, up 12% in the first minutes of trading. Strategy (MSTR), the largest corporate bitcoin holder, advanced nearly