Over the past 20 days, BlackRock's iShares Bitcoin Trust (IBIT) has gained about $1.08 billion in inflows, while Grayscale's Bitcoin Trust (GBTC) saw $254.7 million in outflows. The key factor driving this divergence is the fee difference: IBIT charges 0.25% annually, much lower than GBTC's 1.5%. BlackRock's strong distribution network and earlier ETF launches have attracted more investors, pushing IBIT's assets above $60 billion. This shift reflects a broader trend where US spot Bitcoin ETFs now hold 6% of all Bitcoin, potentially influencing price dynamics and institutional adoption narratives going forward.
XRP Ledger's Batch V1.1 amendment has gained 27 of 35 validator votes, just one vote shy of the 80% needed to start its two-week activation process. The update allows users to combine up to eight transactions into one atomic operation, ensuring linke...
Bitcoin surged about 3% to over $79,000 after weeks of decline, driven by President Trump's optimistic remarks on a US-Iran deal and progress on the US Senate's Clarity Act, a key crypto regulation bill. Trump's comments also caused oil prices to fal...
Bitcoin fell below $78,000 after rising above $79,000, pressured by uncertainty over the U.S. Digital Asset Market Clarity Act and rising oil prices. The Senate is set to vote on the Clarity Act, which aims to clarify crypto regulation between the SE...
Solana has launched its Transaction V1 upgrade, increasing the maximum transaction size from 1,232 bytes to 4,096 bytes. This enhancement allows developers to include more data in a single transaction, supporting complex trades, multi-signature walle...
Borr Drilling has agreed to sell its 51% equity stake in Mexican joint ventures Perfomex to its local partner, who will take full ownership and manage the jack-up rigs operating with PEMEX. Borr will keep ownership of the rigs and continue contracts ...
