Blackrock now manages $2.93 billion in tokenized assets on blockchain networks, with Ethereum leading at $1.1 billion. The majority of these assets are in the BUIDL fund, a tokenized money market product rated AAA-mf by Moody's, which operates across eight blockchains and targets qualified investors. Blackrock has filed with the SEC to launch two new tokenized funds, BSTBL and BRSRV, aimed at stablecoin holders to earn regulated yields on reserves. This expansion reflects the growing trend of tokenizing real-world assets and cash management moving onchain, with competition increasing from major financial firms and regulatory approvals shaping the pace of growth.
BitMine has increased its Ethereum holdings to 5.77 million ETH, about 4.8% of the total supply, after acquiring 27,801 ETH in the past week. This move, supported by major investors like ARK and Pantera, values BitMine's Ethereum assets at roughly $1...
At WebX 2026 in Tokyo, Fundstrat co-founder Tom Lee described Ethereum as the foundational 'operating system' for next-generation finance, enabling tokenized assets, stablecoins, and AI-driven commerce. He highlighted Ethereum's role as a settlement ...
Cryptocurrency markets fell 1-3% overnight, with Bitcoin dropping 1% to $63,000 and similar declines for Ethereum and Solana. However, Bitcoin ETFs reversed a two-month outflow trend, showing net inflows that suggest renewed institutional investor in...
Most major cryptocurrencies saw price declines, with Bitcoin dropping 1.69% to about $62,863 and Ethereum down 1.26% near $1,780. Other notable coins like Binance Coin and Cardano also fell, while a few tokens such as Avalanche and NEAR showed modest...
Ethereum failed to hold the $1.8k level, dropping to $1,773 before slightly recovering to around $1,780. Two major traders opened significant positions: one placed a $53.49 million 20x short bet, while another opened a $53.49 million 10x long bet, re...
