US spot Bitcoin ETFs now hold about $78 billion in assets, with BlackRock's iShares Bitcoin Trust (IBIT) controlling $47.5 billion, or roughly 61% of all Bitcoin in US spot ETFs. Since its launch in January 2024, IBIT has attracted $50-$63 billion in net inflows, highlighting strong institutional demand. This concentration means over 5.7% of Bitcoin's circulating supply is locked in regulated ETFs, impacting market dynamics and liquidity risks. Investors should note the dominance of BlackRock and consider alternatives like Fidelity's FBTC to diversify ETF exposure.
Yuga Labs has introduced Mudwater, a new physical and digital trading card collection based on Bored Ape Yacht Club (BAYC) artwork, available on Solana. BAYC holders can claim 10 packs per NFT, while Mutant Ape Yacht Club (MAYC) holders get two packs...
Two banks, Standard Chartered and Cross River Bank, announced new institutional services involving Ripple USD (RLUSD) and XRP Ledger settlements. Standard Chartered will offer custody for RLUSD in Dubai, while Cross River plans to enable RLUSD and XR...
On October 18, Bitcoin (BTC) and Ether (ETH) perpetual futures funding rates stayed within a neutral range, indicating mixed market sentiment across trading platforms. BTC traded slightly higher at $81,758.98, while ETH dipped to $2,416.25. Funding r...
A Hyperliquid address maintained a significant short position of 10,046.13 Ether (ETH), valued at approximately $24.23 million, according to an Oct. 18 snapshot when Ether was priced at $2,412.10. This position was slightly larger than the 10,032.42 ...
Ondo Finance announced it has surpassed $4 billion in assets under management across all products, including $1.3 billion in tokenised stocks and ETFs. Despite this milestone, Ondo's market share in tokenised stocks fell from 56% in January to about ...
