Abu Dhabi Doubles Down on Bitcoin via BlackRock’s IBIT Trust Abu Dhabi’s sovereign wealth fund, Mubadala, has increased its exposure to Bitcoin during the volatile first quarter of 2024 by acquiring additional shares in BlackRock’s iShares Bitcoin Trust (IBIT), according to a U.S. Securities and Exchange Commission (SEC) filing released Thursday. The Form 13F disclosure…
Market sentiment is shifting fast. XRP just marked a major milestone with its ETF debut, earning praise from Teucrium’s CEO and igniting fresh institutional interest. Solana (SOL), once hailed as Ethereum’s strongest rival, appears to be falling behind, with a price chart hinting at a potential drop. But just as these familiar names dominate headlines,…
The narrative is shifting with the buzz surrounding a potential Dogecoin ETF and a surprising resurgence in XRP ETF conversations. The ETF era in crypto has entered a thrilling new phase, where meme coins are no longer just speculative tokens but evolving into institution-worthy assets. These legacy giants are setting the stage for newer, more…
(Reuters) – President of the United States, Donald Trump, has announced that a binding deal between Trump Media & Technology Group and another US company has been reached. This new diversification of the company is an attempt to expand into the financial services sector. The agreement stated that a specific set of exchange-traded funds (ETFs)…
With the launch of the world’s first exchange-traded fund meant to track the spot price of XRP, the cryptocurrency linked to Ripple, Brazil has struck another landmark in digital asset integration into traditional finance. The trading of this new fund kicked off on April 25 on B3, Brazil’s leading stock exchange. As investment products positioned…
CRO, the native cryptocurrency of the Cronos blockchain, was up briefly in value after the news that Trump Media was going to partner with Crypto.com to set up a new exchange-traded fund. This optimism was short-lived as CRO dropped once again, leaving investors concerned about the future. Preliminary Excitement: CRO’s Lethargic Ascent CRO was at…
Reversal of BTC Price Movement: An Increase in ETF Investment After a period of relative calm, the cryptocurrency market appears to be gaining momentum again as Bitcoin exchange-traded funds (ETFs) have surpassed their highest inflows in the past three and a half months. This recent surge in investment points to a recovery in sentiment that…
Ethereum ETF investment took a hit, as the market saw an outflow of $18.6 million on March 21st alone. In the last 24 hours, Ethereum (ETH) slid above $2,000 again. As ETH keeps struggling in this $2,000 range, investors battling its price uncertainty are looking for a promising investment. For many, FloppyPepe (FPPE), a meme…
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