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BlackRock's iShares Bitcoin Trust (IBIT) has cemented its position as the world's largest Bitcoin ETF, amassing $20 billion in assets under management. This milestone underscores the growing institutional interest in cryptocurrency and BlackRock's dominance in the financial markets. IBIT’s rapid as

Bitcoin spot ETFs have hit a significant milestone, holding over 1 million BTC. As of May 24, more than 30 Bitcoin ETFs collectively own 1,002,343 BTC, worth about $70.5 billion. This represents approximately 5% of the global circulating BTC supply. The surge in Bitcoin spot ETFs, particularly in t

Ethereum’s path to a bull run seems clearer than ever, according to analysts, following the SEC’s recent approval of Ethereum exchange-traded funds (ETFs).  This move marks a significant regulatory milestone for the second-largest cryptocurrency by market cap. The approval has driven Ethereum’s pr

Michael Saylor, founder of MicroStrategy, believes that the approval of spot Ether ETFs could benefit Bitcoin. Saylor is a strong Bitcoin supporter. His business is built on buying as much Bitcoin as possible. No wonder, he is looking for bullish signs everywhere. And he is lucky enough to find th

The landmark approval of eight spot Ether ETFs by the U.S. Securities and Exchange Commission was expected to send Ethereum prices soaring. However, ETH remains stagnant. Why? Zach Rynes, a crypto commentator, suggests that the lack of movement reflects a market phenomenon where those keen to inves