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The firm's spot Bitcoin fund, the largest of its kind, passed $70 billion in AUM in 341 of trading, five times faster than a gold fund.
Lawmakers have included a measure aimed at protecting software developers in the latest version of a digital asset market structure bill.
Less than a week on the public market, issuers have already filed for ETFs tracking the stock behind the second-largest stablecoin.
The project noted that over 1,100 wallets participated in the Monday raise, with deposits averaging at $35,000.
Turnkey plans to use the fresh funding to scale its team and expand its modular infrastructure, with a focus on open-source contributions.
The company's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $62 billion.
The program aims to accelerate the firm's bitcoin treasury strategy, increasing the number of bitcoin per share on a fully diluted basis.
Mainstream interest is broadening beyond Bitcoin's "store of value" use case toward blockchain-based financial innovation, the analysts said.
Ethereum-based funds led for the second week in a row, while the usually dominant global Bitcoin investment products saw further net outflows.
NFT marketplace OpenSea saw 467,322 active users last month, as its revamped OS2 platform recently exited beta stage.