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The $50 billion mark in cumulative net inflows is a defining moment for bitcoin's institutionalization, one analyst commented.
This comes after Trump Media said in April that it is exploring the possibility of a utility token within a Truth digital wallet.
FTX has identified $800 million in creditor claims across 49 potentially restricted nations, with China accounting for 82%.
The move follows several other firms turning to the stockpiling of different cryptocurrencies as their prime function.
Bitcoin Cash emerged as a notable exception, posting a 25% return that significantly outpaced Bitcoin's modest gains.
Surging past $112,000 Bitcoin set a new all-time price high as institutional demand continues to grow.
Spot Bitcoin ETF AUM continues to rise, sitting around $146 billion, reflecting sustained institutional interest despite market volatility.
Thumzup Media also disclosed that Donald Trump Jr. owns 350,000 shares, worth about $4 million at current prices.
Lawmakers will have to contend with how to define crypto, address Trump's crypto interests and ultimately finalize rules for the industry.
As the self-proclaimed top holder of TRUMP, Sun recently attended a dinner earlier this year hosted by the president.