The Business & Technology Network
Helping Business Interpret and Use Technology
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For nine days now, BlackRock’s Ethereum-focused ETF, ETHA, has enjoyed inflows not just for a day or two, which would already be impressive, but for a week plus two days. It has accumulated during that time period over $492 million. It is worth noting, as a first instance of this kind of streak, that BlackRock’s September inflows have thus far exceeded its August inflows. Record-Breaking Inflows...
Increasingly, the evolution of Bitcoin from a speculative digital asset to a basic building block of institutional investment portfolios is being seen. Recent data have shown that the number of large holders of CME Bitcoin futures has surged to an all-time high of 217. That marked a 36% increase since the beginning of this year. The data strongly suggest sustained accumulation, not short-term, in...