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BlackRock’s remunerative bitcoin ETF is about to launch at a lower price than its competitors

BlackRock is set to launch a Bitcoin fund that pays income. The world’s largest asset manager filed its fourth amendment for the iShares Bitcoin Premium Income ETF on Tuesday, according to its SEC filing. The fund will trade on Nasdaq under the symbol BITA. Revenue comes from options. The fund holds Bitcoin and shares of […]

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Token Bound to Ripple Above $1.10 as ETF Flows Rise

XRP managed to hold the $1.10 area, which is important after last week’s sharp decline, but the recovery still appears timid. Institutional money continues to flow into XRP-related products and futures activity has picked up sharply, but the price remains near multi-month lows as Bitcoin and the broader market recover more aggressively. News context •

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Underlying inflation gave crypto a bounce, but only bitcoin held up this week

The crypto saw modest bidding on Thursday after Wednesday’s inflation report showed underlying price pressures remained contained. Bitcoin rose about 1.9% over 24 hours to around $62,600, leading the majors, according to CoinDesk data. Headline inflation rose 0.5% on the month and 4.2% on the year, the fastest annual pace since April 2023, but energy

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Bitcoin DAT buying collapses from $500 million per day to almost negligible

Bitcoin BTC$62,566.23 lost buyers on two fronts. The exodus from spot ETFs as a catalyst for the recent Bitcoin price slide is well documented. Less talked about is the equally significant decline in purchases by treasuries of digital assets or by companies whose primary business is accumulating bitcoins as treasury assets. “As BTC fell from

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Botanix bet big on “Bitcoin DeFi”. Its shutdown suggests users never cared

Layer 2 Bitcoin network Botanix is ​​shutting down a year after its mainnet went live. The project cited market conditions and greater indifference within the cryptocurrency industry towards establishing greater utility on the Bitcoin network, in an article on X on Tuesday. “It didn’t work,” Botanix summarized. “At least not in this market and not

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Kalshi now asks users to reveal their employers in order to combat insider trading and market manipulation.

Kalshi said it would begin requiring some users to disclose their employers as part of a broader campaign to crack down on insider trading and market manipulation on its market prediction platform. The federally regulated exchange said Tuesday the new policy would apply to markets it considers to have a higher risk of insider activity

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