Bitwise Asset Management and Osprey Funds announced on Aug. 27 that the Bitwise Bitcoin ETF will absorb $120 million worth of BTC from the Osprey Bitcoin Trust as part of an Asset Purchase Agreement.
US-based Bitcoin ETFs saw a net inflow of $202.6 million on Aug. 26, according to SoSo Value data. Ticker Sponsor Prem./Dsc. Aug. 26 Inflow Net Inflow BTC Share Value Traded IBIT BlackRock -0.13% $224.06M $20.93B 1.81% $704.81M GBTC Grayscale +0.02%...
Tokenized treasuries hit $2 billion in market cap, driven by key players like BlackRock and Franklin Templeton.
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BlackRock and other funds have collected billions of dollars worth of inflows for their Ethereum products. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though.
Less than five months after hitting $1 billion in market capitalization, tokenized Treasury notes have doubled in size again, crossing the $2 billion level on Saturday, according to data from RWA.xyz.
Vitalik Buterin highlights the risks of centralization in technology and advocates for decentralized solutions beyond finance, including open-sourcing brain-computer interfaces to protect privacy.
According to Spot On Chain, Bitcoin $BTC ETFs saw a substantial inflow of $252 million. On the other hand, Ethereum $ETH ETFs experienced an outflow of $5.7 million.
The RWA tokenization market surpasses $10 billion, led by BlackRock and Ondo Finance, as institutions increasingly blend TradFi with DeFi.
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