Spot Bitcoin ETFs See $1B Weekly Inflows as Institutional Demand Surges
Spot Bitcoin ETFs attracted almost $1 billion in inflows last week, signaling renewed institutional confidence as geopolitical developments influence market sentiment.
Gas fees are transaction costs paid by users to process operations on a blockchain network. They compensate validators or miners for the computational resources required to execute transactions and smart contracts. Gas fees can vary depending on network congestion and demand. On platforms like Ethereum, fees are a critical part of network security and functionality. High gas fees have driven the development of Layer 2 solutions and alternative blockchains.
Spot Bitcoin ETFs attracted almost $1 billion in inflows last week, signaling renewed institutional confidence as geopolitical developments influence market sentiment.
Foundation, a prominent Ethereum-based NFT marketplace, is closing operations after a failed acquisition deal, highlighting ongoing challenges in the NFT market.
Crypto exchange-traded products recorded $1.1 billion in weekly inflows, led by Bitcoin and US spot ETFs as easing inflation and geopolitical developments boosted investor sentiment.
Spot Bitcoin ETFs record $471 million in inflows, marking the strongest daily performance since late February amid volatile market conditions.
New Google research suggests quantum computers may break crypto encryption with far fewer qubits than previously expected.
Ethereum developers introduce the Economic Zone framework to unify fragmented layer-2 networks and improve interoperability.
Bitcoin dips below $67K as $300 million in long liquidations and macro pressures weigh on the crypto market.
Citigroup lowered its 12-month price targets for Bitcoin and Ether, citing weaker network activity and delays in US crypto legislation despite continued ETF inflows.
BlackRock has introduced a Nasdaq-listed staked Ethereum ETF that combines spot ETH exposure with staking rewards. The product expands the firm’s digital asset investment lineup.
OP Labs, the team behind Ethereum Layer 2 solution Optimism, laid off 20 employees to focus on core initiatives amid a transitional year for the protocol.…