Cantor Fitzgerald has launched a $4 billion Bitcoin special-purpose acquisition company (SPAC), anchored by Blockstream CEO Adam Back’s contribution of 30,000 BTC valued at $3.5 billion. Initially capitalized at $200 million, the SPAC will transition to the name BSTR Holdings… Read More »Cantor Fitzgerald Launches $4 Billion Bitcoin SPAC Backed by Adam Back’s 30,000 BTC
The U.S. Securities and Exchange Commission’s review of Grayscale Investments’ proposal for a diversified cryptocurrency ETF could fundamentally reshape institutional digital asset adoption pathways. Grayscale seeks to convert its Digital Large Cap Fund into a multi-crypto ETF, positioning it to… Read More »SEC Review of Grayscale Multi-Crypto ETF Proposal Signals Potential Institutional Investment Shift
Fidelity Investments has submitted an initial S-1 registration statement to launch a spot Solana exchange-traded fund (ETF), with the filing prominently featuring staking capabilities. This move positions Fidelity among the first major institutions seeking regulatory approval for a Solana-based ETF… Read More »Fidelity Files for Spot Solana ETF with Staking Feature Amid Industry-Wide Push
US-listed spot Bitcoin exchange-traded funds (ETFs) experienced a significant net inflow of $431.12 million, marking the largest single-day capital influx in two weeks. BlackRock’s iShares Bitcoin Trust (IBIT) led the surge with $337 million in new investments, followed by Fidelity’s… Read More »Bitcoin ETFs Record $431 Million Inflow Amid Institutional Confidence Despite Cautious Derivatives Sentiment
Cryptocurrency fund assets reached an unprecedented $167 billion in May, driven by substantial institutional inflows following the approval of the US spot Bitcoin exchange-traded fund (ETF). This milestone reflects heightened institutional engagement despite ongoing regulatory uncertainties across the sector. Bitcoin-focused… Read More »Crypto Fund Assets Hit Record $167 Billion as Institutional Inflows Surge Post-Bitcoin ETF Approval