Bitcoin ETFs Boost, MetaMask-Robinhood Partnership, Oobit's Funding Success, BlackRock's ETF Milestone, and MicroStrategy's Massive BTC Purchase
Bitcoin ETFs Mean 'Substitution' From Gold Into BTC Will Continue, Says Cathie Wood
Cathie Wood of ARK Invest highlights a growing trend of investors choosing Bitcoin over gold. With the advent of spot exchange-traded funds (ETFs), accessing Bitcoin is becoming easier, potentially accelerating the shift from traditional gold investments to digital gold. This move could significantly impact the financial landscape as ETFs make Bitcoin more accessible to a wider audience.
MetaMask Deal With Robinhood Broadens Crypto Access
MetaMask's integration with Robinhood aims to bridge traditional finance and the crypto economy, enhancing access to digital assets. This partnership enables MetaMask users to buy cryptocurrencies through Robinhood, further simplifying the journey for users to enter the web3 space and promoting wider crypto adoption.
Crypto Payments App Oobit Raises $25M in Series A Funding Round Led by Tether
Oobit, a mobile payments app, has secured $25 million in Series A funding, with Tether and other notable figures in the blockchain industry participating. The app facilitates crypto payments at any Visa or MasterCard point of sale, marking a significant step towards crypto's integration into everyday transactions.
BlackRock’s Bitcoin ETF reaches top 0.2% of all ETFs so far this year
BlackRock's iShares Bitcoin Trust ETF emerges as a top performer, showcasing the increasing interest and investment in Bitcoin-based financial products. Despite its late start, the ETF's success underscores the growing institutional and retail demand for cryptocurrency exposure through traditional investment vehicles.
MicroStrategy buys $37M in Bitcoin, bringing holdings to 190,000 BTC
MicroStrategy continues to deepen its investment in Bitcoin, purchasing an additional 850 BTC. This move reaffirms the company's belief in Bitcoin as a foundational asset for digital transformation and underscores the growing trend of corporate investment in cryptocurrencies.
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