By YDN Key Points: Ethereum ETFs have seen nine straight weeks of inflows since mid-May, signaling strong institutional appetite. On July 10 alone, daily inflows hit $383.1 million, pushing the week’s total to over $700 million before Friday’s figures. Fidelity and Bitwise are among major institutions framing ETH as a foundational asset for decentralized finance […]
Tag: ETH
By Emir Abyazov Bitcoin ETFs and Ethereum ETFs saw the second-largest single-day inflows in history. U.S. spot Bitcoin funds raised $1.17 billion, while Ethereum funds raised $383.1 million. This occurred even though many traditional financial advisors are still hesitant to offer these products to their clients. Fund flows in the US Bitcoin-ETF. Source: Farside Investors […]
By Emir Abyazov The Midas Project has accused OpenAI of violating tax laws and has filed a formal complaint with the U.S. Internal Revenue Service (IRS). The artificial intelligence watchdog organization alleges that the dual role of company head Sam Altman creates a conflict of interest that could threaten the nonprofit status of the firm […]