Tag: US

BitMine Adds $103M in Ethereum, Strengthening Largest Corporate ETH Treasury

By Marco Piccolo Key highlights: BitMine Immersion Technologies purchased 23,823 ETH worth $103.7 million on October 10, continuing its aggressive accumulation strategy. The company now holds 2.83 million ETH, valued at approximately $12.3 billion, making it the largest corporate Ethereum treasury. Despite recent criticism from Kerrisdale Capital, BitMine remains committed to its goal of acquiring […]

JPMorgan Estimates Solana ETFs Will Attract Modest $1.5B in First-Year Inflows

By Marco Piccolo Key highlights: JPMorgan forecasts Solana ETFs could see around $1.5 billion in net inflows during their first year. The estimate is significantly lower than Ethereum ETFs, reflecting weaker investor sentiment and onchain activity. Despite high expectations for SEC approval, JPMorgan warns of “investor fatigue” and growing competition from other crypto investment products. […]