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BlackRock’s Bitcoin fund blows past $70B in record pace for ETFs – MAXBIT
BlackRock’s Bitcoin ETF milestone came shortly after the fund wrapped up a massive 31-day inflow streak. BlackRock’s spot Bitcoin exchange-traded fund has become the fastest ETF in history to surpass $70 billion in assets under management. “IBIT just blew through $70b and is now the fastest ETF to ever hit… Listen ⇢
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Investors Pour $224M Into Crypto Funds, But Bitcoin’s Outflows Raise Eyebrows – MAXBIT
Crypto asset investment products saw continued capital inflows last week, adding $224 million in net new money, according to the latest report from CoinShares. This marks the seventh consecutive week of positive flows, bringing the total to $11 billion during this period. Despite the headline inflows, investor sentiment appeared more… Listen ⇢
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BlackRock’s IBIT rockets to $70B in 341 days, 5x faster than previous record – MAXBIT
BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) crossed $70 billion in assets under management (AUM) on June 6, being the fastest to reach this mark in just 341 trading days. Bloomberg ETF analyst Eric Balchunas reported the milestone on X, noting that the fund beat the previous speed record… Listen ⇢
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Meme Coins Take Advantage of the LA Protest and American Politics Drama – MAXBIT
Over the past weeks, meme coins centered around US politics have consistently trended on decentralized exchanges. Recurring topics include the Trump/Musk split and the latest anti-ICE protests in Los Angeles. A few prominent examples include Grand Theft America, Kill (the) Bill, Rent Only Goes Up, The America Party, and more.… Listen ⇢
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Bitcoin Gets a Major Upgrade with Bitcoin Hyper Layer 2 – Next Crypto to Explode? – MAXBIT
Bitcoin Hyper is introducing a new layer of innovation to the world’s most recognized cryptocurrency. As a next-generation Layer 2 protocol, it’s built to overcome some of Bitcoin’s biggest challenges—enabling faster transactions, reduced fees, and real decentralized finance (DeFi) functionality. As the blockchain space continues to evolve, there’s growing pressure… Listen ⇢
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Amazon doubles down on AI with $20B Pennsylvania investment – MAXBIT
Amazon made similar commitments in North Carolina, with $10 billion earmarked to expand its data center infrastructure in the US State. Amazon is planning to pour $20 billion into the US state of Pennsylvania to build two new data centers to expand its AI infrastructure. The location for the data… Listen ⇢
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Blockchain Group Plans to Raise $340 Million to Expand Bitcoin Holdings – MAXBIT
Blockchain Group plans $340M raise to boost Bitcoin reserve holdings. TOBAM to purchase shares directly, bypassing traditional intermediaries. New offering may solidify Blockchain Group’s role in crypto finance. The Paris-based Blockchain Group has announced a bold new plan to raise $340 million. The company plans to add to its Bitcoin… Listen ⇢
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Javier Milei’s Conduct Deemed Ethical By Anti-Corruption Office – MAXBIT
Argentina’s President Javier Milei has been exonerated by the country’s Anti-Corruption Office regarding his involvement in the controversial LIBRA memecoin scandal, which resulted in significant financial losses for investors. The announcement, made by local media, indicates that the office found no legal violations in Milei’s promotion of the cryptocurrency earlier… Listen ⇢
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Staked Ethereum hits all-time high as ETH tops $2.7K – MAXBIT
The amount of Ethereum now staked is almost 30% of the current circulating supply, reaching a new record this week. Staked Ethereum has clocked a new record as the asset’s price reclaimed a 12-day high amid major institutional accumulation. The amount of Ether (ETH) staked on the Beacon Chain reached… Listen ⇢
Meet the podcast host, Emily Grace.
Emily Grace is a writer at crypto.readnow.cc, covering the latest trends, news, and insights in the world of cryptocurrency and blockchain.
