Yesterday, on a relatively sleepy day in the crypto markets, the iShares Bitcoin Trust ETF (IBIT) pulled in nearly $1 billion. That’s the second largest inflow since the ETF was launched in 2024. The day ultimately ended with $591.2 million in new capital, with heavy outflows from competitors: Fidelity’s FBTC lost $86.9 million, Bitwise’s BITB dropped $21.1 million, and ARK’s ARKB saw $226.3 million.
Nate Geraci @NateGeraci
Nearly *$1bil* into iShares Bitcoin ETF today…
2nd largest inflow since Jan 2024 inception.
I still remember when there was “no demand”.
1:39 AM • Apr 29, 2025
479 Likes 71 Retweets
23 Replies
SoFi is bringing back crypto investing
SoFi $SOFI ( ▲ 0.68% ) CEO Anthony Noto said the fintech bank will bring back crypto investing this year after a “fundamental shift” in the regulatory landscape under the Trump administration. The bank had previously been forced to drop crypto investing in late 2023 as a condition of receiving a bank charter in a time of heightened federal scrutiny of digital assets.
Bitcoin Archive @BTC_Archive
JUST IN: SoFi to launch Bitcoin and crypto trading for 10 million customers – CEO
SoFi was forced to drop Bitcoin features in 2023 when it became a regulated bank under the Biden admin.
Another Trump win!
12:10 PM • Apr 29, 2025
1.71K Likes 274 Retweets
71 Replies
Mastercard Gets Into Stablecoins
Mastercard, serving 1.1 billion users, has announced the launch of a global stablecoin payment system. The company has partnered with OKX and Nuvei to issue the OKX Card, which will link crypto trading with traditional spending. The partnership is part of Mastercard's broader strategy to support stablecoin payments at over 150 million merchants globally.
New Drilling Breakthrough Spawns Second Shale Boom
The Department of Energy say it could power America for millions of years. And both grizzled oilmen and clean energy supporters love it: Energy Secretary Chris Wright called it “an awesome resource,” while Warren Buffett, Jeff Bezos, Mark Zuckerberg, and Bill Gates are all directly invested. Here's the name of the company at the heart of it all.
SPONSOR
Polygon spin-off Miden raises $25 million in seed funding for privacy-focused blockchain (The Block)
The Most Profitable Business Per Employee in the World (Pirate Wires)
Ex-Chief Legal Officer of Kraken is joining Panetera as a GP (X)
Nasdaq submits proposal to list 21Shares Dogecoin ETF (The Block)
What has Trump done for crypto in his first 100 days? (Protos)
This Gold Discovery Is Making Headlines
With high-grade gold, a prime location, and experienced leadership, this gold play is catching attention. Learn about this early opportunity.
