Bitcoin exchange-traded products took in a staggering $3 billion last week, thanks in large part to lingering jubilation over president-elect Donald Trump’s victory earlier this month.
“Year-to-date inflows now stand at a record $37 billion, driven primarily by Bitcoin,” a CoinShares report noted, “far outpacing the debut of U.S. gold ETFs, which attracted just $309 million in their first year.”
Keep in mind the firm tracks more than just spot Bitcoin ETFs in the U.S. CoinShares tracks funds that give investors exposure to digital assets, from Germany and Switzerland to Hong Kong and Australia.
🎮️ GG: 'Axie Infinity' Developer Sky Mavis Lays Off 21% of Staff, Confirms New Game
Sky Mavis, the firm behind Axie Infinity and the Ronin gaming network on Ethereum, confirmed layoffs while teasing a new Axie game.
🤖 EMERGE: Truth Terminal Integrates With Other AI Models in 'Next Step of Experimentation'
Viral AI agent Truth Terminal will integrate with models Fi and S.A.N to yield what one creator calls the “next generation of entertainment.”
🎭️ SCENE: Coinbase Sponsors Another NBA Team With LA Clippers Deal
The NBA’s Los Angeles Clippers are now sponsored by Coinbase, which also sponsors the league and the Golden State Warriors.
🎭️ SCENE: Apple Designer Susan Kare Brings NFT 'Esc Keys' to Asprey Studio
The designer’s iconic pixel art style is gracing a new collection of physical and digital artworks unveiled during Frieze London.
📚 Dive Deeper
📹️ WATCH: Bitcoin Dominance Falls, Bessent picked for Treasury, PumpFun streams Criticized
ETH/BTC begins to reverse, BTC dominance falls. Pro-crypto Bessent nominated for Treasury. BTC may reach $180k this cycle: Van Eck. CBOE to launch BTC ETF-linked options in Dec. PumpFun faces backlash on livestream content.
🎓️ LEARN: What Are Meme Coins and Tokens?
Inspired by Internet memes and current events, and promoted by influencers, meme coins and tokens have shot to prominence.
