Michigan’s State Pension Fund Triples Bitcoin ETF Exposure, Demonstrating Strong Belief In Crypto’s Future
The State of Michigan Retirement System has tripled its exposure to Bitcoin through the ARK 21Shares Bitcoin ETF.
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The State of Michigan Retirement System has tripled its exposure to Bitcoin through the ARK 21Shares Bitcoin ETF.
In a powerful show of investor confidence, spot Ethereum exchange-traded funds (ETFs) broke all records in July with $5.43 billion in net inflows. It marks the highest monthly inflow since their market debut and reflects a sharp 369% rise from June’s inflow of $1.16 billion. With 20 straight days of…
As crypto markets faced a sharp correction this week, ETH dropped nearly 7% this week, dipping below $3,400 level. Despite the pullback, the institutional confidence in Ethereum appears stronger than ever.During the latest market dip, BlackRock’s ETH ETF stood its ground, with zero outflows while ot…
Ethereum (ETH) dropped over 6% in the past 24 hours, sliding to around $3,630 after briefly touching the $3,800 mark.The pullback comes after a robust July rally, which saw the world’s second-largest cryptocurrency surge more than 50%, its best monthly gain in three years.Despite the recent dip, on-…
July now ranks as U.S.-based crypto ETFs' best month ever in terms of capital inflows, according to Bloomberg Senior ETF Analyst Eric Balchunas."U.S. Crypto ETFs took in $12.8b in July, the best month ever, a $600m/day pace, about double average," Balchunas posted to X on Friday. "As a group that's …
The XRP community went crazy after Elon Musk’s AI chatbot, Grok, claimed that the SEC has officially dropped its appeal in the Ripple vs SEC lawsuit. But seasoned former securities lawyer Marc Fagel says the claim is completely false, and warns against trusting AI chatbots for legal updates.The SEC’…
Bitcoin remains trapped in a tight consolidation range that began over two weeks ago, fueling expectations of an imminent breakout or breakdown. The lack of decisive movement has created a state of market indecision, with neither bulls nor bears taking full control. Price continues to hover between …
Story HighlightsThe Ethereum price today is  $ 3,840.77961417.ETH price with a potential surge could hit $6,925 in 2025.The price of Ethereum could reach a high of $15,575 by 2030.Amidst the positive turn of events, most cryptocurrencies are riding the bullish wave. And Ethereum too is not left behi…
Despite recent selling pressure from Ripple’s co-founder, Chris Larsen, and a 20% drop in XRP’s price this month, the token remains trading above $3, signaling strong resilience in the market. Investor sentiment remains cautiously optimistic, especially with the anticipation surrounding XRP ETF fili…
By Steven M. SearsAmericans may vehemently disagree about politics, but they increasingly agree on this: They love U.S. stocks. And they're not alone. International investors increasingly want our stocks, too.That insight is often overshadowed by negative media coverage of President Donald Trump, an…
The US Securities and Exchange Commission approved and then immediately paused the conversion of Bitwise’s crypto index fund into an exchange-traded fund, leaving it in limbo pending a review.The SEC's Division of Trading and Markets granted an “accelerated approval” of the Bitwise 10 Crypto Index c…
The U.S. Securities and Exchange Commission (SEC) has approved the conversion of the Bitwise Crypto Index Fund into a full-fledged exchange-traded fund (ETF), marking a significant step for diversified crypto investments. But just as markets began to react, the ETF’s launch was suddenly delayed due …