Crypto News
ETF Weekly Recap: Bitcoin ETFs Soar to Record-Setting Week With $3 Billion Inflow
Bitcoin ETFs recorded a historic $3.06 billion in net inflows last week, their second-highest weekly haul since inception, while ether ETFs staged a comeback with $157.09 million in fresh capital. Bitcoin ETFs Ride Momentum With Massive Weekly Inflow As Ether ETFs Join the Party Crypto ETF inflows returned to previous highs last week, as investorSource link
Coinbase Targeting 4%-8% Returns With New Bitcoin Yield Fund
Coinbase Asset Management is rolling out a new fund for institutions to receive a yield on their bitcoin (BTC) holdings.Opening on May 1 for non-US institutional investors, the Coinbase Bitcoin Yield Fund aims to deliver a 4% to 8% annualized net return, according to a press release on Monday. Among those backing the fund, Abu Dhabi-based Aspen Digital said yield will initially be generated through basis trading, with lending and options strategies to be used in the future.The so-called bitcoin basis trade involves capitalizing on the spread between futures and spot markets. It became popular at the tail end of 2024 as hedge funds notched a record high of $14.2 billion in BTC short positions, whilst simultaneously buying spot bitcoin...
Saylor Calls Bitcoin a ‘Historic Entry Point,’ Predicts It ‘Will Rip Forward With a Vengeance’
In a recent interview, Strategy’s Michael Saylor characterized the present moment as a pivotal entry point for bitcoin, contending that many of the earlier risks tied to the asset have largely been eliminated. Michael Saylor: Bitcoin Is the Only Asset the U.S. Would Refuse to Sell On Monday, Strategy—the firm previously recognized as Microstrategy—announced itSource link
What is Base? The Ethereum Layer-2 Network Launched by Coinbase
Base is designed to house Coinbase’s on-chain products and provide an open ecosystem for dapps, onboarding “billions of users.”Source link
Filecoin’s Clara Tsao: Building an Open and Trusted Internet
Did AI write the sentence that you’re reading right now? Did AI create the photograph you just saw online? Was the shocking, controversial story that tipped an election actually real, or AI-fueled misinformation?These are questions Clara Tsao has wrestled with for years, ranging from protecting national security (where she was the CTO of a team focused on countering homegrown extremism) to creating a better internet, where she’s co-founder of the Trust & Safety Professional Association. (She also somehow finds time to be the President of the White House Presidential Innovation Fellows and serve as Senior Advisor at Tech Against Terrorism.)“For me, it's always been about, how do we bring more democracy to the web, because it's an open network that...