Bitcoin Briefly Touches $110K Before Jobs Data Dampens Fed Rate Cut Hopes
Bitcoin experienced a wave of volatility early Thursday as stronger-than-expected U.S. employment figures threw cold water on hopes for near-term interest rate cuts. Stronger Jobs Report Cools Bullish Momentum BTC/USD surged to nearly $110,300 before retreating sharply, according to TradingView data, as fresh U.S. labor numbers surprised to the upside. June’s nonfarm payrolls report revealed […]
BlackRock’s Bitcoin ETF Now Outpaces Its Flagship S&P 500 Fund in Fee Revenue
BlackRock is earning more from its spot Bitcoin ETF than from its longstanding S&P 500 fund—a major shift that reflects changing investor priorities, according to a recent report. The iShares Bitcoin Trust (IBIT) has officially surpassed the iShares Core S&P 500 ETF (IVV) in terms of annual fee income. Nate Geraci, president of NovaDius Wealth […]
First-Ever Solana Staking ETF Launches Strong With $12M in First-Day Inflows
The debut of the first Solana staking ETF in the United States has made waves, closing its first trading day with $12 million in inflows — a promising milestone for staking-focused crypto funds. The REX-Osprey Solana Staking ETF (ticker: SSK) officially began trading on the Cboe BZX Exchange on Wednesday. According to Bloomberg ETF analyst […]