Canary Capital has registered a Delaware trust for a staked Injective ETF, marking an early step toward potentially launching a tradable INJ product in the U.S. Canary Capital has established a trust for an exchange-traded fund offering exposure to staked…
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Circle IPO prompts $50m investment from Japan’s SBI Holdings [btcmanager]
Japanese banking firm SBI Holdings has announced a $50 million joint investment into Circle, following its recent $1.1 billion IPO. According to the financial giant’s official press release, the total investment worth at least $50 million will be divided equally…
Uphold weighs IPO or sale at $1.5B+ valuation [btcmanager]
Uphold is weighing a potential initial public offering or strategic sale as it explores ways to fuel further growth. Digital asset platform Uphold is exploring a potential IPO in the U.S. or a strategic sale, CEO Simon McLoughlin told The…
Solana eyes institutional use; Lightchain AI attracts early movers with presale [btcmanager]
As Solana courts institutions, Lightchain AI is winning early investors with $21m raised, a completed 15-stage presale, and real AI infrastructure already in motion. #partnercontent
Analysts think Circle’s IPO signals caution for Bitcoin, here’s why [btcmanager]
The recent public listing of stablecoin USDC issuer Circle has been all the buzz lately, particularly following its strong debut. But could the success have negative implications for Bitcoin? A recent report from crypto market analyst 10x Research suggests Circle’s…
BlackRock’s IBIT becomes the fastest ETF in history to surpass $70 billion AUM [btcmanager]
BlackRock spot Bitcoin ETF has officially become the fastest exchange-traded fund in history to surpass $70 billion in assets under management. According to a June 9 post on X by Bloomberg ETF analyst Eric Balchunas, the iShares Bitcoin Trust crossed…
BlackRock’s IBIT becomes the fastest ETF in history to surpass $70 billion AUM [btcmanager]
BlackRock spot Bitcoin ETF has officially become the fastest exchange-traded fund in history to surpass $70 billion in assets under management. According to a June 9 post on X by Bloomberg ETF analyst Eric Balchunas, the iShares Bitcoin Trust crossed…
SEC chair Paul Atkins proposes “innovation exemption” to spur onchain development [btcmanager]
Under the leadership of Paul Atkins, the U.S. Securities and Exchange Commission is looking to fast-track crypto innovation through exemptions and tailored rulemaking. During the fifth meeting of the SEC’s Crypto Task Force roundtable titled DeFi and the American Spirit,…
Sky rolls out staking rewards, distributes $1.6M USDS in first week as SKY price climbs 12% [btcmanager]
Sky Protocol, formerly MakerDAO, launched its much-anticipated staking rewards program, and the numbers are already turning heads. In a June 9 post on X, the team revealed that more than $568 million worth of SKY tokens have been staked, with…
Bitcoin exchange reserves dry up as BTC price approaches $110K — is a new ATH on the horizon? [btcmanager]
Bitcoin surged roughly 3.8% over the past 24 hours, briefly breaking above the $110,000 mark before settling around $109,600 by Tuesday morning Asian hours. This move marks Bitcoin’s (BTC) strongest performance in June so far, reversing last week’s drop that…