BlackRock’s Bitcoin ETF Among the Top Five ETFs of the Year
According to Bloomberg ETF analyst Eric Balchunas, BlackRock’s spot Bitcoin ETF, IBIT, has entered the top five largest ETFs in the US with over $9 billion in fund inflows since the beginning of 2024. Just a month ago, IBIT was ranked 47th, surpassing the short-term Treasury bill ETF BIL. This is seen as a strong indicator of investors shifting from traditional safe-haven assets to digital assets.
Russia Plans to Streamline Seizure Process for Digital Assets
Russia’s Ministry of Justice plans to introduce a new bill aimed at accelerating the process of seizing digital assets and establishing a clearer legal framework. The bill, announced at the 13th St. Petersburg International Legal Forum, focuses on the impact of new technologies in the fight against crime.
Healthcare provider KindlyMD will complete its merger with Nakamoto Holdings, founded by David Bailey, a close associate of Trump, in the third quarter. Following the submission of the necessary documents to the SEC, the merger process will be finalized in the third quarter of 2025. Nakamoto aims to create a Bitcoin ecosystem.
New York Mayor Eric Adams Announces Digital Asset Initiative
New York City Mayor Eric Adams announced the formation of an advisory committee to make the city a digital asset hub. The committee will develop policies to encourage crypto investment. Additionally, the city administration plans to use blockchain technology for services such as birth and death certificates. The feasibility of allowing citizens to make payments using crypto is also being evaluated.
Astar Network Secures Strategic Investment from Animoca Brands
Japan-based Web3 infrastructure project Astar Network has received a strategic investment from Animoca Brands. The two parties will collaborate on the promotion of Japanese and Asian entertainment IP on the blockchain and the implementation of the “Anime ID” system based on Moca Network through Astar’s subnet Soneium.
The Blockchain Group Raises $9.75 Million
Blockchain Group, listed in Europe, has secured approximately $9.75 million in funding to support its Bitcoin-focused financial strategy. The funding was secured through private placement and capital increases.
Tether Issues an Additional 2 Billion USDT on the Tron Network
Tether has issued a total of 18 billion USDT on the Tron network throughout 2025. The recently added 2 billion USDT further highlights Tron’s significance in the stablecoin market and underscores Tether’s continued presence on this network.
by Darkex Research – 1 min read
Click for Market Pulse news articles prepared by the Darkex Research Team.
