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Share link:In this post: Vanguard isn’t launching a crypto ETF because they don’t want to copy what BlackRock is doing. The company thinks crypto is too risky and volatile to fit into their long-term investment strategy. Even though BlackRock’s Bitcoin ETF is making big money, Vanguard is not impressed.
A recent update from Eigen Labs revealed that it would introduce Permissionless Token Support on EigenLayer. The feature will enable actively validated services (AVSs) to add ERC-20 tokens as restaked assets permissionless-ly. The Permissionless Token Support will also enable AVSs to improve their cryptoeconomic security.
Share link:In this post: Over 40% of asset managers put more money into Bitcoin ETFs in Q2 2024. Bitwise found that around 66% of big investors kept or added to their Bitcoin investments through spot ETFs in the US during the second quarter. ETFs offer institutional investors a regulated and secure method to include Bitcoin in their portfolios.
Hougan’s analysis shows 44% of institutional investors increased Bitcoin ETF holdings in Q2, with 22% maintaining their positions.
Privacy-focused cryptocurrency Zcash topped the crypto charts recently. But that’s no surprise because of these two main reasons.