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BlackRock’s IBIT continues to lead net inflows in spot bitcoin ETFs
BlackRock’s IBIT continues to lead net inflows in spot bitcoin ETFs

The 11 U.S. spot bitcoin ETFs reported a total daily net inflow of $28.32 million on Wednesday.As of Tuesday, BlackRock’s IBIT became the largest spot bitcoin ETF in terms of net assets.

The Block·2024/05/30 05:55
Galxe to release alpha mainnet of Layer 1 blockchain in June using Arbitrum Nitro
Galxe to release alpha mainnet of Layer 1 blockchain in June using Arbitrum Nitro

Web3 credentials platform Galxe plans to launch a new Layer 1 blockchain named Gravity, aimed at streamlining cross-chain interactions. The alpha mainnet, using the Arbitrum Nitro stack, is targeted to launch in June 2024 for preliminary testing. A fully operational mainnet is expected in the second quarter of 2025.

The Block·2024/05/30 05:52
Fidelity’s spot ether ETF appears on DTCC under ticker FETH
Fidelity’s spot ether ETF appears on DTCC under ticker FETH

Fidelity’s proposed spot ethereum fund was listed on the DTCC website, following those from BlackRock, VanEck and Franklin Templeton.The U.S. SEC approved 19b-4 forms for eight spot ether ETFs last week.

The Block·2024/05/30 03:58
Flash
01:39
Spot Gold Drops to $4,300/Ounce for the First Time Since March 23
On June 8, spot gold fell to $4,300 per ounce, marking the first time it has reached this level since March 23. (Jin Shi)
01:20
South Korean President: Will Decide How to Most Effectively Utilize Surplus Tax Revenue Generated by the Chip Industry
BlockBeats News, June 8, South Korean President Lee Jae-myung: Will decide how to most effectively utilize the surplus tax revenue generated by the chip industry.
00:48
Jensen Huang: Everyone Has the Opportunity to Buy Stocks at Lower Prices
On June 8, NVIDIA CEO Jensen Huang stated that everyone has the opportunity to buy stocks at lower prices. This morning, the South Korean stock market opened with a sharp drop of 8%, leading to a trading halt after a circuit breaker was triggered.
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