Adam Forsyth

BlackRock registers iShares Staked Ethereum Trust ETF in Delaware

Key Takeaways BlackRock’s iShares has filed registration for a staked Ethereum Trust ETF in Delaware, expanding its crypto offerings. The new trust will add staking capabilities to generate potential returns from Ethereum’s proof-of-stake system. Share this article BlackRock has registered a new statutory trust in Delaware under the name iShares Staked Ethereum Trust ETF, according…

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Centralization Blamed for Cloudfare Outage that Caused Billions of Dollars in Losses

Yesterday’s (November 18) Cloudflare outage caused billions of dollars in losses as the internet seemingly came to a standstill. The disruption affected many users trying to access  X, Truth Social, Reddit, ChatGPT, Coinbase, Ledger, BitMEX, DefiLlama, and many more. Ironically, many of the affected platforms and websites were crypto-related, a sector that promotes decentralization. However,…

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Bitcoin slips below key cost-basis levels amid declining ETF demand and weak spot activity

Key Takeaways Bitcoin fell below key cost-basis levels, signaling potential market weakness. ETF products are seeing outflows, removing a significant source of demand for Bitcoin. Share this article Bitcoin fell below critical cost-basis levels today as the digital asset faces pressure from declining ETF demand and weakened spot market activity. Bitcoin ETFs, investment vehicles that…

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Bitwise CIO predicts surge in crypto ETFs with index-based focus

Key Takeaways Bitwise’s CIO Matt Hougan forecasts a significant increase in index-based crypto ETFs as regulatory conditions improve in the US. Investors are showing a preference for diversified crypto portfolios rather than single-asset funds, boosting demand for index-focused products. Share this article Matt Hougan, Chief Investment Officer at Bitwise Asset Management, predicts a significant surge…

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