US Crypto Funds Smash Old Record Amid 4-Week Inflow Streak | ZeroHedge

Authored by Helen Partz via CoinTelegraph.com,

Cryptocurrency investment products continued receiving healthy inflows last week, attracting $882 million as global crypto funds approached all-time high asset levels.

Global crypto exchange-traded products (ETPs) recorded $6.3 billion of inflows in the past four weeks, accounting for 93% of total inflows year-to-date (YTD), according to data from European crypto investment firm CoinShares.

Total YTD inflows (more…)

Continue ReadingUS Crypto Funds Smash Old Record Amid 4-Week Inflow Streak | ZeroHedge

In Volatile Markets, RWAs Like Gold Are A Lifeline | ZeroHedge

Authored by Kevin Rusher via CoinTelegraph.com,

It’s a volatile world out there. This year, we’ve seen stocks take a wild ride as gold has pumped and crypto has been caught somewhere in the middle. Investors have dumped risk assets and scrambled for safe havens. Gold is leading the charge.

While gold is safe, it is not very hard-working. Unlike cash and treasuries, the yellow metal does not generate income. Now, more than ever, investors need to be able to earn yield on (more…)

Continue ReadingIn Volatile Markets, RWAs Like Gold Are A Lifeline | ZeroHedge

Arizona Becomes Second State To Establish Strategic Bitcoin Reserve | ZeroHedge

Authored by Oscar Zarrage Perez via BitcoinMagazine.com,

Arizona has made history by becoming the second state in the U.S. to create a Strategic Bitcoin Reserve. 

On Thursday, Governor Katie Hobbs signed House Bill 2749 into law, officially launching the Arizona Bitcoin & Digital Assets Reserve, a pioneering move that channels profits from unclaimed property into Bitcoin and other top-tier digital assets.

The bill outlines several key features: (more…)

Continue ReadingArizona Becomes Second State To Establish Strategic Bitcoin Reserve | ZeroHedge