The Daily: US bitcoin ETFs hit record $1.4 billion daily inflows, Ethereum Foundation report $789 million in crypto holdings and more
Nov 08, 2024 19:10
U.S. spot bitcoin ETFs hit a record daily net inflow of nearly $1.4 billion on Thursday, eclipsing the prior peak of just over $1 billion set on March 12.The Ethereum Foundation’s financial report revealed it holds $970 million in assets, with $788.7 million in cryptocurrencies, 99.5% of which is in ether, as of Oct 31.Binance Labs ventured into the decentralized science (DeSci) sector with an undisclosed investment in BIO Protocol, aiming to transform how early-stage scientific research is financed and commercialized.The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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