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BlackRock Dominates Bitcoin ETF Flow
Hey crypto trailblazer, 👋
One ETF giant is leaving the competition in the dust, while new integrations and token moves are setting the stage for a busy August. Let’s get into it.
📈 BlackRock’s ETF Now Commands the Bitcoin Market
BlackRock’s iShares Bitcoin Trust (IBIT) has pulled far ahead of every other BTC ETF. It now holds over $18 billion in assets, accounting for 38% of total Bitcoin ETF market share — nearly double the size of Fidelity’s fund.
New SEC proposals could soon streamline options trading for spot crypto ETFs, potentially unlocking even more institutional capital.
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🗞 PayPal, Polygon, and Strong Solana Momentum
Here are other highlights you may have missed:
PayPal’s stablecoin PYUSD went live on Solana, aiming to offer faster and cheaper transactions.
Polygon’s token upgrade is locked in. MATIC will officially rebrand to POL.
Solana continues its hot streak, outperforming most majors alts recently.
Stay epic,
Epic Crypto News Team
DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.
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