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BlackRock Inches Closer to Bitcoin ETF

BlackRock is making significant progress in its journey towards a Bitcoin ETF. The company recently updated its S-1 filing with the SEC, providing new details about the proposed fund denoted by the IBIT ticker. This move has been well received by industry experts, with Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, noting that BlackRock’s transition to a cash-only approach is a positive sign.

Shibarium Hits Record 130 Million Inscriptions

Shibarium, a layer-2 solution, has achieved a remarkable milestone by surpassing 130 million inscriptions. This accomplishment is attributed to the hard work of the Shibarium team, as the platform continues to outpace its competitors in terms of user engagement and gas fees.

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Ethereum’s Buterin Makes Significant Transfer to Coinbase Wallet

Vitalik Buterin, co-founder of Ethereum, has made a substantial transfer of 500 ETH (approximately $1.1 million) to a Coinbase Custody Wallet. This move has sparked speculation within the crypto community, prompting Buterin to clarify that these transfers are primarily donations to charities, nonprofits, or other projects.

This article was originally published on U.Today

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