This week's market and economic highlights:
▶ Yesterday's #ETF Flow
*Top #Bitcoin ETFs net inflow today: IBIT 64.86M, FBTC 1.41M.
*US $BTC ETFs see 26M outflows, all from @Grayscale.
*#$ETH ETFs net inflow today: $ETH 42.63M, ETHV 18.28M, ETHW 16.34M, ETHA 16.08M.
*US $ETH ETFs see 303.61M outflows, all from @Grayscale Ethereum Trust.
▶ On Friday, #Bitcoin outpaced the wider cryptocurrency market during the Asian trading session, climbing 4.4% to approach $67,000, whereas the @CoinDesk 20 Index increased by 3.3%.
▶ Nonco successfully executed its first swap with @twinstake_io on Wednesday, marking the launch of its new fixed-rate yield solution for Ethereum ($ETH) validators. This innovative offering leverages the CESR™ (Composite Ether Staking Rate) as a benchmark, providing a reliable and predictable income stream by reflecting the liquid term structure of implied staking rates.
▶ On Tuesday regulators approved the first U.S #ETFs that invest directly in #Ether, the world's second-largest crypto. Among the issuers receiving assent from the U.S. SEC are @21Shares AG, @BitwiseInvest, @BlackRock, @InvescoUS , @FTI_US, @Fidelity, and @vaneck_us .
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