Bitwise co-founder Hong Kim is a hardcore Bitcoiner who’s determined to uphold Bitcoin’s ideals as his company, which issued one of the 11 US spot bitcoin ETFs, brings bitcoin to the world of traditional finance.
US spot Bitcoin ETFs saw their sixth consecutive day of net inflows totalling around $65 million, highlighting growing mainstream institutional demand. BlackRock's IBIT led the day with $75.5 million in inflows.
Spot Bitcoin ETFs in the U.S. recorded their largest daily inflow in almost a month on Monday at $129 million, marking a bullish sign for Bitcoin as historically positive July seasonality approaches.
Goldman Sachs' head of digital assets calls Bitcoin ETFs an "astonishing success", signaling a pivot after years of Bitcoin skepticism from the Wall Street giant.
The New York Stock Exchange plans to launch options contracts tied to the CoinDesk Bitcoin Price Index, marking another major traditional finance player entering the Bitcoin space.
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