BlackRock Launches Bitcoin ETF In Brazil
Blast Launches Mainnet, Robinhood<>Arbitrum For Swaps, BoA's Merril and Wells Fargo Now Offer Bitcoin ETFs
Welcome to Coinfeeds Daily Digest! Today we cover Bitcoin Bank of America's Merril and Wells Fargo starting to offer Bitcoin ETFs to its wealth management clients, and BlackRock launching a version of its IBIT Bitcoin ETF in Brazil. Worldcoin developer Tools for Humanity has bought a Solana-based wallet company Ottr Finance, Robinhood has partnered with Arbitrum to offer crypto swaps to its users, and a now-popular Ethereum layer 2 Blast has finally launched its mainnet, unlocking around $2.3 billion in staked tokens. Moreover, StarkWare has launched a cryptographic prover called Stwo that's to reduce latency and processing costs, for which the announcement was made at the ETHDenver conference.
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BlackRock Launches Bitcoin ETF in Brazil
BlackRock, the world's largest asset manager, is set to launch its spot Bitcoin ETF named IBIT39 in Brazil. This move marks a pivotal moment in the integration of digital currencies into mainstream financial markets in Latin America's largest economy. The ETF will initially be accessible to qualified investors, with plans to open it up to retail investors in the near future. | Read More
Bitcoin ETFs Now Offered By Wells Fargo and Bank of America's Merril
Two of the largest banks in the United States, Wells Fargo and Bank of America's Merrill, have started offering spot Bitcoin ETFs to select wealth management clients who have brokerage accounts and request access. This development is noteworthy because it signifies a level of acceptance and recognition of cryptocurrency's potential value as an investment asset by major financial institutions. | Read More
Ethereum L2 Blast Launches Mainnet
Blast's mainnet launch has been a game-changer for the Ethereum ecosystem, unlocking nearly $2.3 billion in staked cryptocurrency. This development has allowed users to withdraw a substantial amount of funds, including 469,000 ETH, 44.3 million USDC, 67.1 million USDT, 148,000 stETH, and 24.1 million DAI. Blast has introduced a native yield model for ether and stablecoins, promising returns of 4% for ether and 5% for stablecoins. | Read More
Worldcoin's Company Acquires Solana-based Ottr Wallet
Worldcoin's Tools for Humanity has recently acquired Ottr Finance, a startup known for its Solana-based digital wallet. This acquisition marks a pivotal step for Worldcoin as it aims to expand into the world's largest human network to enhance online trust and global economic access in the age of AI. Ottr Wallet, known for its efficiency and security in the Solana ecosystem, will be sunsetted as the team shifts its focus to support Worldcoin's broader mission. | Read More
StarkWare Launches 'Stwo' Cryptographic Prover
Stwo is a state-of-the-art cryptographic prover developed by StarkWare, designed to significantly improve the speed and efficiency of generating cryptographic proofs. This technology leverages zero-knowledge proofs, specifically Circle STARKS, to ensure transactions are not only faster but also more secure. | Read More
Robinhood Partners with Arbitrum To Offer Swaps
Robinhood, a popular trading platform, has partnered with Arbitrum, a leading layer-2 blockchain solution built on Ethereum. Announced at the ETHDenver event, this collaboration is set to bring a new wave of accessibility and efficiency to Robinhood Wallet users, allowing them to engage in swaps on the Arbitrum network. | Read More