BlackRock has filed for a yield-paying Bitcoin ETF, intensifying competition with Goldman Sachs to bring such a product to market. This move comes as the cryptocurrency market experiences a rebound despite inflation reaching a three-year high, suggesting that the market bottom may not yet be in place.
In other developments, Tether is leading a significant $1.4 billion funding round in robotics firm Neura, highlighting its investment diversification strategy. Meanwhile, the Commodity Futures Trading Commission (CFTC) has proposed its first rule for prediction markets, marking a regulatory milestone in the crypto space.
BlackRock Files Yield-Paying Bitcoin ETF Amid Market Volatility
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