Cantor Fitzgerald is reportedly close to finalizing a SPAC deal valued between $3 billion and $4 billion to purchase Bitcoin. The deal involves collaboration with Adam Back, a prominent figure in the cryptocurrency space. This move underscores the growing institutional interest in Bitcoin as a strategic asset. In other developments, SharpLink has emerged as the largest corporate holder of Ethereum after acquiring 74,656 ETH for $213 million. This acquisition highlights the increasing corporate adoption of Ethereum as a key digital asset. Meanwhile, the NYSE Arca has approved the ProShares Ultra XRP ETF, marking a significant step for XRP in the ETF market.