BlackRock: Bitcoin ETF is the company's main source of revenue

BlackRock stated that Bitcoin ETFs have become the company's primary source of revenue. （Watcher.Guru）

The firm's US-listed spot bitcoin ETF IBIT, launched in January 2024, reached $70 billion in assets in record time and has generated hundreds of millions in fees.

The CEO of Tether, with a market value of $160 billion, stated that Bitcoin should be included in the curriculum of every high school. （The Bitcoin Historian）

[US SEC Commissioner States Cryptocurrency Self-Custody is a Fundamental Right] Hester Peirce, Commissioner of the U.S. Securities and Exchange Commission (SEC) and head of the SEC Cryptocurrency Working Group, reiterated that cryptocurrency self-custody and financial transaction privacy are fundamental rights, and stated that online financial privacy should become the standard. Additionally, Senator Tim Scott revealed that the 'Digital Asset Market Structure Clarity Act' has been postponed until 2026. This act involves self-custody, anti-money laundering regulations, and asset classification, among other topics.

The weekly inflow of funds into the spot Bitcoin ETF has turned positive for the first time, with a total inflow of $70 million. （Cointelegraph）