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Thanh_TDo

@thanhtdo

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SharpLink Gaming buys $463 million in ETH, becomes No. 2 holder after Ethereum Foundation Minnesota-based affiliate marketing firm SharpLink Gaming (ticker: SBET) purchased 176,270.69 ETH for about $463 million as part of an effort to grow its Ethereum treasury strategy. The purchase positions SharpLink behind only the Ethereum Foundation, the independent organization overseeing the Ethereum ecosystem, which holds 214,129 ETH valued at over $540.7 million, according to crypto data tracker Arkham. "This is a landmark moment for SharpLink and for public company adoption of digital assets,” said SharpLink Gaming CEO Rob Phythian in a Friday statement. “We believe Ethereum is foundational infrastructure for the future of digital commerce and decentralized applications. Our decision to make ETH our primary treasury reserve asset reflects deep conviction in its role as programmable, yield-bearing digital capital.”
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BlackRock’s spot Bitcoin ETF becomes fastest to hit $70 billion, crushing gold's previous record The firm’s bitcoin-based IBIT fund, the largest of its kind, surpassed $70 billion in assets in just 341 days of trading, making it the fastest ETF to reach that milestone, according to Bloomberg Senior ETF Analyst Eric Balchunas. "IBIT just blew through $70 billion and is now the fastest ETF to ever hit that mark in only 341 days, which is 5x faster than the old record held by GLD of 1,691 days," Balchunas posted to X Monday. With more than $70 billion in assets, BlackRock’s bitcoin ETF is by far the most popular among similar funds that track the cryptocurrency’s price. Fidelity’s spot Bitcoin ETF is a distant second, with about $31 billion in assets, according to The Block Data Dashboard. IBIT recently saw a 34-day streak of inflows.
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