Look, I am not an expert in public markets, but raising money to buy more Bitcoin seems to be the obvious new alpha for public companies.

MicroStrategy pioneered this strategy, and now, 4 years later, it’s the most compelling and successful story in corporate finance. Microstrategy has been the best-performing stock in the last 4 years, beating every US company, including NVIDIA. That’s crazy, right? All thanks to Bitcoin.

I am sure the CFOs of most public…

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On November 14, 2024, the U.S. Bitcoin ETFs exhibited a strong positive net flow overall, indicating active investor participation and bullish market sentiments. BlackRock’s Bitcoin ETF (Ticker: IBIT) saw a notable inflow, adding 2,548 BTC to its holdings, while Fidelity’s Bitcoin ETF (Ticker: FBTC) also experienced a significant increase with an additional 2,053 BTC.

Other funds recorded positive inflows as well; ARK’s Bitcoin ETF (Ticker: ARKB) gained 160 BTC, Bitwise (Ticker: BITB) added 136 BTC, Grayscale’s BTC fund (Ticker: BTC) saw an increase of 168 BTC, and VanEck’s (Ticker: HODL) garnered an extra 113 BTC. Invesco Galaxy’s (Ticker: BTCO) also reported a smaller gain of 92 BTC.

However, Grayscale’s GBTC (Ticker: GBTC) faced a net outflow, decreasing by 207 BTC, while Valkyrie’s (Ticker: BRRR) and Franklin Templeton’s (Ticker: EZBC) holdings remained unchanged.

The total holdings across these ETFs reached 1,051,004 BTC, reflecting a substantial net daily increase of 5,063 BTC, equivalent to approximately $488.8 million in market value. This activity underscores a day marked by significant capital inflows and investor optimism in the Bitcoin ETF space.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Confidence in Bitcoin and other cryptocurrencies is soaring, prompting a majority of institutional investors to boost their long-term investments in the sector. According to the Swiss crypto bank Sygnum’s Future Finance survey, 57% of participants from 27 countries are planning to increase their stakes in digital assets. The U.S. approval of Bitcoin Spot ETFs is a significant driver, enhancing market sentiment and accelerating institutional adoption.

Martin Burgherr, Chief Clients Officer at Sygnum Bank, cites improved global regulations as key to this trend. He points out that clearer regulatory frameworks have reduced historical barriers such as market volatility and security concerns, which previously deterred traditional investors from entering the crypto space. This newfound clarity is enticing more institutions to commit to cryptocurrencies, with many focusing on scalable layer-1 solutions and Web3 infrastructure.

Despite ongoing challenges like high-profile security breaches in decentralized finance, institutions are increasingly optimistic about crypto. Sygnum’s survey reveals a shift in investment strategies, with 40% of respondents favoring actively managed crypto exposures and a keen interest in integrating advanced technologies such as artificial intelligence into their crypto ventures.

Franklin Templeton has made a significant move by expanding its OnChain U.S. Government Money Market Fund (FOBXX) to Ethereum, the second-largest blockchain by market cap. This marks a key development in the asset manager’s strategy, having already added new blockchains like Coinbase’s Base, Aptos, and Avalanche earlier this year. Stellar remains the primary network, emphasizing the growing trust and utilization of public blockchains in mainstream finance.

Launched in 2021, FOBXX was the pioneer money market fund to utilize public blockchain technology for recording transactions and ownership, boasting a current market cap of $410 million. It ranks as the third-largest tokenized money market fund, trailing BlackRock’s BUIDL and Ondo’s USDY, which have rapidly accrued assets under management since their inception.

Ethereum’s adoption by Franklin Templeton not only underscores its status as a preferred platform for issuing tokenized assets but also aligns with Grayscale’s recent findings. Grayscale highlighted Ethereum’s meaningful decentralization and neutrality, essential for a global tokenization platform. This step by Franklin Templeton could set a benchmark for asset tokenization, potentially ushering in a new era for financial transactions on blockchain platforms.

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On Tuesday, Breez announced its latest partner, Yopaki, a Mexican neobank. Yopaki has integrated with Breez’s free and open-source SDK, which enables its users to have a non-custodial Lightning wallet without having to run their own Lightning node. (More on how this works here.)

Before continuing, I have to say that I get a little bit jealous whenever Breez makes such announcements, because they make me wish that Breez could partner with…

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After becoming the official game of the NFL Pro Bowl, as well as confirmed inclusion in the 2028 Summer Olympics, flag football is rapidly gaining global recognition as a safer and more easily scalable sports phenomenon. Across the International Federation of American Footballʼs 75 national member federations, flag football is expected to overtake tackle football worldwide in terms of organized participation opportunities in the next few years.

The event is led by an eleven-year NFL veteran Russell Okung, a Super Bowl Champion and a member of the Executive Committee of the NFL Players Association (NFLPA), and former Vice President of the NFLPA, who has been a powerful advocate for…

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