Thursday Top Crypto News In one short thread…
Yesterday, the Bitcoin spot ETFs recorded a total net inflow of $218 million, marking five consecutive days of net inflows. Ethereum spot ETFs saw a total net inflow of $211 million, with four consecutive days of net inflows.
U.S. spot bitcoin exchange-traded funds surpassed $50 billion in cumulative total net inflows yesterday, marking the first time this milestone has been reached.
Dubai-based airline Emirates has signed a memorandum of understanding (MoU) with Crypto .com to explore integrating the exchange’s crypto payments functionality into the airliner’s payment systems.
Revolut is reportedly in discussions to raise $1 billion at a $65 billion valuation. The funding round, led by U.S. investment firm Greenoaks, will involve both new shares and existing stock sales.
YZi Labs, the venture investor closely affiliated with former Binance CEO Changpeng "CZ" Zhao, said it is supporting 10X Capital in launching a  BNB treasury company they hope To have public ally trading in the US.
The statement said "The BNB Treasury Company, which intends to pursue a public listing on a major U.S. stock exchange, aims to create a business that will provide investors in the USA with exposure to the growth and benefits of BNB, the world's 4th largest digital asset token by market cap, and will be focused exclusively on the BNB Chain ecosystem.”
Crypto majors trade at the following levels BTC 111,200 (up 2.3% in 24 hours) ETH 2,780 (up 6%) XRP 2.418 (up 3.75%) SOL 156.80 (up 2.7%) Have a great day!
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