Ethereum investment deflates Ethereum News

Ethereum investment deflates

Investment products in ether (ETH), Ethereum’s cryptocurrency, globally, saw net outflows of $912 million last week. These outflows remained constant over that period, affecting a broad group of exchange-traded product (ETP) issuers, including U.S.-listed ether spot ETFs. The latter faced an outflow of $788 million, with no ETFs recording net inflows. Despite this pullback, cumulative inflows into ETH-based […]

Taiwan-based Sora Ventures to buy $1 billion worth of Bitcoin for new fund Bitcoin News

Taiwan-based Sora Ventures to buy $1 billion worth of Bitcoin for new fund

Sora Ventures, a Taiwan-based venture capital firm, plans to buy $1 billion worth of Bitcoin (BTC) for what it claims will be Asia’s first dedicated Bitcoin treasury fund. In a press release on Friday, the company, which specializes in blockchain investments and digital assets, announced the creation of a Bitcoin treasury fund to acquire $1 billion worth of BTC within six months. This fund, […]