The largest asset management firm in the world, BlackRock, has concluded its 31-day streak of inflows into its spot Bitcoin exchange-traded fund (ETF), marking the largest outflow day since the product's inception in January 2024. On May 30, BlackRock’s iShares Bitcoin Trust (IBIT) saw its notable inflow period come to an end with a…

The Bank of Russia has granted approval for financial institutions to provide specific cryptocurrency-based financial products to accredited investors. Russian banks are now allowed to offer a variety of crypto offerings, such as crypto derivatives, securities, and other digital financial assets linked to cryptocurrency prices, as stated by the central bank on May 28.…

Japanese investment firm Metaplanet is seeking to raise $50 million by issuing zero-interest bonds as part of its plan to increase its Bitcoin holdings. In an announcement made on May 28, the company stated it is raising $50 million through its bond issuance. The bonds are sold in denominations of $1.25 million and do not…