BlackRock pursues Bitcoin ETF and Tether backs $1.4 billion robotics funding, Laura Shin notes

BlackRock pursues Bitcoin ETF and Tether backs $1.4 billion robotics funding, Laura Shin notes
BlackRock files for Bitcoin ETF, Tether invests

Laura Shin reports that BlackRock has filed for a yield-paying Bitcoin ETF, entering into competition with Goldman Sachs to bring such a product to market.

She also highlights a rebound in cryptocurrency prices amid inflation reaching a three-year high. In addition, Tether is leading a $1.4 billion funding round in robotics firm Neura, while the CFTC has proposed its first venture into prediction markets.

Shin previously reported that Strategy sold $2.5 million in Bitcoin, breaking the firm's key $2.5 million ‘never sell’ promise. She has also covered CFTC oversight by noting that markets like Kalshi and Polymarket are treated as derivatives, not gambling, under regulatory guidance from the CFTC. These developments follow ongoing shifts in digital asset market participation and regulation.

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