Bitcoin

Bitcoin News — Page 9

Bitcoin price action, ETF flows, mining, Lightning, and protocol development. 371 stories curated by CryptoCatalyst.

BitGo Joins Fortune 500 with $16.2B Revenue, Marking Milestone for Regulated Bitcoin Infrastructure
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BitGo Joins Fortune 500 with $16.2B Revenue, Marking Milestone for Regulated Bitcoin Infrastructure

BitGo, a regulated Bitcoin custody service, has joined the Fortune 500 list after reporting $16.2 billion in revenue. The company's inclusion highlights the growing institutional adoption of Bitcoin and regulated crypto services. BitGo, now operating as a federally chartered OCC trust bank, powers custody for major Bitcoin ETFs, stablecoins like World Liberty Financial’s USD1, and SoFiUSD, underscoring institutional adoption of regulated crypto infrastructure.

via Bitcoin Magazine#bitgo#fortune 500#bitcoin custody
Spot Bitcoin ETFs Snap Five-Day Outflow Streak with $85.8 Million Friday Inflow as Ether Funds Keep Sliding
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Spot Bitcoin ETFs Snap Five-Day Outflow Streak with $85.8 Million Friday Inflow as Ether Funds Keep Sliding

Spot Bitcoin ETFs reversed a five-day outflow streak with $85.8 million in inflows on Friday, led by BlackRock's IBIT with $57.7 million. Fidelity's FBTC added $18.0 million, and no fund reported a net outflow. Meanwhile, Ether funds continued to see outflows, highlighting a divergence in investor sentiment between the two leading cryptocurrencies.

via The Block#bitcoin#etf#inflows