# BitGo

Analysts: Since the beginning of July, the inflow of funds into Ethereum ETF has approached 10 billion USD.
According to HashKey News, Bloomberg analyst James Seyffart stated on the X platform: "Ethereum ETF is in an absolute explosive phase. Since early July, its inflow has approached $10 billion. In addition, the cumulative inflow of the Ethereum ETF since its listing is nearly $14 billion."
$ETH #Cryptocurrency #Blockchain #Circle #BitGo Coinbase

REX-Osprey is expected to launch the first DOGE ETF next week.
According to Hash Chain News, REX Shares and Osprey Funds are expected to launch the first ETF for direct investment in DOGE as early as next week. Their team has submitted the relevant prospectus to the U.S. Securities and Exchange Commission, with the trading code DOJE. Additionally, ETFs related to XRP, BONK, TRUMP, as well as Bitcoin, Ethereum, and SOL were also mentioned. Analyst Eric Balchunas pointed out that Rex may be the first to launch the DOGE ETF under the Investment Company Act of 1940, and other related ETFs may also

Bitcoin Spot ETF net outflow of $227 million, BlackRock IBIT leads in net inflow.
According to Hashchain News, yesterday, Bitcoin Spot ETF saw a total net outflow of $227 million, with BlackRock's IBIT achieving a net inflow of $135 million, bringing the historical total net inflow to $58.804 billion. In contrast, the ETF ARKB from Ark Invest and 21Shares had the highest net outflow, with a daily net outflow of $125 million.
$BTC #Cryptocurrency #Blockchain Circle #BitGo BitcoinETF

NBA star Thompson predicts BTC will rise to $150,000 by the end of the year, refusing to issue personal tokens.
According to news from Hash World, NBA player Tristan Thompson revealed plans to launch an on-chain basketball project "Basketball.f Fund" before the start of the new season, combining virtual basketball with prediction markets to enhance player value assessment through fan interaction. He predicts that the price of Bitcoin may reach $150,000 by the end of 2025, and achieving this goal will drive the altcoin market to rise, bringing substantial returns to investors by the end of the

Arthur Hayes predicts that the injection of funds into the TGA by the U.S. Treasury may trigger a "rise only" mode in the crypto market.
According to HashKey News, Arthur Hayes stated that once the U.S. Treasury reaches its target and injects $850 billion into the TGA account, the crypto market will enter a "only rise and no fall" mode. Currently, the TGA balance has surpassed $807 billion. With the end of liquidity shortages, this upward trend may reappear. However, not all analysts agree with Hayes's prediction; Bitwise's André Dragosch stated that the relationship between net liquid

Bit Digital will raise $100 million through convertible bonds to expand its Ethereum reserves.
According to news from Hash World Chain, Bit Digital, a treasury company for Ethereum, plans to raise funds by issuing $100 million in convertible bonds to purchase more Ether. The company has submitted a preliminary prospectus to the U.S. Securities and Exchange Commission, with Barclays, Cantor, and B. Riley Securities as the lead underwriters. Since July, Bit Digital has not made large purchases of Ether, but has been accumulating and staking ETH since 2022.
$ETH #BitGo Ethereum #Blockchain Cryp

BitGo plans IPO: revenue reaches $4.19 billion in the first half of the year.
According to Hash World News, BitGo recently submitted its IPO application, and the documents show that its revenue is expected to grow nearly fourfold in the first half of 2025, reaching $4.19 billion. As of June 30, the company's profit was $12.6 million, compared to $30.9 million during the same period last year. BitGo plans to list on the New York Stock Exchange with the stock code "BTGO". Goldman Sachs and Citigroup will act as the lead underwriters for this issuance.
#BitGo Cryptocurrency #Blockchain IPO

Whale institutions acquired 170,000 ETH in 4 days, with a total value of 670 million USD.
According to Hash World news, a certain Whale or institution has cumulatively acquired 171,015 ETH through 6 addresses in the past 4 days, worth up to $670 million. In just the past hour, they acquired 23,424 ETH (approximately $9.165 million). They created a wallet through BitGo using the address 0x0c3...40e and purchased ETH from platforms such as FalconX, Galaxy Digital, and BitGo.
$ETH #BitGo Galaxy_Digital #ETH Cryptocurrency #Blockchain

The address that has accumulated over 293,000 ETH in the past 8 days is suspected to belong to Bitmine.
According to Hash World News, monitoring by Yujin indicates that recent addresses that created and accumulated a large amount of ETH through BitGo are suspected to belong to Bitmine. In the past 8 days, these addresses have accumulated a total of 293,186 ETH through platforms such as FalconX, Galaxy Digital, and BitGo, valued at approximately $1.24 billion. Bitmine previously announced that it has increased its holdings by 317,000 ETH within a week, bringing its total holdings to 1.15 millio