From Cointelegraph
May 21, 2025 01:16 am:

Blackstone, the world’s largest alternative asset manager, invested around $1.08 million in BlackRock’s spot Bitcoin ETF. Blackstone also purchased shares in Bitcoin Depot Inc. and ProShares Bitcoin ETF. CEO Steve Schwarzman has shown little interest in crypto in the past, citing difficulties understanding the technology.

BlackRock’s Bitcoin fund has seen consistent inflows, with over $46.1 billion in net inflows since its launch in January 2024. The Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF trail behind in net inflows. Eleven US-based spot Bitcoin ETFs have seen positive flow data since May 2.

Read more at Cointelegraph

1. Bitcoin hits new all-time high of $60,000, driven by increased institutional adoption and positive sentiment in the market. Experts predict continued growth as more investors flock to the digital asset.

2. Ethereum’s price surges to over $2,000 for the first time, fueled by rising demand for decentralized finance (DeFi) applications and the upcoming Ethereum 2.0 upgrade. Analysts expect further gains in the near future.

3. NFT sales reach record levels, with over $400 million in transactions in the past month alone. Artists and collectors are embracing non-fungible tokens as a new way to monetize and trade digital art.

4. Tesla announces that customers can now purchase vehicles using Bitcoin, making it the first major car manufacturer to accept the cryptocurrency as a form of payment. The move is seen as a significant step towards mainstream adoption of digital assets.: Blackstone buys $1M worth of Bitcoin ETF in first crypto bet