{"id":10209,"date":"2024-03-28T03:47:29","date_gmt":"2024-03-28T03:47:29","guid":{"rendered":"https:\/\/www.btse.com\/blog\/?p=10209"},"modified":"2024-03-28T03:47:29","modified_gmt":"2024-03-28T03:47:29","slug":"blackrocks-bitcoin-etf-breaks-records-ethenas-airdrop-and-square-enixs-web3-gamble","status":"publish","type":"post","link":"https:\/\/www.btse.com\/blog\/blackrocks-bitcoin-etf-breaks-records-ethenas-airdrop-and-square-enixs-web3-gamble\/","title":{"rendered":"BlackRock&#8217;s Bitcoin ETF Breaks Records, Ethena&#8217;s Airdrop, and Square Enix&#8217;s Web3 Gamble"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Cathie Wood&#8217;s Bitcoin ETF, Ark 21Shares (ARKB), and BlackRock&#8217;s IBIT have experienced <\/span><a href=\"https:\/\/www.coinglass.com\/bitcoin-etf\"><span style=\"font-weight: 400;\">unprecedented inflows<\/span><\/a><span style=\"font-weight: 400;\">, establishing IBIT as the fastest-growing ETF ever. This influx signals a strong bull market for Bitcoin, indicating we&#8217;re in the middle rather than the end. While historical trends often show a shift to altcoins after major gains, Bitcoin&#8217;s current dominance suggests sustained investment interest and market growth. Bitcoin&#8217;s value remains robust, trading above the $69K mark, highlighting its continued appeal in the financial landscape.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><b>What to Watch Out for Today<\/b><\/h2>\n<p>&nbsp;<\/p>\n<p>1. <a href=\"https:\/\/cointelegraph.com\/news\/blackrock-bitcoin-etf-fastest-growing-etf-larry-fink\"><b>BlackRock&#8217;s Bitcoin Optimism<\/b><\/a><span style=\"font-weight: 400;\">: BlackRock&#8217;s CEO is bullish on Bitcoin, with their Bitcoin ETF, IBIT, becoming the fastest-growing in history, amassing over $17 billion. It surpassed $10 billion quicker than the first gold ETF, highlighting strong retail demand and the creation of a more liquid and transparent market. Investors, this could mark a significant turn in cryptocurrency investment landscapes. <\/span><a href=\"https:\/\/www.btse.com\/en\/trading\/BTC-USDT\"><i><span style=\"font-weight: 400;\">Long BTC?<\/span><\/i><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>2. <a href=\"https:\/\/www.coindesk.com\/markets\/2024\/03\/27\/ethena-a-13b-yield-earning-protocol-to-debut-governance-token-next-week\/\"><b>Ethena&#8217;s Token Airdrop<\/b><\/a><span style=\"font-weight: 400;\">: Decentralized finance protocol Ethena, valued at $1.3 billion, announced an airdrop of its governance token, ENA, to USDe holders. With USDe&#8217;s value skyrocketing this year, and ENA tokens set to trade on April 2, this event signals a pivotal moment for both yield seekers and governance enthusiasts in the DeFi space.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>3. <a href=\"https:\/\/www.theblock.co\/post\/284852\/square-enix-backs-14-million-seed-round-for-web3-gaming-firm-elixir-games\"><b>Square Enix&#8217;s Web3 Gaming Move<\/b><\/a><span style=\"font-weight: 400;\">: Gaming giant Square Enix invests $14 million in Elixir Games, a web3 gaming firm. This seed funding is aimed at developing Elixir&#8217;s gaming ecosystem and introducing the $ELIX token. For gaming and investment enthusiasts, this highlights Square Enix&#8217;s deep dive into the web3 gaming sector, signaling new opportunities in the intersection of gaming and blockchain technology.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">For more daily news, join our Telegram news channel <\/span><a href=\"https:\/\/t.me\/btsenews\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><i>Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at\u00a0<\/i><a href=\"mailto:feedback@btse.com\"><i>feedback@btse.com<\/i><\/a><i> or on X @BTSE_Official.<\/i><\/p>\n<p class=\"p1\"><i><span style=\"font-weight: 400;\">Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cathie Wood&#8217;s Bitcoin ETF, Ark 21Shares (ARKB), and BlackRock&#8217;s IBIT have experienced unprecedented inflows, establishing IBIT as the fastest-growing ETF ever. This influx signals a strong bull market for Bitcoin, indicating we&#8217;re in the middle rather than the end. While historical trends often show a shift to altcoins after major gains, Bitcoin&#8217;s current dominance suggests [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-10209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-bytes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BlackRock&#039;s Bitcoin ETF Breaks Records, Ethena&#039;s Airdrop, and Square Enix&#039;s Web3 Gamble &#8212; BTSE Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.btse.com\/blog\/blackrocks-bitcoin-etf-breaks-records-ethenas-airdrop-and-square-enixs-web3-gamble\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackRock&#039;s Bitcoin ETF Breaks Records, Ethena&#039;s Airdrop, and Square Enix&#039;s Web3 Gamble\" \/>\n<meta property=\"og:description\" content=\"Cathie Wood&#8217;s Bitcoin ETF, Ark 21Shares (ARKB), and BlackRock&#8217;s IBIT have experienced unprecedented inflows, establishing IBIT as the fastest-growing ETF ever. This influx signals a strong bull market for Bitcoin, indicating we&#8217;re in the middle rather than the end. 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