Trump election bets boost Polymarket volumes to record levels
Trading volumes on predictive betting platform Polymarket reached a record $116 million in July, driven mainly by bets on the 2024 US elections and Donald Trump’s potential return to the White House. This surge in activity illustrates investors’ growing interest in political prediction markets, which offer an alternative to traditional polls for anticipating election results. […]
BlackRock’s Bitcoin cash ETF attracts $260 million on day one
BlackRock, the world’s largest asset manager, launched its Bitcoin Spot ETF on July 6, 2024. Called iShares Bitcoin Trust, the fund immediately attracted a great deal of interest, attracting $260 million in capital on its first day of trading. This success illustrates the growing appetite of institutional investors for Bitcoin. After years of caution, asset […]