According to CNBC, payment giant Block Inc. will officially join the S&P 500 index today. Block currently holds 8584 bitcoins on its balance sheet and continues to implement its digital asset strategy.
According to The Block, BitMine, an Ethereum vault and cryptocurrency mining company supported by Peter Thiel and ARK, launched options trading on its common stock BMNR on the New York Stock Exchange on Wednesday. BitMine plans to acquire 5% of the global supply of Ethereum (ETH). The company's stock price has risen significantly since announcing a shift towards ETH accumulation, with Founders Fund now the largest shareholder and ARK Invest also purchasing $182 million worth of shares this week to invest in ETH. As of July 17th, the total value of ETH held by BitMine has exceeded $1 billion.
According to Golden Finance, cryptocurrency ETP issuer 21Shares has signed an ETP market making fund platform agreement with French bank Societe Generale. Societe Generale will provide over-the-counter liquidity through its main fund platforms in Germany and Eastern Europe, supporting 21Shares' Bitcoin and Ethereum ETPs, including ABTC, CBTC, AETH, and CETH.
According to Arkham's monitoring data, about three hours ago, the Ethereum Foundation transferred 1000 ETH (approximately $3.66 million) to its internal address (address: 0xc061... 0B6d). The address currently holds 10000 ETH worth approximately 36.1 million US dollars.