WisdomTree Bitcoin Fund (BTCW)

Relai, a Bitcoin-only platform based in Zurich, has secured a $12 million Series A funding round led by ego death capital. The funding will help Relai expand its services across Europe and obtain a MiCA license in France, allowing it to reach more users in the EU.

Goldman Sachs, a major Wall Street firm, has disclosed a multimillion-dollar investment in Bitcoin through various ETFs. This signals growing institutional acceptance of Bitcoin, which offers features like finite supply and decentralization that may appeal to investors in the current economic landscape.

Bitcoin-related stocks and funds rose on Tuesday, as the cryptocurrency’s price climbed above $57,000 to the highest level seen since it hit an all-time high in November 2021.

Bitcoin exchange-traded funds attracted over $4 billion in inflows on their first day of trading on Thursday, according to data shared by Bloomberg’s senior ETF analyst Eric Balchunas at market close Thursday. “Easily the biggest Day One splash in ETF history,” the analyst wrote on social media platform X. HOME STRETCH: $IBIT has just p...