Global

BlackRock's income and bond-focused funds have acquired shares of the company's own spot Bitcoin ETF, as revealed by regulatory filings. In the first quarter, BlackRock’s Strategic Income Opportunities Fund (BSIIX) purchased $3.56 million worth of iShares Bitcoin Trust (IBIT) shares, while its Strategic Global Bond Fund (MAWIX) bought $485,000 worth, according to SEC filings dated May 28.

Cryptocurrency markets have had a calm start to the week, with most major coins remaining within their recent price ranges, albeit near multi-week highs. Traders seeking significant gains are shifting their focus to the more volatile on-chain altcoin markets.

Recent reports indicate that issuers of Spot Bitcoin ETFs now possess nearly 5% of the total Bitcoin supply. This achievement highlights the increasing demand and swift growth of Spot BTC ETFs in the market, providing institutional investors with a comparatively low-risk method to obtain Bitcoin.

A federal judge has mandated that the United States Securities and Exchange Commission (SEC) pay approximately $1.8 million in attorney and receivership fees associated with its civil case against Digital Licensing, known as Debt Box.

The NOT token of Notcoin has experienced a remarkable surge of over 40% subsequent to the introduction of "earnings missions." These missions enable players of the Telegram-based game to passively earn cryptocurrency rewards, driving substantial market expansion.

MoonPay has intensified its efforts in catering to brands seeking enhanced digital experiences, as announced on May 28. The company is rolling out a dedicated platform aimed at providing Web3 tools for digital engagement.