While SharpLink has become the largest publicly traded holder of Ether globally, some entities, including the Ethereum Foundation and BlackRock, are still holding more ETH. Sports betting platform SharpLink Gaming has acquired 176,271 Ether for $463 million, becoming the world’s largest publicly traded holder of ETH. In a Friday announcement, the Nasdaq-listed company said the Ether (ETH) acquisition was funded through a combination of private placement and at-the-market equity sales, including $79 million raised since May 30. The average acquisition price came in at $2,626 per coin. The company said over 95% of its ETH is now deployed in staking and liquid staking platforms, earning yield while contributing to Ethereum’s network security. Read more
How Much Bitcoin Does BlackRock Own and Why It Matters in 2025. BlackRock’s entry into the Bitcoin market through the iShares Bitcoin Trust (IBIT) has marked a new era in institutional Bitcoin accumulation. Since its launch on Jan. 11, 2024, IBIT has grown at a pace that few expected, and no other ETF has matched. As of June 10, 2025, BlackRock holds over 662,500 BTC, accounting for more than 3% of Bitcoin’s total supply. At today’s prices, that’s $72.4 billion in Bitcoin exposure, a staggering figure by any measure. Read more
One analyst spots a bullish fractal driven by 2024-like liquidity grabs, hinting that Bitcoin may breakout toward new all-time highs. Key takeaways: Bitcoin rebounds from a 5.5% drop after the latest escalation in the Israel-Iran conflict, repeating a pattern seen in October 2024. Analysts highlight a bullish fractal involving liquidity grabs, suggesting BTC could soon break toward new highs. Read more
Bitcoin’s foundational security is powering a new frontier: DeFi systems built on self-sovereignty, security and real-world financial inclusion. Decentralized finance (DeFi) will turn Bitcoin from a passive store of value into an asset that can challenge traditional finance, prominent figures in the Bitcoin space say. At the Bitcoin 2025 conference in Las Vegas, speakers shared a conviction that Bitcoin’s infrastructure will power the next generation of DeFi applications in the network’s next chapter, echoing the calls of early builders who envisioned a parallel financial system to fiat currency. The conference featured DeFi projects like the Liquid Network, which was joined by emerging Bitcoin DeFi companies looking to expand the decentralized “tech set” in the Bitcoin ecosystem. Read more