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Quick Take Summary is AI generated, newsroom reviewed. BlackRock bought 33,451 ETH, worth over $145 million, to add to its crypto portfolio. This purchase expands BlackRock's significant crypto holdings, which also include a large BTC position. The transaction reinforces BlackRock's commitment to the digital asset sector. The move signals growing institutional confidence and could encourage other investors to follow suit.References JUST IN: BlackRock buys 33,451.58 $ETH worth $145.1 million.
With the injection of new liquidity, three cryptocurrencies could become the biggest winners this month.
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- 20:56Swedbank: The US SEC has ended its investigation and will not take enforcement actionJinse Finance reported that Swedbank stated the U.S. Securities and Exchange Commission has terminated its investigation into the bank and has taken no enforcement action. Swedbank Deputy CEO Thomas Hedberg said in a statement: "With the SEC's announcement, we have concluded another investigation into historical issues." Reportedly, the investigation was launched in 2019 and involved Swedbank's past information disclosure matters. The statement also noted that investigations by the U.S. Department of Justice and the New York State Department of Financial Services into the bank are still ongoing. The statement mentioned that Swedbank is currently unable to assess the potential financial impact of these ongoing investigations, nor can it determine when the investigations will conclude. (Zhitong Finance)
- 20:02GFO-X Group has received in-principle approval from Abu Dhabi Global Market (ADGM)Jinse Finance reported that the crypto derivatives trading platform GFO-X Group has received in-principle approval from Abu Dhabi Global Market (ADGM) to launch a digital asset exchange and clearing house, with plans to officially begin operations in 2026. This approval allows GFO-X to operate as a recognized investment exchange and clearing house.
- 19:01This week, the net outflow from US spot Ethereum ETFs reached $787.6 million.According to Jinse Finance, monitored by FarsideInvestors, this week the US spot Ethereum ETF saw a net outflow of $787.6 million, and this series of ETFs has experienced net outflows for five consecutive trading days.