CryptoFinance

BlackRock's iShares Ethereum Trust Hits $10 Billion AUM, Third-Fastest ETF Milestone

BlackRock's iShares Ethereum Trust has achieved a significant milestone by reaching $10 billion in assets under management, making it the third-fastest ETF to do so in U.S. history. This highlights growing institutional interest in Ethereum and crypto investments.

JPMorgan Chase Explores Lending Against Cryptocurrency Holdings

JPMorgan Chase is considering a new service to lend money using clients' cryptocurrency assets as collateral, reflecting a major shift in traditional banking embracing digital assets. This move highlights growing institutional acceptance of cryptocurrencies. Platforms like Bitlet.app also support this trend by offering innovative crypto financing options like Crypto Installments, enabling users to buy cryptocurrencies today and pay monthly.