🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
Bitwise Enters the Altcoin ETF Race with NEAR Filing
Bitwise Asset Management has filed for a spot exchange-traded fund (ETF) that would track the price of NEAR, the native token of the Near Protocol. This move positions Bitwise as a contender in the increasingly competitive race to offer altcoin ETFs to U.S. investors.
Expanding Beyond Bitcoin and Ethereum
While the market has seen significant interest in Bitcoin and Ethereum ETFs, Bitwise's filing signals a growing appetite for investment vehicles tied to other prominent cryptocurrencies. This expansion reflects the increasing maturity of the digital asset market.
NEAR Protocol's Growing Ecosystem
The Near Protocol is a layer-one blockchain platform that has been gaining traction for its developer-friendly environment and scalable infrastructure. A spot ETF could provide traditional investors with easier access to NEAR and further fuel the growth of its ecosystem.
Competition in the Altcoin ETF Space
Bitwise's application adds to the growing list of asset managers seeking to launch altcoin ETFs. As regulatory clarity evolves, the competition to provide these investment products is expected to intensify, offering investors a wider range of choices.