BlackRock is planning to tokenize exchange-traded funds (ETFs) following its recent success with a Bitcoin fund. This initiative is part of a broader trend to leverage blockchain technology in traditional finance, aiming to enhance liquidity and accessibility for investors.

Bitcoin has surged to a new all-time high of $109,486, driven by significant inflows into spot exchange-traded funds and positive regulatory developments in the U.S. Analysts believe this rally is more sustainable than previous ones due to favorable market conditions and a lack of speculative enthusiasm.

Luxembourg's sovereign wealth fund has made a significant investment in Bitcoin exchange-traded funds (ETFs), signaling a growing acceptance of cryptocurrencies among institutional investors. This move aligns with the fund's strategy to diversify its investment portfolio and capitalize on the potential of digital assets.

The article discusses the recent developments in Bitcoin market stability, particularly in relation to the potential approval of Bitcoin exchange-traded funds (ETFs). It highlights how these ETFs may contribute to a more stable market environment for Bitcoin and attract institutional investors.

Bitcoin's volatility has reached a 20-month low, alongside a significant drop in monthly transactions, marking the lowest activity since October 2023. Despite this decline, U.S. spot Bitcoin ETFs have seen record cumulative inflows, approaching $50 billion, indicating strong institutional demand for BTC.

Ethereum's value has surged by 70% since June, significantly outpacing Bitcoin's 9% gain, pushing the ETH/BTC ratio to a 2025 high. The rise is attributed to substantial spot ETF inflows and increased corporate treasury holdings, while Bitcoin's market activity has cooled following recent economic data.

U.S. spot Bitcoin ETFs have achieved a 10-day inflow streak totaling $4.2 billion, with BlackRock's IBIT accounting for 96% of this figure. Since its launch, IBIT has amassed $72 billion in assets and has seen no net outflows since April 9, reflecting strong market interest. Trading activity remains high, with IBIT dominating the trading volume among Bitcoin ETFs.