AltXCrunch

05/31/24 | BlackRock Leads Bitcoin ETFs, MoonPay's Web3 Platform, Mastercard Simplifies Crypto, SEC's Ethereum ETF Deadline


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In this episode of AltXCrunch, we cover the latest developments in the crypto and Web3 space. BlackRock has overtaken Grayscale as the largest Bitcoin ETF holder in the US, with BlackRock's IBIT now holding nearly $20 billion in bitcoin. We also dive into MoonPay's launch of a new Web3 platform designed to enhance digital experiences for brands like Gucci, Puma, and Mastercard. Additionally, Mastercard has introduced its Crypto Credential service, simplifying blockchain transactions by allowing users to send and receive cryptocurrencies using aliases. Lastly, we discuss the US SEC's new deadline for spot Ethereum ETF issuers to submit their initial draft S-1 forms, a significant step forward in the approval process for Ethereum ETFs. Tune in for more insights next week!

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