And closer to home, the ProShares Bitcoin Strategy ETF (BITO), based on bitcoin futures, amassed around $1.5 billion in inflation-adjusted terms in the 30 days after its introduction in October 2021, when sentiment across crypto asset classes was uber bullish. As of Thursday, the fund held $1.65 billion in total assets.
What the DOJ’s First MEV Lawsuit Means for Ethereum (ETH)
MEV, which itself is controversial, can be a highly lucrative game dominated by automated bots that often comes at blockchain...