Consider the story of DeFi over the past two years. First, MakerDAO was the darling of the market, then Compound, then Aave, then Sushi Swap and then hybrid gaming/DeFi services like Axie Infinity, all founded within months of their sudden surge to success. Compare that with the winners that emerged from the rubble of the mortgage crisis: JPMorgan Chase and Bank of America. They trace their roots back to 1799 and 1904, respectively.
Grayscale’s GBTC Sees Inflow for First Time Since Bitcoin ETF’s January Debut
While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund...