The deal represents the most significant single investment in prediction markets and positions the sector as crypto's emerging battleground.
Gino Matos 3 min read 
The stop-out yield at 4% came in above the median of 3.97%, signaling investors demanded higher compensation to hold short-dated government debt.
BlackRock's IBIT outperforms the asset manager's other funds with $244 million annual revenue amid Bitcoin ETF boom.
Bitcoin faces record institutional demand and macroeconomic uncertainty, key drivers converging to push it to new highs.
Grayscale's innovative move may reduce fees and boost Ethereum ETF market competitiveness.
The registration enables Plume to manage shareholder records, trades, and dividends on-chain.
IBIT now generates more revenue for BlackRock than funds that have been operating for decades.
Investors turn to digital assets as US government shutdown and weak jobs data raise fiscal stability doubts.
Morgan Stanley now likens Bitcoin to digital gold and advises up to 4% allocation for growth portfolios.
