By Kapil Rajyaguru
Metaplanet Shares Jump 15% After Buying 107 Bitcoin.
Metaplanet shares rose 15.7% on Oct. 15 after the Japanese investment company revealed its latest acquisition of 107 Bitcoin worth $6.7 million.
In an Oct. 15 statement, Metaplanet stated its new acquisition brought its total to 855.5 Bitcoin, valued over $56.1 million.
The business paid about $6.7 million, or 1 billion yen, to acquire 106.976 BTC at $62,520 per coin, 5.8% below Bitcoin’s market price of $66,200 at Metaplanet’s announcement.
Its share price has up 480% after announcing its Bitcoin investing plan in early April.
US Spot Bitcoin ETFs See $556 mn Inflows In Biggest Day Since June.
Over half a billion dollars flowed into US Bitcoin ETFs in one day, their highest influx in four months.
According to Farside Investors, the 11 ETFs saw $555.9 million in net inflows on Oct. 14, their greatest daily inflow since early June. Late trading saw Bitcoin reach $66,500, a two-week high.
The Fidelity Wise Bitcoin Origin Fund (FBTC) led with $239.3 million, its highest since June 4.
Australia’s First ETF Directly Holding Ether Goes Live.
Monochrome Asset Management created Australia’s first Ether-direct ETF with $176,600 in assets.
Cboe Australia said that the Monochrome Ethereum ETF (IETH) became live on Oct. 15 with total net assets of $176,600 (262,500 Australian dollars) at 2:00 pm local time.
The only Australian dual-access spot Ether ETF, it has a 0.50% management fee and allows cash or Ether in-kind applications and redemptions.
BitGo and Gemini are the ETF’s crypto custodians, while State Street Australia administers it.
Hyperliquid Prepares For HYPE Token Launch, EVM Rollout On Mainnet.
The Hyper Foundation promotes Hyperliquid blockchain progress. It is planning the genesis distribution of its native coin HYPE.
Proof-of-stake consensus and an Ethereum virtual machine (EVM) on the layer-1 blockchain’s mainnet begin with the new coin.
Our flagship product, Hyperliquid, is the world’s biggest decentralized order book-based perpetual trading platform with over $1 billion in daily trading in 145 pairs. More than 200,000 people utilize it.
Users will have access to more liquidity and instruments with the HyperEVM.
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