$BTC Mastercard Acquires BVNK for $1.8 Billion in Historic Stablecoin Deal

 

Mastercard has made a significant move in the digital currency space by acquiring stablecoin infrastructure company BVNK for $1.8 billion. This acquisition is more than double BVNK's valuation from a year ago, highlighting a growing institutional interest in stablecoin infrastructure.

 

⚡ U.S. Spot Bitcoin and Ethereum ETFs See Net Outflows

 

Spot Bitcoin ETFs recorded a net outflow of $296.18 million for the week, ending a four-week streak of inflows, while U.S. Spot Ethereum ETFs experienced $206.58 million in outflows for the week, marking the fourth consecutive week of net outflows. This indicates a shift in investor sentiment in the short term.

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