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Binance unveils $1 billion fund to keep crypto industry alive
In the chaotic aftermath of crypto exchange FTX's unraveling last November, the industry was in disarray. Prices were tumbling, investors. The crypto sector's first $1 billion deal, announced at the height of record surge in token prices last year, is disbanding as the market. Jan 19 (Reuters) - BlackRock's spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the milestone among a batch of newly launched ETFs tracking spot bitcoin prices, free.coin2talk.org data showed.