Home BlockchainBlackRock Enters DeFi Via UniSwap, Bitcoin Stages Modest Recovery

BlackRock Enters DeFi Via UniSwap, Bitcoin Stages Modest Recovery

by CoinTelegraph
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BlackRock made its first formal move into decentralized finance this week, listing its tokenized Treasury fund on Uniswap, with Bitcoin and Ether staging only modest rebounds amid heavy ETF outflows.

Bitcoin (BTC) and Ether (ETH) each rose about 2.5% during the past week but were unable to cross key psychological levels due to mixed exchange-traded fund (ETF) flows and crypto investor sentiment sinking to record lows.

Bitcoin ETFs started the week with two consecutive days of inflows, but they quickly…

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