*BlackRock’s nearly $20 billion ETF becomes the world’s largest Bitcoin fund*

*BlackRock’s iShares Bitcoin Trust has become the world’s largest Bitcoin fund, accumulating nearly $20 billion in total assets since its listing in the United States at the beginning of this year. Data show that the exchange-traded fund held $19.68 billion in Bitcoin on Tuesday, surpassing Grayscale Bitcoin Trust’s $19.65 billion. Fidelity Investments’ fund ranked third with a scale of $11.1 billion. Since listing, the iShares Bitcoin Trust has attracted the largest inflows at $16.5 billion, with investors withdrawing $17.7 billion from Grayscale funds during the same period. Higher fees in the latter and the exit of arbitrageurs were cited as possible drivers of outflows.*

*Meme coin TRUMP breaks through $15 and reaches new high*

*According to CoinGecko market data, the Trump-themed meme coin MAGA (TRUMP) exceeded US$15 and is now quoted at US$14.93, with a 24-hour increase of 22.9%, continuing to hit a record high. In addition, the market value of TRUMP has exceeded US$700 million, reaching US$686,148,626 at the time of writing this article. The transaction volume in the past 24 hours reached US$20,250,035, and the current market token circulation is 46,502,515.*

*Analyst: Meme token rally driven mostly by Asian traders*

*Rennick Palley, founding partner of crypto fund Stratos, said: The popularity of Meme tokens is mainly due to Asian traders entering the market again, and most Meme token prices rise most significantly during Asian trading hours (midnight US time). This is a fallout from the ETH ETF craze and U.S. regulators moving to be more supportive of cryptocurrencies.*