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The application for a spot #bitcoin ETF by BlackRock earlier this month might mark a "significant turning point in bitcoin's path to institutional acceptance," according to a letter sent by #Ark Invest on Monday. "BlackRock's decision to file for a Bitcoin ETF signals that large institutional players are positive on the long-term outlook for the digital asset," stated Ark analyst Yassine Elmandjra. Other asset managers planning to start their own spot bitcoin funds, such as #Invesco, #WisdomTree, and #Valkyrie, have followed BlackRock's June 15 application. On April 25, Ark submitted a similar fund application with 21 Shares.

The application for a spot #bitcoin ETF by BlackRock earlier this month might mark a "significant turning point in bitcoin's path to institutional acceptance," according to a letter sent by #Ark Invest on Monday.

"BlackRock's decision to file for a Bitcoin ETF signals that large institutional players are positive on the long-term outlook for the digital asset," stated Ark analyst Yassine Elmandjra.

Other asset managers planning to start their own spot bitcoin funds, such as #Invesco , #WisdomTree , and #Valkyrie , have followed BlackRock's June 15 application. On April 25, Ark submitted a similar fund application with 21 Shares.

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DeFi Gets a Boost: Matrix Pulse Network Launches on Binance Smart Chain- The first Layer 2 solution for #BSC without using a roll up of any other layer 2 solution. Matrix Reserve is bringing a revolution to DeFi with the launch of Matrix Pulse Network, a #Layer2 solution built for the Binance Smart Chain (BSC). This new technology promises to address the challenges of slow transactions and high fees that plague traditional blockchains. What are Layer 2 Solutions? Layer 2 solutions operate on top of existing blockchains, taking the processing burden off the main chain. This allows for faster transactions and lower fees, making DeFi more accessible and efficient. Why Matrix Pulse Network Matters? Matrix Solution is a revolutionary leap in blockchain scalability, designed for unmatched speed, Efficiency and security. A first for the Binance Smart Chain Ecosystem. Their breakthrough technology ensures that transactions on Matrix Reserve are Faster, More cost effective and greener than ever before Fueling up a rich ecosystem of decentralized applications. What to Expect from #matrixpulsenetwork ? -Lightning-fast transactions: Experience DeFi without the wait. -Minimal fees: Trade and interact without breaking the bank. -Enhanced security: Inherits the robust security of the Binance Smart Chain. Join the DeFi Revolution with the Exclusive Presale. Be part of #DeFi history by participating in the limited-slot presale for the Matrix Pulse Network. This is your chance to be among the first movers in this revolutionary space. Ready to Unlock the Potential of DeFi? Head over to https://www.matrixreserve.com/ to learn more About Matrix Pulse Network and join Matrix Reserve in shaping the future of DeFi. Don't miss out on this exciting opportunity! #dyor
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