📈 Weekly Recap: DeFi & NFTs Rebound

Weekly Recap

Happy weekend Defiers!

The markets finally pulled back after a sustained multi-month rally this past week, despite spot crypto ETFs continuing to dominate headlines.

BlackRock, the world’s largest asset manager, applied to launch a spot ETF investing in Ether, following its spot Bitcoin ETF application in June. However, the new filing did not come as a surprise, with sleuths uncovering the establishment of the iShares Ethereum Trust entity last week.

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