Bitcoin ETF

DeFi

Bitcoin

Grayscale Bitcoin Trust

Pyth Network

<div class="finbold">
 <p class="paragraph">Pyth Network has unveiled <a rel="noopener noreferrer nofollow" title="real-time" href="https://thebittimes.com/tag/real-time.html">real-time</a> Bitcoin (BTC) exchange-traded funds (ETF) <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> <a rel="noopener noreferrer nofollow" title="feeds" href="https://thebittimes.com/tag/feeds.html">feeds</a> in a move set to revolutionize decentralized finance (DeFi).</p>
 <p class="paragraph">The implementation grants DeFi developers and users access to credible <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> data for 13 Bitcoin ETFs, marking a significant milestone in bridging the gap between traditional finance and the crypto sphere.</p>
 <p class="paragraph">Bitcoin ETFs tracked on the platform include ARKB, BITB, BITS, BRRR, BTCO, BTCW, BTF, DEFI, EZBC, FBTC, GBTC, HODL, and IBIT.&nbsp;</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picked for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Can Ethereum hit $10,000 in 2024? <span class="self-center text-xs text-slate-500">30 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Sell signal for 2 overbought cryptocurrencies this week <span class="self-center text-xs text-slate-500">16 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Short squeeze alert for this week: Two cryptocurrencies with potential to skyrocket <span class="self-center text-xs text-slate-500">17 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    3 meme coins to outperform SHIB in 2024 <span class="self-center text-xs text-slate-500">18 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <h2 class="wp-block-heading" id="h-bitcoin-etf-approval">Bitcoin ETF approval</h2>
 <p class="paragraph">The approval of Bitcoin ETFs in the US in January has been a pivotal moment for crypto, paving the way for mainstream investors to engage with the world’s leading cryptocurrency without the complexities associated with direct ownership.&nbsp;</p>
 <p class="paragraph">Indeed, Bitcoin ETFs have been attracting widespread attention from both retail and institutional investors in the past month, and their approval by major financial institutions such as ARK Invest, BlackRock, and Fidelity highlights their importance when introducing the token to more regulated markets.</p>
 <p class="paragraph">Bitcoin ETFs witnessed a staggering influx of $2.2 billion between February 12 and 16, surpassing the combined inflows of all other 3,400 ETFs available in the US.&nbsp;</p>
 <h1 class="wp-block-heading" id="h-what-do-bitcoin-etfs-bring-to-the-pyth-network">What do Bitcoin ETFs bring to the Pyth Network?</h1>
 <p class="paragraph">With new tools available on the Pyth Network, developers can seamlessly integrate Bitcoin ETF price feeds, including those for notable funds such as Grayscale Bitcoin Trust (GBTC) and Bitwise Bitcoin ETF Trust (BITB), as per the latest information shared with Finbold.&nbsp;</p>
 <p class="paragraph">This integration not only enhances the liquidity and transparency of the Bitcoin market but also lowers entry barriers for users seeking exposure to the asset class.</p>
 <p class="paragraph">Pyth Network also unveiled its STRK/USD price feed, a significant step forward in the token’s integration into diverse digital landscapes, promising greater efficiency and broader participation within the Starknet community.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">The Pyth Network has launched its STRK/USD <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> feed$STRK facilitates network fee payments in the Starknet ecosystem, and enables user participation through staking and allowing for governance decisions<br><br>The Pyth STRK/USD <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> feed is now available on more than 50 blockchains pic.twitter.com/p9E9cVfveC</p>— Pyth Network (@PythNetwork) February 20, 2024
   </blockquote>
  </div>
 </figure>
 <h3 class="wp-block-heading" id="h-defi-benefits">DeFi benefits</h3>
 <p class="paragraph">The advantages of incorporating Bitcoin ETFs into DeFi are manifold.&nbsp;</p>
 <p class="paragraph">Beyond diversifying investment portfolios, ETFs allow for more precise risk management strategies and attract institutional capital to on-chain platforms, bringing traditional and decentralized finance closers.</p>
 <p class="paragraph">As the Pyth Network continues to expand its asset offerings, its pull oracle architecture is set to ensure efficient data retrieval, optimizing operations, and cost-effectiveness for on-chain protocols.&nbsp;</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/pyth-network-pyth-launches-real-time-bitcoin-etf-price-feeds-tbt80364.html">https://thebittimes.com/pyth-network-pyth-launches-real-time-bitcoin-etf-price-feeds-tbt80364.html</a></p>

Pyth Network (PYTH) launches real-time Bitcoin ETF price feeds

목차

TheBitTimes

2024년 2월 21일에 게재된 다른 기사

21Shares Unveils Celestia Staking ETP, Simplifies Staking Yields With Fully Backed Cold-Storage T...

Why Justin Sun is Speculated to Have 90M USDT Deposit on Binance?

BREAKING: Highly Anticipated FED Minutes Published! Here are All Details

Japan Tightens Crypto Regulations to Enhance User Protection

Artificial Intelligence and Cryptocurrency: A Synergistic Progression

Pushd (PUSHD) e-commerce giant leads from the front after more Avalanche (AVAX) & Cardano (ADA) h...

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!