Bitcoin ETF

Grayscale Bitcoin Trust

Pyth Network

<a href="https://financefeeds.com/bitcoin-etfs-see-record-2-4-billion-inflows-last-week/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin ETFs</a> have been a big deal this year in the crypto world. They're making it easier for regular investors to get into Bitcoin without dealing with the technical overhead and security risks of owning actual Bitcoin.
These ETFs are also expected to bridge the gap between traditional finance and the crypto world, offering regulated exposure to Bitcoin's price movements for a wider range of investors. As such, Pyth’s recent offering sets the stage for more financial innovation and institutional involvement in Web3.
Bitcoin has attracted a lot of attention from both retail and institutional investors. With big players like ARK Invest, BlackRock, and Fidelity getting approval for Bitcoin ETFs, these financial products are gaining significant traction.
Developers can now easily integrate Bitcoin ETF price feeds from Pyth Network, including popular funds like Grayscale Bitcoin Trust and VanEck Bitcoin Trust.
Integrating Bitcoin ETFs into DeFi platforms brings several benefits, including increased portfolio diversification, better risk management tools, and deep liquidity. It also helps bridge the gap between traditional and decentralized finance, which brings further innovation for crypto-based financial solutions.
Pyth Network also supports real-time feeds for various other exchange-traded funds, expanding its offerings beyond cryptocurrencies.
Those interested in exploring Pyth Network's ETF price feeds can access the full catalog on their website. With Pyth's pull oracle architecture, data retrieval is efficient and cost-effective for on-chain protocols.
<h2 id="strong-pyth-network-expands-with-strk-usd-price-feed-strong">Pyth Network expands with STRK/USD price feed</h2>
In addition to Bitcoin ETFs, Pyth Network has also introduced the STRK/USD price feed. STRK facilitates network fee payments in the Starknet ecosystem and allows user participation through staking and governance decisions.
This new price feed is now available on over 50 blockchains, further expanding Pyth Network's reach and utility.
Earlier in January, Pyth Price Feeds launched on the Filecoin Virtual Machine (VM). Launching this smart contract runtime environment provides global Web2 and Web3 participants with easy access to crucial financial data. Pyth services are used by more than 80 market participants, including Jane Street, CBOE, Binance, OKX, and Bybit. It now provides high-fidelity, high-frequency financial market data to the Filecoin ecosystem for the first time.
The Pyth Network has secured over $2.0 billion in value in less than a year. Currently, it provides more than 400 real-time price feeds across various categories, including commodities, stocks, FX, cryptocurrencies, and ETFs. The network’s infrastructure supports over 50 blockchains and facilitates over $100 billion in trade volume.
That said, Pyth helps solve a problem faced by many applications by sourcing high-fidelity and time-sensitive data occurring on- and off-chain to smart contracts located on any blockchain.&nbsp;Its information system is used by crypto desks and trading exchanges which rely on its platform to obtain accurate, real-time data.
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Pyth Network Rolls Out Bitcoin ETF Price Feeds

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FinanceFeeds

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