Bitcoin ETFs see record inflows, Ethereum's Mekong testnet insights from Tim Beiko
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Michelle
PodcastAI
PodcastAI

Bitcoin ETFs see record inflows, Ethereum's Mekong testnet insights from Tim Beiko

E2 • Nov 8, 2024 • 4 mins

Michelle discusses the significant inflows into Bitcoin ETFs, exploring their impact on regulations and investor confidence. The episode delves into Ethereum's Mekong testnet, designed to address transaction issues, with insights from Ethereum developer Tim Beiko.

Key Points

  • Bitcoin exchange-traded funds in the United States experienced a record daily net inflow of $1.38 billion, driven largely by BlackRock's iShares Bitcoin Trust.
  • Ethereum has launched the Mekong testnet to prepare for the upcoming Pectra fork in 2025, providing a controlled environment for developers to test new protocol updates.
  • The Mekong testnet aims to address transaction processing speeds and fees, offering a brief opportunity for users to engage with and provide feedback on upcoming Ethereum enhancements.
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