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BlockFi is bankrupt.

> BlockFi previously had a valuation of 4 billion and raised 500 million in series E funding. > BlockFi was later valued at 1 billion. > BlockFi is being sold to FTX for 25 million. If you still have funds in BlockFi, take them out. Now. submitted by /u/DudePotato3 [link] [comments]

Would you rather own Bitcoin outrightly or through an ETF?

Grayscale has filed a lawsuit against the SEC after the regulator rejected Grayscale’s application to convert the massive Grayscale Bitcoin Trust into an ETF. https://preview.redd.it/ncdisod1nr891.png?width=1021&format=png&auto=webp&s=7ff469fc11395be26850b01de2b6b8a810ae85ec News source: https://www.reuters.com/markets/us/us-sec-rejects-grayscales-spot-bitcoin-etf-application-2022-06-30/#:~:text=June%2030%20(Reuters)%20%2D%20Grayscale,%2Dtraded%20fund%20(ETF)%20%2D%20Grayscale,%2Dtraded%20fund%20(ETF)). Would you rather own Bitcoin outrightly or through an ETF? Comment or share your answer thru a poll: https://www.reddit.com/r/marketpredictors/comments/vo9c2y/would_you_rather_own_bitcoin_outrightly_or/ submitted by /u/predictany007 [link] [comments]