How the spot Bitcoin ETF filings affected the crypto industry in June: Report

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Bitcoin ETFs boost BTC to a high monthly close, ZK trend heats up, security tokens rise steadily despite ETFs frenzy: Monthly Investor Insights Report reveals all! Report by CointelegraphCS

have all been in the news for their recent or newly proposed innovations. But what does the data say about the relative success of these projects?

The recent growth of zkEVM can be attributed to the slew of DeFi protocols it has attracted — such as QuickSwap, Balancer and SushiSwap — with many more in the pipeline. These and other recent developments are discussed every month in the DeFi section of the Cointelegraph Research Monthly Trends Report.

Though the development of tokenized securities is controversial in the crypto community, banks such as Citigroup and Bank of America have predicted that the tokenization of real-world assets may drive trillions of dollars to blockchains in the future. While most securities offerings currently involve real estate, other types are quickly gaining pace.

 

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CS The news surrounding BlackRock’s application for a spot Bitcoin exchange-traded fund (EFT) sent the asset’s price from its local lows in mid-June to a strong monthly close of +12%

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