#MarketRebound A consortium of SoftBank, Tether, and Bitfinex is launching 21 Capital, with an initial investment of 3 billion dollars in Bitcoin, starting with more than 42,000 BTC to create Bitcoin-focused products.

Spot Bitcoin ETFs contain over 103 billion dollars in Bitcoin, which could reduce supply and drive prices up. The weakening of the US dollar and the anticipated easing of the Federal Reserve's monetary policy could increase ETF inflows.