Weekly Crypto Roundup: Bitcoin Surges, ETF Inflows, and Institutional Interest Soars

By: Eva Baxter

In this week's crypto news:

• Bitcoin ETFs See Record Inflows Amidst Crypto Rally: Bitcoin ETFs attracted $1.2 billion in inflows, highlighting a surge in institutional interest.
• S&P Global Launches Crypto and Equity Index: The new index merges 15 major cryptocurrencies with 35 blockchain-related equities for a comprehensive market view.
• Bitcoin Valuation Tied to Gold's Surge: Analysts predict Bitcoin's value could rise dramatically in tandem with gold's recent price highs.
• India Launches RBI-Backed Digital Currency: India announces a new digital currency initiative amidst ongoing crypto skepticism.
• Record Crypto Inflows Amid US Shutdown Concerns: Macroeconomic uncertainties lead to massive crypto inflows, emphasizing investor interest.
• Grayscale Launches First US Staking-Enabled ETPs: A significant step for passive income opportunities in the US crypto market.