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Bitcoin ETFs a Bane for Crypto Startups as VC Deals Drop 20%

Venture capital (VC) investment in crypto and blockchain startups decreased in the third quarter of 2024. This decline is partly attributed to the growing popularity of bitcoin exchange-traded funds, which offer an alter...

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Bitcoin ETFs a Bane for Crypto Startups as VC Deals Drop 20%
Venture capital (VC) investment in crypto and blockchain startups decreased in the third quarter of 2024. This decline is partly attributed to the growing popularity of bitcoin exchange-traded funds, which offer an alternative way for investors to gain exposure to the crypto sector. U.S.-based companies dominate VC deals in the crypto space, followed by Singapore, […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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