Traditional finance firms continue their crypto push. BlackRock, the world's largest asset manager, will now offer crypto trading on its institutional investor platform through Coinbase Prime. Financial services company Charles Schwab is the latest to launch a crypto-linked ETF. At the same time, asset manager Brevan Howard has pulled off the largest crypto hedge fund launch ever, with more than $1B in assets under management.
Bitcoin-focused payment giant Block published its Q2 report, revealing falling revenues from its bitcoin segment. MicroStrategy's eternal bitcoin bull Michael Saylor moves from CEO to a chairman role to focus even more on bitcoin.