Coinbase will upgrade all MATIC tokens to POL from October 14th to 17th

2025/09/13 08:21

PANews reported on September 13th that Coinbase officially announced that Polygon PoS has upgraded its token from MATIC to POL. Coinbase will convert all Polygon (MATIC) tokens (including staked assets) to the Polygon Ecosystem Token (POL) from October 14th to 17th. During the migration, rewards for staking Polygon (MATIC) will not accrue.

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Spot Bitcoin ETFs Achieve Phenomenal 5th Straight Day of Inflows

Spot Bitcoin ETFs Achieve Phenomenal 5th Straight Day of Inflows

BitcoinWorld Spot Bitcoin ETFs Achieve Phenomenal 5th Straight Day of Inflows Spot Bitcoin ETFs are making waves, as the latest market data paints an incredibly optimistic picture. For an impressive fifth consecutive trading day, these innovative investment vehicles have seen substantial net inflows, signaling robust and growing investor confidence. This consistent positive trend marks a pivotal moment for the cryptocurrency landscape, highlighting a significant shift in how traditional finance interacts with digital assets. What’s Driving the Phenomenal Inflows into Spot Bitcoin ETFs? The recent surge in capital flowing into Spot Bitcoin ETFs has been remarkable. On a single day, these funds collectively recorded a staggering $642.22 million in net inflows, representing a sustained pattern of investor interest and belief in Bitcoin’s long-term potential. BlackRock’s IBIT led the charge, attracting an impressive $260 million. Fidelity’s FBTC was close behind, securing a substantial $310 million. Other funds also saw positive movement, including Bitwise’s BITB ($29.16 million) and Ark Invest’s ARKB ($19.37 million). Crucially, no ETFs reported net outflows, underscoring widespread positive sentiment. This collective vote of confidence from institutional and retail investors alike is a powerful indicator of market health and growing appetite for direct exposure to Bitcoin through regulated channels. Why Are Spot Bitcoin ETFs Becoming So Popular? The increasing popularity of Spot Bitcoin ETFs stems from their ability to bridge traditional investment and digital assets. They offer a straightforward, regulated way for investors to gain exposure to Bitcoin’s price movements without the complexities of direct cryptocurrency ownership, like managing private keys or navigating exchanges. Key benefits driving adoption: Accessibility: ETFs trade on traditional stock exchanges, making them easily accessible. Regulation and Trust: Stringent financial regulations provide security and trustworthiness. Diversification: Spot Bitcoin ETFs offer a new avenue for portfolio diversification. Liquidity: High liquidity ensures efficient buying and selling. This ease of access, combined with regulatory oversight, makes Spot Bitcoin ETFs an attractive option for both seasoned and new crypto market participants. What Do These Sustained Inflows Mean for the Crypto Market? Consistent net inflows into Spot Bitcoin ETFs carry significant implications for the broader cryptocurrency market. This sustained positive trend suggests a maturing market and an evolving perception of Bitcoin as a legitimate asset class, shifting from speculative trading to more strategic, long-term investment horizons. Moreover, active participation from financial giants like BlackRock and Fidelity lends immense credibility. Their involvement brings substantial capital and validates Bitcoin as a serious investment contender. This institutional embrace can pave the way for further innovation and broader acceptance of digital assets. Sustained demand for Spot Bitcoin ETFs can also lead to increased price stability for Bitcoin, as consistent inflows absorb selling pressure and provide a solid demand floor. This, in turn, can attract even more investors, creating a positive feedback loop for the entire crypto market. Looking Ahead: The Future Impact of Spot Bitcoin ETFs The continued success of Spot Bitcoin ETFs is setting a powerful precedent for cryptocurrency investment. While current inflows are impressive, they could be just the beginning of a larger trend towards institutional adoption and integration of digital assets. Potential challenges like market volatility and evolving regulatory landscapes remain inherent to the crypto space. For investors, these developments offer a compelling opportunity to engage with Bitcoin in a more traditional framework. Monitor these trends closely; sustained institutional interest often precedes broader market shifts. The transparency and accessibility offered by these ETFs are democratizing access to Bitcoin, potentially transforming how diverse investors build portfolios. In conclusion, the phenomenal five-day streak of net inflows into Spot Bitcoin ETFs, spearheaded by industry titans, is more than just a statistic. It’s a testament to Bitcoin’s growing legitimacy and an exciting indicator of its pivotal role in the future of finance. This trend underscores a powerful shift, inviting a new era of confidence and strategic investment in the digital asset space. To learn more about the latest explore our article on key developments shaping Bitcoin institutional adoption. Frequently Asked Questions About Spot Bitcoin ETFs What is a Spot Bitcoin ETF? A Spot Bitcoin ETF is an exchange-traded fund that directly holds Bitcoin. It allows investors to gain exposure to Bitcoin’s price movements without having to buy, store, or manage the actual cryptocurrency themselves. Why are BlackRock and Fidelity’s ETFs leading the inflows? BlackRock and Fidelity are major financial institutions with extensive reach, established trust, and robust distribution networks. Their brand recognition and existing client bases naturally attract significant capital to their respective Spot Bitcoin ETFs. How do Spot Bitcoin ETFs differ from Bitcoin futures ETFs? Spot Bitcoin ETFs hold actual Bitcoin, aiming to track its current “spot” price directly. Bitcoin futures ETFs, on the other hand, invest in Bitcoin futures contracts, which are agreements to buy or sell Bitcoin at a predetermined price in the future, and can sometimes trade at a premium or discount to the spot price. Is investing in a Spot Bitcoin ETF less risky than buying Bitcoin directly? While Spot Bitcoin ETFs mitigate some risks associated with direct crypto ownership (like security of private keys), they are still exposed to Bitcoin’s inherent price volatility. The regulatory oversight of ETFs can offer some investor protection, but market risk remains. What does “net inflows” mean in the context of ETFs? Net inflows refer to the total amount of money invested into an ETF over a specific period, minus any money withdrawn. Positive net inflows indicate that more capital is entering the fund than leaving it, signaling growing investor demand. Found this article insightful? Share the news about the remarkable growth of Spot Bitcoin ETFs with your network! Your support helps us continue delivering vital market insights. Connect with us on social media and spread the word! This post Spot Bitcoin ETFs Achieve Phenomenal 5th Straight Day of Inflows first appeared on BitcoinWorld.
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Coinstats2025/09/13 10:40
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