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Tether, Nvidia and Amazon Back Humanoid Robotics Firm NEURA in $1.4 Billion Funding Round
Tether, the company behind the world's largest stablecoin, USDT, announced Wednesday it had led a financing round of up to $1.4 billion into NEURA Robotics, a German humanoid robotics firm. It’s billed as one of the largest private investment rounds ever recorded in the physical AI and humanoid robot sectors.
Founded in 2019 and headquartered in Metzingen, Germany, NEURA Robotics develops a broad portfolio of robotic systems, including humanoids, precision robotic arms, autonomous mobile robots, and service robots designed for environments where humans and machines work side by side.
Other investors in the round alongside Tether include Nvidia, Amazon, Qualcomm Technologies, Bosch, imec.xpand, Schaeffler, European Investment Bank, Lingotto Horizon, and InterAlpen Partners.
Bitcoin Price Bottom Target Is $53,600 Says CryptoQuant as BTC Buying Demand Fades
As Bitcoin fell below $60,000 last week for the first time since 2024, it may have moved closer to finding a bear market bottom—but there is not enough demand to sustain price growth, according to a new report from analytics firm CryptoQuant.
According to the firm, one of the most important markers for Bitcoin is its realized price, or the average cost basis for all market participants. As it stands, CryptoQuant puts that marker around $53,600, about 13% below BTC’s current trading price around $61,680.
BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market
BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund now dominate U.S. spot bitcoin ETFs, regularly capturing the majority of new inflows.
Despite a roughly 29% year-to-date decline in bitcoin and waves of ETF redemptions, IBIT and FBTC have often acted as stabilizing forces, attracting capital even when rivals see outflows.
The market is shifting toward a winner-take-most structure in which scale, liquidity and distribution networks favor BlackRock and Fidelity, leaving smaller issuers with minimal influence on overall flows.
Bitcoin & Ethereum Spot ETF Flow
The overall net outflow of the US Bitcoin spot ETF on Wednesday was $65.38 million. The total net asset value of Bitcoin spot ETFs is $77.49 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 2.43%.
Source: SoSoValue
The Bitcoin spot ETF with the highest net outflow on June 10 was Grayscale Bitcoin Trust, with a net outflow of $87.91 million, according to SoSoValue.
Source: SoSoValue
