In today's crypto news, Tether Investments successfully executed its first crude oil transaction worth approximately $45 million, moving over half a million barrels. CEO Paolo Ardoino indicated that this marks the start of Tether's involvement in various commodities. Meanwhile, a report from the Ethereum Foundation revealed that entities in the Ethereum ecosystem invested a total of $497 million in projects during 2022 and 2023, with the Foundation itself contributing nearly half of that amount. Additionally, the Ethereum ecosystem boasts over $22 billion in treasury funds held by various organizations and DAOs. In another notable event, BlackRock's iShares Bitcoin Trust experienced its largest single-day inflow of $1.1 billion as Bitcoin reached new all-time highs. This influx came after two days of minor outflows, surprising analysts who had anticipated a significant flow based on trading volumes.

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