Due to the weak Bitcoin prices causing institutional investors to reduce risk, capital has flowed out of US spot Bitcoin ETFs by as much as $434 million. Bitcoin Hyper is capitalizing on this trend, raising over $31 million during its presale phase. The project integrates the Solana Virtual Machine, aiming to bring high-speed smart contracts to Bitcoin, thereby unlocking idle Bitcoin for decentralized finance (DeFi) applications.
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Due to the weak Bitcoin prices causing institutional investors to reduce risk, capital has flowed out of US spot Bitcoin ETFs by as much as $434 million. Bitcoin Hyper is capitalizing on this trend, raising over $31 million during its presale phase. The project integrates the Solana Virtual Machine, aiming to bring high-speed smart contracts to Bitcoin, thereby unlocking idle Bitcoin for decentralized finance (DeFi) applications.