Polymarket Eyes Big Funding As Bitcoin ETFs Draw Millions

Polymarket is looking to raise 1 billion dollars as it targets a 21 billion dollar valuation. This push signals massive interest in the prediction market space, which has gained plenty of attention during recent political events.

In other news, the Cronos network successfully reversed a blockchain exploit. The team acted quickly to recover 75 million dollars that had been taken during a security breach. It is a rare win for users when funds are restored after such a significant hack.

Bitcoin also had a strong week as U.S. spot ETFs saw 731 million dollars in inflows. This surge in demand shows that institutional interest in Bitcoin remains high. Investors are watching closely to see if this momentum continues into the coming weeks.