BTC, ETF, current status of BTC ETF: BlackRock’s assets reach US$1 billion, GBTC capital outflow slows down, Golden Finance, analysis of the current status of BTC ETF one week after its launch.
JinseFinanceGolden Finance launches the 2212th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceAfter ten years of arduous approval of BTC ETFs, the road to approval finally ushered in the dawn of victory. At 4 a.m. on January 11, 2024, the U.S. Securities and Exchange Commission (SEC) simultaneously approved 11 spot BTC ETFs.
JinseFinanceBlackRock's potential $1 billion investment in Bitcoin, shortly after the ETF launch, has stirred anticipation. Analyst James Seyffart suggests a historical pattern of substantial seeding by BlackRock, sparking varied sentiments. The approval of a Bitcoin spot ETF triggers speculation about the next cryptocurrency in line. However, Seyffart believes regulatory dynamics must change significantly for additional crypto ETFs, anticipating potential shifts with a new SEC administration. The evolving narrative, including BlackRock's involvement, adds intrigue to the crypto community's outlook.
BerniceThe U.S. Securities and Exchange Commission (SEC) announced that it will not appeal a court ruling that Grayscale sued it for refusing to convert GBTC into a spot ETF.
JinseFinanceGrayscale CEO Michael Sonnenshein said that the company may use a tender offer to return capital to GBTC shareholders.
BeincryptoThe proposal highlighted that the burn may help restore the UST dollar peg by burning the excess supply.
CointelegraphOne billion USDT will be transferred to the Ethereum blockchain, while another 20 million USDT will go to Avalanche.
CointelegraphU.S. Securities and Exchange Commission has approved another Bitcoin futures ETF. Could this mean a spot ETF is on its way?
CointelegraphThe world's flagship Bitcoin spot ETF is back buying Bitcoin after spending four weeks reducing its holdings.
Cointelegraph