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Former FTX Associates Enter Crosshairs, Bitcoin Halving Inches Closer, and More — Week in Review

After the sentencing of Sam Bankman-Fried to nearly 25 years in prison for his role in FTX’s financial mismanagement, attention shifts to his former associates. The cryptocurrency world eyes the…

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JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process

Global investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds (ETFs). However, the firm pegs the chance of approval in…

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US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip

Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $203 million in positive inflows on Friday, as per the latest data. Despite an initial setback of…

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Blackrock Adds Citi, Goldman, UBS, Citadel as Bitcoin ETF’s Authorized Participants — IBIT Holdings Near 260K BTC

Blackrock, the world’s largest asset manager, now has nine authorized participants for its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). They include JPMorgan Securities, ABN Amro, UBS…

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10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply

On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) saw a modest uptick in positive inflows, amassing a total of $113.5 million across a trading volume of $2.31 billion. The…

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US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip

After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum…

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Bitcoin ETFs Experience Turnaround With $859M Inflows After Previous Outflows

U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous…

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Blackrock Spot Bitcoin ETF’s Holdings Soar Past 252K BTC — CEO Says He’s ‘Pleasantly Surprised’ by Retail Demand

Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18…

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Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever

The CEO of Blackrock, the world’s largest asset manager, Larry Fink, says he is “very bullish on the long-term viability of Bitcoin.” Noting that he is “pleasantly surprised” by the…

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Hashdex Bitcoin ETF Begins Trading — US Now Home to 11 Spot BTC ETFs

Hashdex Bitcoin ETF, one of the 11 spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) in early January, has launched. The fund converted from…

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