Bitcoin Briefly Tops $49K Before Selling Off as ETF Trading Frenzy Commences
Bitcoin hit its highest price in more than two years Thursday before it fell back to $46,000 as the highly anticipated spot bitcoin ETF debut unleashed volatility.
BlackRock’s Bitcoin ETF Could Attract a Record $3B Inflow in First Trading Day: CF Benchmarks
The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.
Crypto for Advisors: AI, a Strategic Tool for Financial Firms
Lynda Koster from Growthential highlights the importance of strategically adopting and integrating generative AI in business, especially in financial advising, to navigate the evolving technological landscape and maintain a competitive edge.
Coinbase Will Benefit From Spot Bitcoin ETF Approval: Wedbush
The crypto exchange has a dominant role in all but one of the approved ETFs, acting as an issuer or custodian, the report said.
Grayscale’s GBTC Discount Closes to Zero for First Time Since February 2021
Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.
Aave Community Votes To Integrate PayPal’s Stablecoin
Majority of token holders favor onboard PYUSD in AAVE’s Ethereum pool, the ongoing vote shows.
European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use
The central bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.
Bitcoin ETFs: What to Expect on Day One
Spot bitcoin ETFs are launching in the U.S. on Thursday. Here’s what the issuers and exchanges behind these products have to say.
Gary Gensler’s Begrudging Bitcoin ETF Concession: ‘We Did Not Approve or Endorse Bitcoin’
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator’s loss in court over rejecting Grayscale’s application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday.
Bitcoin ETFs Approved: The Industry Reacts
In a milestone for crypto adoption, the SEC today approved the trading of Bitcoin exchange-traded funds (ETFs). CoinDesk rounded up reaction from across the crypto industry to the news.