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The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
“I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday.
After initially revealing their fees on Monday, several providers then reduced them spying the impending battle for market share that would ensue once the funds were approved.
CryptoQuant data shows that miners are moving bitcoin to exchanges, likely because of a need to build more liquidity in anticipation of higher capital expenditures.
CoinShares said the decision is a direct result of the SEC’s approval of the listing of a spot bitcoin ETF.
The issue apparently resulted from a fault in the interaction between Telcoin’s digital wallet and a proxy contract that incorrectly performed certain storage functions.
Several firms have filed applications for spot ether ETFs, including BlackRock.
Further review and consideration regarding crypto ETFs is planned, the regulator says.
Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.
The former CEO of Terra is being held in Montenegro after being caught in Podgorica’s airport with falsified documents.