Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
BlackRock's total inflows are set to surpass $5 billion once trading closes for the day, bringing its Bitcoin hoard to a little over 96,669 BTC.
The sale is poised to inject substantial liquidity into Genesis, which has been navigating through financial complexities.
Gensler's assertions sparked a rebuttal from CNBC host Joe Kernen, who championed Bitcoin's decentralized ledger as a foundational feature that bolsters its integrity and appeal.
Wood said she would be "surprised to see" anything else approved.
Galaxy's Steve Kurz also predicted 75% odds of approval by the end of 2024.
The SEC is expected to decide on existing applications in May.
Specific conditions could lead to a major supply shock for Bitcoin after the halving.
The updated filing also introduces the possibility of ETH staking.
The agency previously delayed BlackRock, Fidelity, and Grayscale proposals.
