ETF
Record-breaking $17.5 billion traded in crypto products following Bitcoin ETF debut
Investor fervor for new US spot Bitcoin ETFs fuels more than $1 billion inflows to crypto product.
Oluwapelumi Adejumo 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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Top US Stories
Regulation
U.S. lawmakers demand investigation into SEC’s security practices following breach
The SEC's X account was hacked on Jan. 9 to post a fake ETF approval notice.
Regulation
JPMorgan analyst predicts 50% chance of spot Ethereum ETF in May
Bloomberg's Senior ETF Analyst Eric Balchunas previously placed approval odds as high as 70%.
Latest US Crypto News & Analysis
Legal
Genesis forfeits BitLicense, pays $8 million to settle NYDFS lawsuit
The NYDFS investigation into Genesis found major deficiencies in its compliance with financial regulations related to illicit financial activity.
Crypto
BlackRock CEO’s crypto pivot continues, turns bullish on tokenization to eliminate ‘corruption’
Fink told CNBC he believes Ethereum's value in tokenizing assets will increase transparency across financial instruments.
Analysis
Grayscale transfers $200M Bitcoin to Coinbase Prime hinting at possible ETF redemption activity
Bitcoin ETFs see $720M inflow as Grayscale adjusts holdings with Coinbase transfer.
Mining
Hut 8 expands borrowing capacity with Coinbase to $65 million, acquires natural gas power plants
Hut 8 also obtained court approval to acquire four natural gas power plants in Ontario, Canada.
Investments
CoinShares leverages Valkyrie acquisition to enter US Bitcoin ETF arena
CoinShares said the deal follows the recent approval of Valkyrie’s spot Bitcoin ETF by the SEC.
Legal
Do Kwon seeks SEC trial delay while awaiting extradition from Montenegro
Kwon wants to physically attend and testify in the case, court filing suggested.
