Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said.Source
Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.Source
Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.Source
An additional $1.5 billion could exit GBTC, putting more pressure on the bitcoin price in the coming weeks, the report said.Source
The network’s MANTA token went live on Thursday and has reached a $550 million capitalization.Source
The ether- bitcoin ratio has surged 10% in the first 19 days of the year, taking back part of last year’s 25% slide.Source
Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”Source
Silver has existed since dying stars started spewing the metal out billions of years ago. Bitcoin is 15 – but it’s already a bigger deal in the U.S. ETF market. Bitcoin ETFs had more assets than silver ETFs the instant the U.S. Securities and Exchange Commission approved them last week, and trailed only gold among commodity-focused U.S. ETFs.Source
Despite sizable net inflows into the new spot ETFs, bitcoin is lower by more than 12% since the products began trading one week ago.Source