BlackRock, Other Potential Bitcoin ETF Providers Reveal Fees
BlackRock said its fee will start at 0.20%, rising to 0.30%.Source
ARK’s ETF Rebalancing Continues With $20.6M Coinbase Sale
ARK Invest has a target of no individual stock surpassing 10% weighting of an ETF’s value. COIN doubled in price in the last three months of 2023, bringing about consistent sales of the crypto exchange’s stock by ARK.Source
Bitcoin ETF Approval Odds Raised to Over 90% by Bloomberg Analysts, Drop on Polymarket
Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.Source
Solana Meme Coins See 80% Price Drop After December Frenzy
The Solana ecosystem boomed in December as bonk tokens started a multiweek run of over 1,000%, grabbing listings on influential exchanges Binance and Coinbase.Source
Arthur Hayes Foresees 30% Bitcoin Crash Amid ‘Vicious Washout.’ Here’s Why
Depletion of the Fed’s reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, Maelstrom CIO Arthur Hayes said.Source
U.S. SEC Seeks to Leverage Terraform Win in Coinbase, Binance Disputes
The U.S. Securities and Exchange Commission (SEC) has been blowing a horn in its various legal clashes with crypto exchanges, asking courts to see how its recent win in the Terraform Labs dispute should convince other judges that the regulator is right about platforms like Coinbase and Binance trading unregistered securities.Source
VanEck to Donate 5% of BTC ETF Profits to Bitcoin Core Developers
The move is reminiscent of a similar pledge by VanEck to donate 10% of profits from its ether futures ETF to Ethereum developers in October last year.Source
Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws
This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain.Source
Mango Markets Faces Regulatory ‘Inquiry’ Ahead of Eisenberg Crypto Fraud Trial
The decentralized crypto exchange (DEX) is facing “inquiries” in the United States stemming from an October 2022 heist, according to posts in the project’s Discord server. Now the DEX’s governing body, called MangoDAO, is voting on whether to appoint a representative who can triage “U.S. regulatory matters” on its behalf.Source