Eric Council pleaded guilty to aggravated identity theft and access device fraud charges, acknowledging his involvement in the attack that caused a surge in bitcoin prices due to a fake SEC announcement of a bitcoin ETF approval. Man Pleads Guilty to ID Theft and Sim Swapping to Fake SEC Bitcoin ETF Approval Eric Council Jr., […] Original
Ether (exchange-traded funds) ETFs saw more than double the inflows of bitcoin ETFs, with a significant net inflow of $420 million. Ether ETFs Grab The Spotlight in Trading Week Review In the week spanning Feb. 3 to Feb. 7, ether ETFs experienced a substantial net inflow of $420.06 million. While bitcoin ETFs also recorded a […] Original
Este artículo también está disponible en español. The US Securities and Exchange Commission (SEC) has finally acknowledged a bid to create an exchange-traded fund (ETF) for Solana. The bid was filed by Grayscale, a crypto asset management firm. This is particularly noteworthy because it reflects a change of heart of the top regulatory body. After all, the SEC rejected a similar bid just six weeks ago. However, that was before Donald Trump arrived in the White House. So, this is another clear signal that the new US government is very…
Trump Media plans to launch bitcoin ETFs, signaling a major push into crypto investments. A top analyst noted: “Safe to say first-ever POTUS ETF issuer. What a country.” Trump Media to Launch Bitcoin ETF—Is This the Next Big Thing in Crypto? Trump Media and Technology Group Corp. (TMTG), majority-owned by U.S. President Donald Trump, is […] Original
Inflows into spot Bitcoin exchange-traded funds in the U.S. slowed down on Feb. 5 following remarks from Trump’s crypto policy advisor regarding the potential implementation of a national strategic Bitcoin reserve. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $66.38 million in net inflows on Wednesday, 80% lower than the $340.82 million inflows seen over the previous day. The majority of inflows came into BlackRock’s IBIT with $44.35 million entering the fund. WidomTree’s BTCW and Fidelity’s FBTC also contributed to the positive momentum with inflows of $11.38…
BlackRock, one of the world’s largest asset managers, is set to bring its Bitcoin investment offering to Europe, marking a major step in its growing crypto ambitions, Reuters reported. After its successful US Bitcoin ETF, which has reportedly amassed over $58 billion in assets, BlackRock is now targeting European investors by listing a Bitcoin exchange-traded product (ETP) in Switzerland. If successful, this could mark a rising demand for institutional-grade crypto investment vehicles as the industry gains a wider acceptance in global finance. Bitcoin Demand Drives BlackRock’s Expansion The firm’s entry…
Contrasting ETF fortunes, bitcoin ETFs experienced a weekly inflow of $560 million, while ether ETFs saw outflows of $45 million. Growing Investor Preference for Bitcoin ETFs Reflected in Reduced Capital Inflows for Ether ETFs Bitcoin and ether exchange-traded funds (ETFs) experienced mixed fortunes in the last trading week of Jan. 2025. According to Sosovalue‘s weekly […] Original
Inflows into spot Bitcoin exchange-traded funds in the United States sharply tapered off over the past week amid the Fed’s decision on interest rate cuts and a broader risk-off sentiment among investors following concerns over China’s launch of the AI platform Deepseek. According to data from SoSoValue, the 12 spot Bitcoin ETFs experienced a significant drop in net inflows over the past week, drawing in $559.84 million from investors—nearly 68% less than the $1.76 billion recorded the previous week. These investment products reportedly began the week of Jan. 27-31 with…
Este artículo también está disponible en español. Asset manager Grayscale has become the third to file to offer a Dogecoin ETF, sparking a bullish sentiment in the DOGE community. This development has also raised the possibility of the Dogecoin price rallying to $1 soon enough. Related Reading Grayscale’s Dogecoin ETF Filing Sparks Optimism Of DOGE’s Rally To $1 Grayscale’s Dogecoin ETF filing has sparked optimism of a DOGE rally to $1. The New York Stock Exchange already filed the 19b-4 form with the US SEC to list and trade shares…
Grayscale Investments has launched the Grayscale Dogecoin Trust, offering institutional and accredited investors exposure to Dogecoin. The move follows a surge in institutional interest and increasing demand for Dogecoin (DOGE) investment products, according to a Grayscale press release. Dogecoin, initially created as a meme coin, has evolved into a widely adopted digital asset with a market capitalization of $50 billion. Over the past year, its price has tripled, driven by growing investor interest and the expansion of crypto-friendly policies under the Trump administration. Grayscale believes Dogecoin’s accessibility and low transaction…