Robert Mitchnick, BlackRock’s head of digital assets, acknowledged the significant success of the firm’s Bitcoin ETF in its debut year, marked by record inflows and asset growth fueled by retail investor enthusiasm and Bitcoin’s surge past $100,000. However, he cautioned that market volatility may present challenges in 2025. While recent outflows have been observed, … Read more
The Thai Securities and Exchange Commission (SEC) is currently investigating the potential approval of a Bitcoin exchange-traded fund (ETF) for listing on domestic exchanges. This move could significantly boost Thailand’s position as a growing hub for digital asset investment. According to Secretary-General Pornanong Budsaratragoon, the SEC is considering allowing both individual and institutional investors … Read more
According to Bloomberg Senior ETF Analyst Eric Balchunas, a Litecoin exchange-traded fund (ETF) has a strong chance of becoming the next spot crypto ETF approved in the U.S. This prediction follows Canary Capital’s recent submission of an amended S-1 form to the Securities and Exchange Commission (SEC) for its Litecoin ETF. Balchunas noted on … Read more
The US Securities and Exchange Commission (SEC) has extended its review of the Bitwise 10 Crypto Index ETF proposal to March 3, 2025. This delay, while expected, underscores the SEC’s meticulous approach to regulating cryptocurrencies. The Bitwise ETF, aiming to track the top 10 cryptocurrencies by market capitalization, including Bitcoin, Ethereum, and Solana, has … Read more
Thailand is considering a significant policy shift by allowing Bitcoin exchange-traded funds (ETFs) to list on local exchanges. This move aims to solidify the country’s position as a regional hub for digital assets. The Securities and Exchange Commission (SEC) is currently evaluating the possibility of permitting both individual and institutional investors to invest in domestic … Read more
As the world waits for Donald Trump’s inauguration as the 47th President of the USA on January 20th, the crypto market remains in a holding pattern. Bitcoin is currently hovering between $92K and $95K, offering little excitement. However, this period of sideways movement could present some of the best opportunities to accumulate altcoins before prices … Read more
JPMorgan Chase & Co. predicts that the approval of spot Solana (SOL) and XRP exchange-traded funds (ETFs) in the US could trigger significant investment inflows. The report, released on January 13th, projects that SOL ETFs could attract between $3 billion and $6 billion in net new assets, while XRP ETFs could gather between $4 billion … Read more
New York Department of Financial Services (NYDFS) Superintendent Adrienne Harris has announced the launch of the Transatlantic Regulatory Exchange (TRE), a groundbreaking program designed to foster collaboration and knowledge sharing between financial regulators. The TRE will see senior staff from NYDFS and the Bank of England exchange roles for six months, beginning in February. This … Read more
The Bitcoin spot ETF market experienced a significant shake-up on January 13, with a staggering net outflow of $284 million, according to Sosovalue. This substantial decline highlights a broader trend of cautious sentiment among investors. However, amid this downturn, BlackRock’s IBIT ETF stood out, recording an impressive inflow of $29.46 million, signaling robust investor confidence … Read more
A surge in altcoin trading volume on Binance has fueled speculation about an impending altcoin season. While Bitcoin dominance remains significant at 57.74%, up 2.41% in the past month, the growing retail investor interest in altcoins suggests a shift in market sentiment. Is an Altcoin Season Imminent? Analysts are divided on the likelihood of … Read more