Bitcoin ETFs Set Record with Over $3.1B in Weekly Inflows
U.S. Bitcoin ETFs saw record weekly inflows of $3.38 billion from November 18-22, a 102% increase from the previous week. Despite the exponential growth of Bitcoin ETFs domiciled in the United States that invest in spot Bitcoin have set a record high in terms of weekly inflows. According to the cryptocurrency tracking platform SoSoValue, spot […]
Trump to Name Kelly Loeffler as Agriculture Secretary
Kelly Loeffler, who led Bakkt from its founding in 2018 until her Senate appointment in 2019, has financial and political ties to Trump. CNN has claimed that President-elect Donald Trump is getting ready to create a cabinet that would include a long-time supporter and a former CEO of a cryptocurrency company. Donald Trump To Name […]
Donald Trump nominates Scott Bessent as Treasury secretary
Scott Bessent, a respected investor and former chief investment officer at Soros Fund Management and co-founded Key Square Capital Management. President-elect Donald Trump has selected Scott Bessent to serve as the Secretary of the Treasury of the United States of America.Scott, a prominent international investor and geopolitical and economic strategist, enjoys widespread respect worldwide. “Scott’s […]
Cboe to Launch spot Bitcoin ETF Index Options in December
Cboe Global Markets is set to launch cash-settled index options on December 2, based on the Cboe Bitcoin US ETF Index. Cboe Global Markets has announced that it will distribute the first cash-settled index options tied to the spot price of bitcoin. These options, set to launch on Monday, December 2, will be based on […]
Crypto Wins as US SEC Loses ‘Dealer’ Lawsuit
Judge Reed O’Connor ruled that no U.S. law supports the SEC’s broad use of the term “dealer” to classify crypto companies under securities regulations. Crypto litigants in the state of Texas have dealt the Securities and Exchange Commission (SEC) of the United States yet another significant setback. Judge Reed O’Connor of the United States District […]