US Bitcoin ETF Assets Break $100 billion
Since the launch of spot Bitcoin ETFs in January, Bitcoin has become the dominant asset in the ETF market. Bloomberg Intelligence reports that on November 21st, exchange-traded funds (ETFs) investing in Bitcoin in the United States achieved a significant milestone by surpassing the $100 billion mark in net assets. Since the introduction of spot Bitcoin […]
Solana ETF Issuers Advance Talks With US SEC
The U.S. spot Solana ETF approval process shows progress, with potential approval by 2025, per Fox Business’ Eleanor Terrett. The search for spot Solana ETF products in the United States is progressing positively. Eleanor Terrett, a journalist for Fox Business, stated that discussions between the Securities and Exchange Commission (SEC) and potential issuers are “progressing” […]
Goldman Sachs to Spin Out Crypto Platform
As the use of cryptocurrencies in the United States increases, Goldman Sachs is in negotiations to turn its digital asset platform into a stand-alone business. Bloomberg claims that as part of its strategy to reach a wider audience with its blockchain infrastructure products, Goldman Sachs has enlisted the help of a number of industry participants. […]
Senator Cynthia Lummis Proposes Fed Gold Sale To Buy 1M Bitcoin
Senator Cynthia Lummis proposes selling U.S. gold reserves to buy 1M bitcoin for a national reserve without increasing debt. Senator Cynthia Lummis, a Republican from Wyoming, has proposed a plan to sell a portion of the gold holdings owned by the Federal Reserve of the United States in order to raise money for the acquisition […]
Nasdaq to List Coincheck After SEC Approval
Coincheck will be the first Japanese exchange on Nasdaq, following a merger with TBCP and SEC approval on November 13, 2024. Coincheck, a Tokyo-based cryptocurrency exchange and a subsidiary of Monex Group, is the first Japanese cryptocurrency exchange to debut on the Nasdaq stock market list. The United States Securities and Exchange Commission (SEC) granted […]