$4.9 Million Inflow into Spot Ethereum ETFs – DeFi Dominance at 3-Year Low

$4.9 Million Inflow into Spot Ethereum ETFs On Monday, there were total inflows of $4.9 million into spot Ethereum ETFs in the US, reversing three days of negative flows. VanEck’s...

Hong Kong Crypto ETFs Face Systemic Market Hurdles – IRS Updates Crypto Brokerage Tax Form

Hong Kong Crypto ETFs Face Systemic Market Hurdles ETFs in Hong Kong are struggling due to a systemic market problem, according to OSL Executive Director Gary Tiu. This problem stems...

Russia Legalizes Crypto Mining – Spot Bitcoin ETF Options Could Be Added in Q4

Russia Legalizes Crypto Mining Russian President Vladimir Putin has approved a law aimed at reducing reliance on the US dollar in international trade. The law, which will come into force...

Ripple and SEC Case Over – Cooperation Between Arbitrum and Circle

Lawsuit Between Ripple and SEC Ended Ripple was fined $125 million by the SEC, which is well below the SEC's proposed $2 billion penalty. Judge Analisa Torres accepted some of...

Trump and Lummis Push for US Bitcoin Reserves – Valour to Launch Digital Asset ETPs in Kenya

Trump and Lummis Push for US Bitcoin Reserves Former President Donald Trump and Wyoming Senator Cynthia Lummis proposed plans for the US government to hold Bitcoin. Lummis drafted a law...

Exiting Digital Asset Funds – Interest-earning Bitcoin Account in the UK

Exit from Digital Asset Funds After a four-week series of inflows in digital asset funds, a total outflow of $528 million occurred last week. While the highest outflow was in...

Biggest Breakout in US Spot Bitcoin ETFs in 90 Days – Morgan Stanley to Offer Spot Bitcoin ETFs to Wealthy Clients

US Spot Bitcoin ETFs See Biggest Outflow in Past 90 Days 12 U.S. spot ETFs experienced outflows of $237.45 million, the largest single-day outflow since May 1. Grayscale's Bitcoin Mini...

Bitcoin and Ethereum Transactions from Hong Kong Brokerage – MicroStrategy Increases Bitcoin Assets to 226,500 Units

Bitcoin and Ethereum Transactions from a Hong Kong Brokerage Firm Futu Securities International, Hong Kong's largest online brokerage, has launched cryptocurrency trading for its 22 million customers. Futu Securities announced...

Fed Leaves Interest Rate Steady – Fidelity International Lists Bitcoin ETP on London Stock Exchange

Fed Leaves Interest Rate Fixed The US Federal Reserve kept the interest rate constant in the range of 5.25% - 5.50% and was reluctant to guarantee an interest rate cut...

Bitcoin Dominance Is at Its Highest Level in Three Years – Trust Wallet Collaborates with TON

Bitcoin Dominance Reached Its Highest Level in the Last Three Years Bitcoin dominance, which measures Bitcoin's dominance relative to the total cryptocurrency market, reached a three-year high since April 2021,...

Entering Digital Asset Funds – Four Days in a Row Out of Money from Spot Ethereum ETFs

Introduction to Digital Asset Funds When we examine the digital asset funds report, we see that there was a money inflow of 245 million dollars last week. As always, the...

Trump Speaks at the Bitcoin 2024 Conference – Bitcoin Research Institute Move from the University of Wyoming

Trump Speaks at Bitcoin 2024 Conference Former President Donald Trump said at the Bitcoin 2024 Conference over the weekend that if he is elected to a second term, he wants...

Volume Below $900 Million from Spot Ethereum ETFs for Third Day – Bitcoin and Tech Stocks Continue to Fall After Strong US Data

Spot Ethereum ETFs Gain Under $900 Million in Volume on Third Day Ethereum ETFs initially experienced strong trading volumes, but demand faded and total trading volumes fell from more than...

Second-Day Volume of $951 Million from Spot Ethereum ETFs – Hashdex Files S1 for an ETF Including Bitcoin and Ethereum

Spot Ethereum ETFs Gain $951 Million in Volume on Second Day In their second day on the US markets, Ethereum ETFs reached nearly $1 billion in trading volume. It traded...

Spot Ethereum ETFs Open for Trading – Toyota Considering Ethereum Adoption

Spot Ethereum ETFs Open for Trading In their first trading days, spot Ethereum ETFs in the US generated trading volume in excess of $1 billion. The SEC approved registrations for...