☕️ GM! Here are the top news in #Crypto for the past 24 hours
🟠 Grayscale’s spot Ether ETFs began trading on the NYSE, offering traditional investors exposure to Ethereum with the potential to transform finance.
🟠 Spot Ethereum ETFs generated over $1 billion in trading volume on their first day, with Grayscale's ETF leading at $456 million.
🟠 Coinbase filed a motion to compel SEC Chair Gensler and the SEC to hand over documents related to their ongoing lawsuit.
🟠 Mt. Gox moved $2.8 billion worth of bitcoin to a new address, part of its $9 billion repayment plan to creditors, with Bitstamp set to distribute soon.
🟠 Grayscale moved $1B in ETH to Coinbase on July 22, in preparation for the launch of the first U.S. spot Ether ETFs.
🟠 BlackRock’s spot bitcoin ETF, IBIT, recorded a $526.7 million net inflow, its highest since mid-March, leading U.S. spot bitcoin ETFs' $533.57 million total inflow.
🟠 The U.S. government moved nearly $4M in seized bitcoin to Coinbase, representing less than 1% of BTC's 24-hour trading volume.
🟠 BlockFi sold its FTX claims at a premium, enabling a final 100% distribution of eligible customer and unsecured creditor claims as bankruptcy concludes.
🟠 A new on-chain donations platform on Base network allows U.S. politicians to accept crypto donations from over 240 cryptocurrencies.
🟠 Gateio will cease services for Japanese customers due to regulatory pressures from the Financial Services Agency, aiding asset migration to compliant exchanges
