● Goldman Sachs plans to become an authorized dealer for spot Bitcoin ETF
According to Foresight News, CoinDesk cited sources as saying that Goldman Sachs is in negotiations to become an authorized dealer for the spot Bitcoin ETF. As an authorized dealer, Goldman Sachs will be responsible for creating and redeeming ETF shares to ensure that the product is traded in sync with its underlying assets.
● JPMorgan Chase may become an authorized participant of Grayscale Bitcoin spot ETF
According to the Daily Planet, Nate Geraci, president of The ETF Store, revealed on social media that after Goldman Sachs, JPMorgan Chase is also negotiating with Grayscale to serve as an authorized participant of its Bitcoin spot ETF.
● Chicago Board Options Exchange approved Fidelity Bitcoin spot ETF listing application, but still needs SEC approval before trading can begin
According to TechFlow, the Chicago Board Options Exchange (Cboe) has approved the listing application of Fidelity's Bitcoin spot ETF, but the U.S. Securities and Exchange Commission (SEC) has not yet approved it and trading has not yet begun.
● SEC is meeting with exchanges to finalize Bitcoin spot ETF resolution
Forbes reporter Eleanor Terrett posted on the X platform that the SEC is meeting with exchanges today to finalize comments on the 19b-4s submitted by Bitcoin spot ETF issuers.
● Matrixport analyst: SEC may reject all Bitcoin spot ETF applications in January
According to Planet Daily, Matrixport analyst Markus Thielen said that the SEC may reject all Bitcoin spot ETF applications in January. Thielen also said that Bitcoin spot ETF applications still do not meet the key requirements that must be met before the SEC approves them.
● Wu Jihan: Matrixport's analysis report is not planned to be widely disseminated, and short-term fluctuations will not affect the ETF results and BTC's status
Matrixport co-founder Jihan Wu posted on the X platform that the latest Matrixport report was prepared for customers, and the widespread dissemination in the media was not Matrixport's original plan and was beyond its control. Looking at the history and future prospects of Bitcoin, the current volatility and uncertainty about the potential approval of the Bitcoin ETF in January 2024 are ultimately unimportant. In the long run, Bitcoin will always dominate. In his personal opinion, it is inevitable that the spot ETF will be approved by the SEC.
● Bloomberg ETF analyst: I haven’t seen any other signs other than “Bitcoin spot ETF is about to be approved”
Eric Balchunas, an ETF analyst at Bloomberg, wrote on the X platform that many investors have inquired about the report released by Matrixport that "Bitcoin spot ETF will be rejected", but he personally has not seen any other signs except that it will be approved soon, so he also wants to know whether Matrixport has any sources of information or whether the conclusion is just speculation.
● Bloomberg ETF analyst: If the SEC rejects the Bitcoin spot ETF, the fund issuer may file a lawsuit
According to Cointelegraph, Bloomberg ETF analyst Eric Balchunas said that the time and effort invested by the SEC and Bitcoin ETF issuers means that Bitcoin ETF is unlikely to be completely rejected at the last minute. If the SEC rejects it, the fund issuer may follow in Grayscale's footsteps and file a separate lawsuit against the regulator.
● CoinShares: Net inflow of digital asset investment products will exceed US$2.2 billion in 2023
James Butterfill, head of research at CoinShares, posted on the X platform that digital asset investment products saw an inflow of $243 million last week, bringing the total inflow to $2.2 billion in 2023.
● Binance CMO: Binance will continue to focus on infrastructure development and blockchain education to cultivate the Web3 ecosystem
According to Vietcetera, Binance CMO Rachel Conlan said in an interview that Binance's strategy for cultivating the Web3 ecosystem focuses on two main aspects: infrastructure development and education, aiming to improve understanding and awareness of blockchain technology and digital assets. For example, the recently launched Binance Web3 wallet, as a key component of infrastructure, provides users with a seamless Web3 entrance, exchange tokens between different networks at competitive prices, explore diverse DApps, easily transfer funds, earn asset returns, and so on. In addition, Binance is committed to enriching the knowledge field through educational activities, interacting with local technical communities, and customizing educational content for different audiences to strengthen ties with the community and promote a wider discussion of Web3 technology worldwide.
