● The US Bitcoin spot ETF had a net inflow of US$32 million yesterday, achieving net inflows for three consecutive days
According to BlockBeats, HODL15Capital data showed that the U.S. Bitcoin spot ETF had a net inflow of US$32 million yesterday, marking three consecutive days of net inflows.
● US SEC extends the listing review period for Franklin Ethereum spot ETF
According to PANews, the U.S. Securities and Exchange Commission (SEC) has decided to extend the review period for the proposed rule changes for the listing and trading of Franklin Ethereum ETF shares. This means that the SEC will take longer to decide whether to approve this Ethereum-based commodity trust share and classify it in accordance with BZX Rule 14.11(e)(4).
● Grayscale submits application to register Ethereum Mini Trust ETF
According to BlockBeats, on April 24, Grayscale submitted documents to the U.S. Securities and Exchange Commission (SEC) to apply for registration of a new Ethereum exchange-traded fund (ETF) - Grayscale Ethereum Mini Trust Fund (proposed code: ETH). The fund will be created by splitting and allocating assets from the Grayscale Ethereum Trust Fund (OTCQX: ETHE).
● Victory Securities becomes the first securities firm in Hong Kong to accept physical subscriptions for Bitcoin and Ethereum spot ETFs
According to TechFlow, Victory Securities announced on its official website that it has become the only participating securities firm that accepts physical subscriptions in Hong Kong's first batch of Bitcoin and Ethereum spot ETFs.
● Two US advisory firms invest $20 million in Fidelity’s spot Bitcoin ETF FBTC
According to Odaily Planet Daily, Eric Balchunas, senior ETF analyst at Bloomberg, disclosed on the X platform that two US Deposit Insurance Fund Advisory Companies (DIF Advisors) each invested $20 million in Fidelity's spot Bitcoin ETF FBTC. One of the two companies is from Kansas and the other is from Minnesota, and the percentages of their portfolios are also quite high, at 6% and 5% respectively.
● Tesla’s Q1 2024 financial report: Bitcoin asset size remains unchanged
According to Odaily Planet Daily, Tesla released its first quarter financial report for 2024. The company's Bitcoin assets did not increase or decrease, and the asset size remained unchanged. According to data from Bitcoin Treasuries, Tesla holds 9,720 BTC, making it the third largest public holder of the asset, second only to software company MicroStrategy and mining company Marathon. The BTC owned by Tesla is worth approximately $647 million, and the cost of purchasing these bitcoins is $337 million.
● QCP Capital analyst: Bitcoin halving supply restrictions may take two to three months to have an impact on the market
According to Odaily Planet Daily, analysts at QCP Capital said that investors may need to wait about two or three months for the supply restrictions of Bitcoin halving to have an impact on the market. In the first three halvings, the spot price rose exponentially only 50-100 days after the actual halving day. If this pattern is repeated this time, Bitcoin bulls still have a few weeks to build larger long positions.
