● BlackRock resubmits S-1 amendment for spot Bitcoin ETF
According to BlockBeats, Bloomberg analyst James Seyffart said that BlackRock had resubmitted its spot Bitcoin ETF S-1 (prospectus) amendment on December 5. The U.S. SEC may have issued the same or very similar instructions to multiple issuers, and these documents may be the result of multiple conversations and a lot of work between the two parties.
● Bitwise submits the second revised version of the Bitcoin ETF application to the SEC
Bloomberg ETF analyst James Seyffart posted on the X platform that Bitwise has submitted the second revised S-1 document (recruitment instructions) for the Bitcoin spot ETF application to the US SEC, indicating that the dialogue between the SEC and potential issuers is still ongoing.
● Hong Kong Securities Regulatory Commission approved Victory Securities to cooperate with EMC Labs to launch a compliant Bitcoin fund
According to Foresight News, the compliant Bitcoin fund "Victory EMC BTC Cycle Fund" jointly launched by Victory Securities and EMC Labs has been approved by the Hong Kong Securities and Futures Commission to enter the market. The fund is aimed at qualified professional investors and actively allocates Bitcoin cyclically based on data mining and industry research. In addition, this is also the only virtual asset fund in Hong Kong that has been approved by the Securities and Futures Commission and is based on stablecoin subscription. Victory Securities Executive Director Chen Peiquan said that the fund will be able to accept deposits in US dollars, USDC or USDT, providing investors with a convenient way to participate in the compliant and licensed virtual asset market.
● El Salvador President Nayib Bukele: BTC investment has a floating profit of $3.62 million
According to Wu, Nayib Bukele, President of El Salvador, said that at the current market price, if sold, the investment in BTC can make a profit of $3.62 million; he has no intention of selling, although the price will continue to fluctuate in the future, it will not affect the long-term strategy. Currently, El Salvador holds BTC worth more than $130 million.
● CoinShares: Digital asset investment products have a net inflow of US$1.76 billion in the past 10 weeks
According to PANews, CoinShares weekly data showed that digital asset investment products had a net inflow of $176 million last week, and the total inflow in the past 10 weeks reached $1.76 billion, accounting for 4% of assets under management (AuM). This round of capital inflow is the highest level since the launch of futures ETFs in the United States in October 2021. Among them, Bitcoin inflowed $133 million last week and Ethereum inflowed $31 million; blockchain stocks inflowed for the seventh consecutive week, with an inflow of $17.4 million last week, the largest inflow since July 2022.
● Blockworks Research: Ordinals-related transactions generated approximately $38.7 million in revenue for Bitcoin miners in November
According to the Daily Planet, data released by Blockworks Research showed that a record 8.34 million Ordinal-related transactions occurred in November, generating approximately $38.7 million in revenue for BTC miners.
● Layer2 total locked value exceeded US$15 billion for the first time, setting a new record high
According to L2beat data, the total locked value of the Layer 2 network has risen to a record high of $15.04 billion, up 3.01% in the past 7 days. Among them, ArbitrumOne ranks first in locked value, up 3.22% in the past 7 days, also setting a record high; OP Mainnet ranks second, up 1.48% in the past 7 days, reaching $4.0 billion. Base ranks third, up 4.90% in the past 7 days, up to $626 million.
