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💥💥 According to CoinShares, US ETFs dominate digital asset investment with massive $1.8bn inflows, mostly into Bitcoin. Ethereum also sees significant weekly inflows. Despite price rises, Ethereum's assets remain below peak levels. The US leads in net inflows, while other regions show mixed flows. Overall, total assets under management are close to all-time highs at $82.6bn.
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💥 The SEC has postponed its decision on BlackRock and Fidelity's proposal for a spot Ethereum ETF and is soliciting public input. The SEC is examining whether Ethereum's proof-of-stake system is susceptible to fraud and manipulation.
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💥 Jake Chervinsky, Variant's chief legal officer, expressed less confidence than others in the approval of an ETH spot ETF this year. He noted that the SEC faced political pushback for approving BTC ETFs, driven by market sentiment rather than solid regulatory grounds.
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💥News💥 Nigeria's House of Representatives' Financial Crimes Committee has summoned Binance CEO Richard Teng over suspicions of terrorism financing and money laundering. Teng must appear before the committee by March 4, 2024. #NewsUpdated
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💥🌍 Unlocking the future of finance with #Bitcoin . 🔑💼 #BTC $BTC
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