● Founder of Skybridge Capital: The full adoption of Bitcoin by institutions will accelerate rapidly
According to Odaily Planet Daily, Anthony Scaramucci, founder of SkyBridge Capital, believes that institutions have begun to fully adopt Bitcoin and will accelerate rapidly in the coming quarters. Scaramucci made this statement in an interview with CNBC, highlighting the increasing acceptance of Bitcoin by major financial institutions and pension funds. He pointed out that Wisconsin recently announced an investment in Bitcoin and hinted that other pension funds may follow suit. He attributed the growing institutional interest in Bitcoin to regulatory approval, which solves a key obstacle facing large institutional investors. Scaramucci also talked about the broader impact of Bitcoin adoption, describing Bitcoin as "digital gold" rather than a universal currency, and emphasized Bitcoin's role in hedging against large-scale money printing and inflation.
● US spot Bitcoin ETF purchased 14,389 BTC this week
According to Golden Finance, Bitcoin Magazine revealed that the US spot Bitcoin ETF purchased 14,389 BTC worth $1 billion this week.
● CoinShares Research Director: 13F documents only disclose 25% of Bitcoin ETF holdings, currently at $15 billion
According to Odaily Planet Daily, James Butterfill, head of research at CoinShares, said in a post on the X platform that the recent Bitcoin ETF 13F filing submitted to the SEC only captured a limited amount of data. So far, 25% of the disclosed data has represented a holding size of $15 billion. There are more than 1,900 institutions/companies holding Bitcoin spot ETFs in the United States, with an average Bitcoin allocation ratio of 0.6% in the portfolio, of which hedge funds, private equity and holding companies hold 2.1%, 1.5% and 1% of Bitcoin respectively.
● SEC policy director resigns, SEC expected to remain skeptical of cryptocurrencies
According to Odaily Planet Daily, the U.S. SEC announced in a statement that Heather Slavkin Corzo, a well-known critic of cryptocurrency, will resign from her position as policy director. SEC Chairman Gary Gensler appointed Corzo in April 2021. During his tenure, Corzo played a key role in implementing market fund reforms, accelerating securities settlement cycles, and strengthening corporate disclosures of cybersecurity incidents. These measures have been praised for strengthening investor protection and simplifying the capital formation process. SEC Financial Advisor Corey Klemmer will replace Corzo, and the SEC is expected to maintain a skeptical attitude towards cryptocurrencies.
● Bloomberg: Several fund companies are ready for the US SEC to reject the Ethereum ETF
According to Golden Finance, according to Bloomberg, the U.S. Securities and Exchange Commission is expected to decide whether to approve the first batch of Ethereum-based exchange-traded funds (ETFs) on May 23 local time. Most market participants and fund managers expect that the regulator will not approve it and are ready for the SEC to reject the Ethereum ETF. These fund companies revealed that they have had private dialogues with the SEC and feel that the regulator's attitude is quite different from the approval of the spot Bitcoin ETF in January.
● On-chain prediction market data shows that the probability of Ethereum spot ETF being approved before May 31 is 11%
According to Odaily Planet Daily, data from the on-chain prediction market Polymarket showed that bettors believe that there is an 11% chance that the Ethereum spot ETF will be approved before May 31.
