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🚨BlackRock 21SHARES LAUNCHES NEW ETPS FOR PYTH, ONDO, RENDER AND NEAR - 21Shares, a leading digital asset manager, is expanding its offerings with the launch of four new exchange-traded products (ETPs) that provide investors exposure to emerging sectors. The New ETPs: - 21Shares NEAR Protocol Staking ETP - 21Shares Ondo ETP -21Shares Pyth Network ETP - 21Shares Render ETP
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🚨 On November 27, the #Bitcoin spot ETF had a total net inflow of $103 million. The Ethereum spot ETF had a total net inflow of $90.1029 million, with net inflows continuing for 4 consecutive days
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Crypto Industry Achieves Legal Victories Against U.S. Regulations The first victory came when the Fifth Circuit Court of Appeals ruled against the U.S. Treasury's decision to include the open-source protocol Tornado Cash on its list of sanctioned entities. The court deemed this action unlawful, setting a precedent that open-source technology cannot be banned solely due to misuse by malicious actors. This ruling also poses a challenge to Senator Elizabeth Warren's anti-money laundering bill, which aims to impose stricter regulations on the crypto industry. In a separate case, a district judge overturned the U.S. Securities and Exchange Commission's (SEC) attempt to expand its broker-dealer rule. The proposed rule sought to include decentralized protocols and automated market makers under the SEC's definition of "dealer," subjecting them to regulatory scrutiny. The judge ruled that the SEC's broad interpretation exceeded its congressional authority, thereby limiting the agency's reach over decentralized finance platforms. These legal outcomes underscore the ongoing tension between regulatory bodies and the rapidly evolving crypto landscape.
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🚨🇺🇲 U S. #Bitcoin Spot ETFs Experience Record-Breaking Week Bitcoin exchange-traded funds (ETFs) have experienced their most successful week since their introduction in January, marking a significant milestone in their growth trajectory. *Data indicates that Bitcoin ETFs acquired over $3.3 billion worth of Bitcoin in the week ending November 22.* With Bitcoin trading consistently above $90,000 during this period, ETF issuers purchased more than 30,000 Bitcoins, which is approximately ten times the amount of newly minted Bitcoin. This surge in acquisition was described by Eric Balchunas, an ETF analyst at Bloomberg Intelligence, as "Pac-Man mode activated," highlighting the aggressive buying trend. Bitcoin ETFs Experience Record-Breaking Week AI Summary According to DLNews, Bitcoin exchange-traded funds (ETFs) have experienced their most successful week since their introduction in January, marking a significant milestone in their growth trajectory. Data from SoSoValue indicates that Bitcoin ETFs acquired over $3.3 billion worth of Bitcoin in the week ending November 22. With Bitcoin trading consistently above $90,000 during this period, ETF issuers purchased more than 30,000 Bitcoins, which is approximately ten times the amount of newly minted Bitcoin. This surge in acquisition was described by Eric Balchunas, an ETF analyst at Bloomberg Intelligence, as "Pac-Man mode activated," highlighting the aggressive buying trend. Despite the initial surge, the momentum appears to have slowed, with approximately $438 million being withdrawn from Bitcoin ETFs at the start of the following week, as reported by SoSoValue. Nevertheless, the dozen funds that collectively hold over 5% of the global Bitcoin supply remain among the most successful ETFs since the investment vehicle gained popularity in the 1990s. Although Bitcoin ETFs are smaller compared to more established funds like the Vanguard S&P 500 ETF, which manages assets exceeding $530 billion, they have reached significant milestones at an unprecedented pace.
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Bitcoin and alt coins crashed 🔻 because of Russia - USA. Nato shared alert notification
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