Nasdaq files for in-kind redemptions for @BlackRock’s spot Bitcoin ETF, allowing authorized participants to exchange shares directly for $BTC, enhancing efficiency without cash transactions. This move follows initial SEC approval with cash redemption only. #Update #ETF $BTC (+4) ↗
The U.S. Securities and Exchange Commission (SEC) has rescinded the crypto accounting rule SAB 121, potentially enabling in-kind Bitcoin redemptions for ETFs like @BlackRock’s IBIT, which may streamline processes and reduce Bitcoin selling pressure. #Update #Crypto $BTC (+6) ↗
Kansas State Senate’s SB 34 proposes allowing the Kansas Public Employees Retirement System (KPERS) to invest up to 10% in Bitcoin ETFs, potentially boosting local economic engagement with annual performance reviews. #Update #Crypto $BTC (+3) ↗
@BitwiseInvest registers a Delaware statutory trust, signaling potential Dogecoin ETF launch amid rising crypto ETF interest. Analysts see this as a preparatory step before a formal SEC application. $DOGE’s market cap exceeds $50B. #Update #ETF $DOGE (+4) ↗
@BlackRock’s Bitcoin ETF acquired 5,250 $BTC from the market, totaling inflows of $528 million as institutional demand surges with $BTC crossing $100K. This follows BlackRock’s recent ETF launch on the CBOE exchange in Canada. #Breaking #Crypto $BTC (+8) ↗
The Securities and Exchange Commission (SEC) has extended the review period for @BitwiseInvest’s 10 Crypto Index ETF application to March 3, 2025, to ensure a thorough assessment of its implications. #Update #ETF $BITW (→ 0)
ETF data from Jan. 15 shows a $755 million inflow into bitcoin ETFs, halting four days of outflows totaling $1.22 billion, while ether ETFs continue to see positive inflows. #Update #ETF $BTC (+3) ↗
@VanEck has filed for a new ETF targeting digital asset infrastructure, avoiding direct crypto exposure. The Onchain Economy ETF will allocate 80% to “Digital Transformation Companies” like exchanges and mining operations, excluding stablecoins. #Update #ETF (+3) ↗
The U.S. Securities and Exchange Commission (SEC) delays its decision on @BitwiseInvest’s proposed crypto index ETF to March 2025, with a final deadline in July. This affects @Grayscale’s ETF plans as well. #Update #ETF $BITW (-3) ↘
VanEck seeks SEC approval for the Onchain Economy ETF, aiming to invest 80% in digital transformation firms and crypto ETPs, excluding direct digital assets like $BTC. The fund will trade under NODE. #Update #ETF (+3) ↗
Spot Bitcoin ETFs, including @BlackRock’s, faced a fourth day of outflows totaling $209.82M, while Ethereum ETFs saw a $1.15M inflow led by Bitwise’s ETHW product, signaling investor confidence in $ETH. #Update #ETF $ETH (→ 0)
Options tied to @BlackRock’s spot Bitcoin ETF have surged, reaching nearly 50% of Deribit’s BTC open interest in just two months, highlighting strong U.S. demand for regulated crypto products. #Update #Crypto $BTC (+6) ↗
@OspreyFunds announced plans to seek SEC approval to convert its Bitcoin trust into an ETF after a failed acquisition deal with Bitwise due to regulatory hurdles. #Update #ETF #Crypto $BTC (-2) ↘
Interest in US Bitcoin ETFs has surged in early 2025, with net inflows reaching 17,567 $BTC ($1.7B) for the week ending January 6, surpassing the late 2024 weekly average of 15,900 BTC. #Update #ETF $BTC (+5) ↗
