Bitcoin ETF Launches Expanding Mining Ecosystem
CryptoBriefing: @Grayscale launched the Bitcoin Miners ETF, MNRS, offering exposure to global mining companies without direct digital asset investment (Jan. 30). #Update #ETF (+3) ↗
Bitcoin ETF
Bitcoin ETF: Indiana Eyes Retirement Funds
Indiana’s Rep. Jake Teshka introduces a bill to allow state retirement funds to invest in Bitcoin ETFs, joining a trend among states like Utah building Bitcoin reserves. The bill mandates a blockchain tech evaluation by 2026. #Update #Crypto $BTC (+4) ↗
Bitcoin ETFs: Cboe BZX Innovates Redemptions
@CboeBZX Exchange Inc. amended rules to allow in-kind redemptions for the ARK 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF, aligning with SEC-approved processes from earlier this year. #Update #ETF $BTC (+3) ↗
Bitcoin ETF Inflows Surge to $527M
Bitcoin and Ethereum spot ETFs saw a net inflow of nearly $527 million, with @Fidelity’s ETF leading at $186.1 million and @BlackRock’s fund securing $155.7 million, highlighting increased investor confidence in crypto assets. #Update #ETF $BTC (+6) ↗
Bitcoin ETF Milestone: Nasdaq Files In-Kind
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) ↗
Bitcoin ETF Enables BTC Redemptions
The U.S. Securities and Exchange Commission (SEC) has rescinded the crypto accounting rule SAB 121, potentially enabling in-kind Bitcoin redemptions for ETFs like @BlackRock’s IBIT, which may streamline processes and reduce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) ↗
Bitcoin ETF Bill in Kansas Spotlight
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) ↗
Crypto ETF: Bitwise Targets Dogecoin
@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) ↗
Bitcoin ETF Acquires 5250 BTC Rally
@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) ↗
SEC Delays Bitwise Crypto ETF Decision
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)
Bitcoin ETFs Surge: $755 Million Inflow
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) ↗
Crypto ETF Targets Infrastructure Not Coins
@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) ↗
Crypto ETF Decision Delayed Until March
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) ↘
Crypto ETF Launch VanEck Files
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) ↗