Grayscale announces plans for Bitcoin ETF spinoff
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC. Go to Source
Government
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Will UK Labour gov’t follow Germany’s example and liquidate 61,245 BTC?
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country’s Bitcoin holdings for the party’s goals. Go to Source
Fee war breaks out among spot Ether ETF issuers ahead of listings
Franklin Ethereum ETF (EZET) has emerged as the fee race’s frontrunner. Go to Source
SEC approves Grayscale, Proshares spot Ethereum ETFs for trading on NYSE Arca
The issuers must still await final regulatory signoff on S-1 filings before listing the funds. Go to Source
21Shares Ether ETF to waive fees for up to 6 months as issuers prep for listings
21Shares joins other Ethereum exchange-traded fund issuers that are slashing fees to woo investors. Go to Source
King Charles lays out Labour govt plan for UK, with crypto unmentioned
During the State Opening of Parliament in May 2022, the UK government led by Conservatives introduced two bills concerning cryptocurrencies. Go to Source
German gov’t was rushing to sell Bitcoin to maximize liquidity: Arkham CEO
Using five different crypto exchanges suggests that the wallet sought to maximize liquidity on each order book and sell Bitcoin as soon as possible. Go to Source
a16z co-founders pledge to support Trump in wake of Vance VP pick: Report
Numerous Silicon Valley insiders are reportedly donating to the Republican presidential nominee. Go to Source
Bitcoin soars on predictions of Trump victory after assassination attempt
The failed assassination attempt on the former US president may (perversely) be good for crypto. “Trump’s victory odds just went up significantly.” Go to Source
Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices. Go to Source
