IBIT flips to in-kind creations: what it means for spreads, taxes and flows
The largest Bitcoin ETF in the world has just revamped its process for moving coins in and out of the…
Category: Financial
SEC is Getting Closer to the Crypto World: They Announced a New Move Today, What Does It Mean?
The US Securities and Exchange Commission (SEC) has taken a new step that will allow stocks to be traded on-chain,…
Is China Gearing Up for a New Stablecoin Race?
Reports suggest that the Chinese government might support using yuan-pegged stablecoins for cross-border trade and to compete with the US…
Brazil\’s Finance Minister Claims CBDC Will Bring \’Transparency,\’ Ease Financial Transactions
Fernando Haddad, Brazil’s finance minister, said the objective of Drex, the country’s CBDC, is to increase transparency of flows and…
Ethereum Tops Bitcoin in ETF Inflows With $546.96 Million on September 29
Story Highlights Total trading value in Bitcoin ETFs surged to $4.61 billion, with net assets of $150.41 billion Fidelity FETH…
Fidelity Crypto Purchase Hits $500M, Boosting BTC and ETH
Ash Crypto stated Fidelity made a significant crypto purchase, investing nearly $300 M in Bitcoin and over $200 M in…
KGeN Raises $43.5 Million to Power Verified Growth Across AI, DeFi, and Gaming
KGeN, the protocol building a Verified Distribution Network for AI, DeFi, gaming, and consumer applications, has raised $13.5 million in…
Bitwise CIO: Tether’s Growth Could Make It History’s Most Profitable Company Ever
Story Highlights Bitwise CIO says Tether could become the most profitable company in history, potentially surpassing Saudi Aramco. USDT adoption…
JOLTS Job Openings Expected to Decline Amid Fed’s Concerns on Labor Market
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the United States (US) Bureau of…
New crypto ETFs could come to market by Halloween
A new slew of crypto ETFs could be just around the corner. “I could be wrong, but my guess is…