Newsletter Jan 23, 2024
FTX's Billion-Dollar Exodus: Major Sell-Off Shakes Up Grayscale Bitcoin Trust ETF

FTX reportedly divested nearly two-thirds of its GBTC holdings within the initial three trading days of the fund's operation as an ETF.


Crypto Capital Flight: Grayscale's GBTC Registers $2.2 Billion Outflows In Rapid 5-Day Dash

Industry observers believe that the combination of locked positions and high fees has created a strong incentive for investors to pursue more cost-effective options.


Bitcoin Struggles Amid ETF Accumulation Of 95,000 BTC And $4B AUM

Among the various ETFs, Fidelity's FBTC and BlackRock's iShares Bitcoin Trust have each attracted over $1.2 billion in inflows.

Do Kwon's Terraform Labs Hits Rock Bottom; Seeks Bankruptcy Protection In U.S. Amid Legal Turmoil

Last week, Judge Jed Rakoff moved the start date of the SEC v. Terraform Labs and Kwon $40 billion fraud case trial to March 25 from the initial Jan. 29 start date, following an appeal from the crypto mogul's camp.

Spot Bitcoin ETFs Set To Reshape Cryptocurrency Markets And Regulatory Landscape

The introduction of spot Bitcoin ETFs marks a significant milestone, yet many questions and challenges lie ahead for the cryptocurrency ecosystem.

Unlocking Cryptocurrency's Future: Anticipating Spot Ethereum ETF, Its Implications, Challenges And Market Dynamics

Many are now closely monitoring developments in the cryptocurrency industry to see if a spot Ethereum ETF could be the next milestone in the regulatory landscape.

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