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Grayscale’s GBTC has just notched its largest day of outflows since its launch, though ETF analysts are optimistic that BTC ETFs are only just starting to gain momentum.
Some industry pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen — but problems could arise if regulators demand action.
Crypto market depth has almost fully recovered and is back to its pre-FTX average reports crypto research firm Kaiko.
Part of the funds would hire staff across SEC divisions, with one job dedicated to crypto and another to help with the increased lawsuits the agency faces.
The price of LDO jumped briefly after an updated spot Ether ETF application from Fidelity which proposed to stake “a portion” of the fund’s ETH to generate additional income.