blackrock
* BlackRock and Grayscale update filings for spot Ethereum ETFs, moving closer to launch. * SEC approval sparks positive market sentiment, with potential ETF launch by end of June. * Riot Platforms makes hostile bid for Bitfarms, potential stand-off brewing. - Congress advances FIT21 Act and CBDC Anti-Surveillance State Act, facing Senate scrutiny.
blackrock
* BlackRock filed amended S-1 for proposed Ethereum fund, awaiting SEC approval for trading. * Seed capital investor purchased 400,000 shares at $25 each on May 21, 2024. * Shares to be listed and traded under ticker symbol "ETHA." * SEC in talks with issuers about S-1 forms, launch date speculated
bitcoin
* U.S. spot bitcoin ETFs saw $948.3M in net inflows last week, fully recovering from previous outflows. * Fidelity's FBTC led with $344.5M in net inflows, followed by ARKB and IBIT. * Total net inflows since January surpassed $12.5B, but slowed from March peak. * Bitcoin price rose
bitcoin
Grayscale's Bitcoin Trust (GBTC) has ended its four-month streak of outflows, with inflows into the trust for the second consecutive day. Since January 11, an average of $218 million per day has been exiting GBTC, resulting in over $17.5 billion in outflows. However, on May 3, GBTC