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ARK Invest and 21 Shares cut staking component from latest spot Ethereum ETF filing
ARK Invest and 21 Shares cut staking component from latest spot Ethereum ETF filing

ArkInvest/21 Shares included a staking component in a previous filing, but that appeared to have been removed in an amended filing posted on Friday.

The Block·2024/05/10 22:22
Bitcoin options traders bet price could surpass all-time high by end of June, analyst says
Bitcoin options traders bet price could surpass all-time high by end of June, analyst says

Bitcoin call open interest is concentrated at $75,000 for the end of June expiry, YouHodler Chief of Markets Ruslan Lienkha says.

The Block·2024/05/10 15:46
IBIT and FBTC ETFs hit $10 Billion AUM in weeks, smashing previous record of three years: analyst
IBIT and FBTC ETFs hit $10 Billion AUM in weeks, smashing previous record of three years: analyst

JEPQ previously held the record for the fastest exchange-traded fund, reaching $10 billion in assets under management (AUM) in 647 trading days, taking around three years.BlackRock’s IBIT and Fidelity’s FBTC passed $10 billion AUM in 49 and 77 trading days, respectively.

The Block·2024/05/10 15:46
Kraken makes another push to dismiss SEC lawsuit ahead of June hearing
Kraken makes another push to dismiss SEC lawsuit ahead of June hearing

Kraken’s lawyers said in a court document filed on Thursday that the agency has “not identified any investment contracts that were (or could be) traded, brokered, or settled on Kraken.” A hearing to discuss Kraken’s move to dismiss the SEC’s lawsuit is set for 2 p.m. ET on June 12.

The Block·2024/05/10 15:19
BTC Price Settles at $63K as Network Difficulty Declines, Binance’s Regulatory Issues Continue: This Week’s Crypto Recap
BTC Price Settles at $63K as Network Difficulty Declines, Binance’s Regulatory Issues Continue: This Week’s Crypto Recap

Binance faces more regulatory issues from the govts of Nigeria and Canada, while BTC’s price calms around $63K.

Cryptopotato·2024/05/10 15:07
Bitcoin benefits from US dollar downturn, analysts say
Bitcoin benefits from US dollar downturn, analysts say

The U.S. Dollar Index (DXY) has declined following a rise in U.S. jobless claims.The DXY downturn could benefit bitcoin and equity markets, analysts say.

The Block·2024/05/10 14:34
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