Finance

Summary Sandy Kaul from Franklin Templeton and Robert Mitchnick from BlackRock discuss the asset managers’ efforts to gain approval for a bitcoin ETF in the U.S.…

Summary China has established a working group to promote standardization in the metaverse sector, aiming to drive the growth of the industry. The group, formed by…

Summary Zeeve, a blockchain infrastructure provider, has integrated “one-click” validator nodes for the Provenance Blockchain. This integration allows users to easily participate in network consensus and…

Summary The South Korean government is urging the financial regulator to reconsider approving a local spot bitcoin exchange-traded fund (ETF). The government is exploring ways to…

Summary Several spot bitcoin ETFs began trading on Thursday after receiving approval from the US Securities and Exchange Commission. The ETFs, including one from Ark Invest…

Summary JPMorgan reports that the discount to net asset value (NAV) for the Grayscale Ethereum Trust (ETHE) has been shrinking since the summer, indicating increasing market…

Summary Lawmakers in the U.S. need to establish regulations for cryptocurrencies before the next crisis, according to a U.S. Treasury official. The official emphasized the opportunity…

Summary According to initial data from Bloomberg Intelligence, the spot bitcoin ETFs by Bitwise and Fidelity had higher day-one inflows compared to their competitors. Bitwise and…

Summary Brunet, an avid participant in prediction markets, admits to not making money from them and considers it more of a hobby. He used to make…

Summary BlackRock’s iShares Bitcoin Trust (IBIT) has outperformed bitcoin since its launch. While IBIT has experienced losses, it has performed better than other bitcoin ETFs. IBIT…