75% of New Investments Go to Bitcoin ETFs
Just one month after approval by the United States Government on January 11, an estimated 75% of new investments in Bitcoin have come from the 10 newly approved spot Bitcoin exchange-traded funds.
Cryptos’ Market Cap Near $2T
Bitcoin has seen a 22% increase since the start of 2024. On February 15, its price hit $52,000 and the overall cryptocurrency market capitalization reached $2 trillion.
Daily Inflows into Bitcoin ETFs Reach Record Level
On February 13, the inflow of assets into spot Bitcoin exchange traded funds (ETFs) reached $631.2 million.
Court Allows Genesis to Liquidate $1.3B of GBTC Shares
The bankruptcy court has granted permission for Genesis Global Holdco to sell approximately $1.3 billion worth of shares from Grayscale Bitcoin Trust (GBTC).
Japan’s Watchdog Wants a Strict Control Over Crypto Transfers
The Financial Services Agency of Japan is urging financial institutions in the country to increase their vigilance in monitoring potential illegal transfers to crypto exchange providers.
Open Interest of Ether Options on CME Near Record Level
Open interest for ether options on the Chicago Mercantile Exchange (CME) in February has surpassed January’s figures and is on track to reach an all-time high.
Nigeria May Accelerate Development of Crypto Regulation
The proposed regulatory framework aims to promote transparency in the market and combat criminal activities involving cryptocurrencies.
