The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs.
Last week's volume record coincided with strong ETF inflows, but Tuesday's action could indicate heavy profit-taking, with traders perhaps deciding to sell shares to lock in g...
The key driver behind the selling could potentially be crypto lender Genesis, which last month received bankruptcy court approval to sell 35 million GBTC shares.
Net inflows into U.S.-listed spot bitcoin ETFs accelerated this week, with BlackRock's IBIT pulling in $520 million in fresh funds on Tuesday, BitMEX Research data shows.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin (BTC) roared past the $60,000 level, hitting a two-yea...