BTC above $150K is ‘speculative fever,’ SAB 121 canceled, and more: Hodlers Digest, Jan. 19 – 25
Any level above $150,000 for Bitcoin would be “speculative fever,” US SEC cancels SAB 121 rule, and more: Hodler’s Digest
Nasdaq has submitted a filing on behalf of asset manager BlackRock, seeking a rule change to permit in-kind creation and redemption for its spot Bitcoin exchange-traded fund (ETF).
Bloomberg ETF analyst James Seyffart said in a Jan. 24 X post that BlackRock should have been allowed to do this from the get-go when the BlackRock iShares Bitcoin Trust launched alongside the other ten US spot Bitcoin ETFs in January 2024.
On the same day as the filing, six more crypto ETF applications were filed in the US.
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Author: Editorial Staff
