Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle

May 9, 2024 Bitcoin.com

Bitcoin

Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some of the cryptocurrencies offered on its platform are securities. Crypto Drives Robinhood’s Profitable Q1 Retail trading platform Robinhood Markets […]

Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Majority of Swing State Voters Feel Financial System ‘Favors Elites Over Regular People’: DCG Survey

May 9, 2024 The Daily Hodl

Daily Hodl

Most voters in US swing states think that the financial system is not fair, according to a new survey commissioned by venture capital firm Digital Currency Group (DCG). The Harris Poll surveyed 1,201 registered voters in Michigan, Ohio, Montana, Pennsylvania, Nevada and Arizona to explore the attitude of the electorate towards crypto and the current […]

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Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval

May 8, 2024 Bitcoin.com

bitcoin.com

Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to do so. Grayscale’s Strategic Ethereum Trust Retraction Filing Raises Questions Per a filing with […]

Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains

May 8, 2024 Bitcoin.com

Ark Invest

Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive reports from the other spot bitcoin funds. Fidelity, Ark Invest, Invesco Report Gains While GBTC Struggles […]

Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows

May 7, 2024 Bitcoin.com

Ark Invest

According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based bitcoin ETFs accumulated $217 million in positive inflows, with Grayscale’s Bitcoin Trust (GBTC) also marking its second consecutive day of inflows. US Spot Bitcoin ETFs […]

Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Blackrock’s BUIDL Fund Overtakes Franklin Templeton to Become Largest RWA Tokenized Offering

May 5, 2024 Bitcoin.com

BENJI

Based on the most recent figures, Blackrock’s USD Institutional Digital Liquidity Fund, also known as BUIDL, has expanded to $381.76 million, overtaking Franklin Templeton’s onchain investment vehicle, BENJI, as the largest real-world asset (RWA) tokenized offering. Blackrock’s Digital Fund Surpasses BENJI as Leader in Tokenized Treasury Offerings Blackrock’s BUIDL has now eclipsed all other tokenized […]

Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Grayscale’s Bitcoin Trust Halts 78-Day Outflow Streak With $63M Inflow

May 4, 2024 Bitcoin.com

Bitcoin

Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin Trust (GBTC) appears to have halted the depletion of bitcoin following its […]

Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize

May 3, 2024 Bitcoin.com

Blackrock Reinforces Tokenization Drive Leading Million Funding Round in Digitization Company Securitize

bitcoin.com

Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize, a capital markets digitalization company. The round, which had the participation of other financial markets and crypto native companies, shows Blackrock is betting on the transformative capabilities of tokenization for global capital markets. Blackrock Leads […]

Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow

May 2, 2024 Bitcoin.com

Bitcoin (BTC)

On May 1, 2024, U.S. spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan. 11, 2024. ETF Institute Co-Founder: ‘Inflows Don’t Go up in a Straight Line’ Data sourced from coinglass.com reveals that these funds saw a withdrawal of $563.7 million on Wednesday, with Fidelity’s FBTC experiencing the highest outflow, […]

Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million

May 1, 2024 Bitcoin.com

US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling 5 Million

Bitcoin (BTC)

On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves to 296,713.90 BTC. Bitcoin ETFs Continue to See Persistent Outflows Since April 24, 2024, U.S. […]

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