AUM of Spot Bitcoin ETFs Hit $230M in First Week of Trading in Hong Kong
After just one week, Hong Kong’s spot Bitcoin ETFs have collected $230 million in assets under management (AUM).
$44M in BTC Moved from Address Inactive for 10 Years
Yesterday in the morning, a Bitcoin wallet that had been inactive for over a decade made a transfer, moved its entire balance of 687.33 BTC, worth more than $44 million.
BTC-e Operator Pleads Guilty to Money Laundering
On Friday, the US Department of Justice announced that Alexander Vinnik, one of the operators of the former BTC-e crypto exchange, had pleaded guilty to conspiring to commit money laundering.
SEC Puts Off Decision on 7RCC’s Spot Bitcoin ETF
The Securities and Exchange Commission in the United States has extended its review timeline for NYSE Arca’s application to list a carbon-neutral spot Bitcoin exchange-traded fund (ETF) offered by 7RCC.
Coinbase Integrates Bitcoin Payments Through Lightning Network
Coinbase has followed the lead of other major exchanges and announced that it will now support the Lightning Network.
Daily Outflow from Spot Bitcoin ETFs Hits $564M
On May 1, the outflow from Bitcoin ETFs on the market reached its highest level since the products were approved, amounting to $563.8 million.
Spot Bitcoin ETFs Net Outflows Hit $344M
The new US ETFs experienced a net outflow of $343.5 million in April, breaking their streak of three months with inflows.
