Coingape Staff
Crypto News LIVE Updates: Spot Bitcoin exchange-traded funds saw over $4.5 billion in trading volume on the first day, with BlackRock’s iShares Bitcoin Trust (IBIT) emerging as the biggest winner, attracting 20% of the total volume. Bitcoin and other cryptocurrencies slipped over the last 24 hours, sending the global crypto market cap tumbling 0.4% to $1.76 trillion.
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10:44:44 AM IST, 12 January 2024
Crypto News LIVE: Grayscale Unveils Plans To Launch Bitcoin Covered Call ETF
After receiving approval for converting its Grayscale Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF, Grayscale Investments has filed documents for a Bitcoin Covered Call ETF with the US Securities and Exchange Commission (SEC).
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10:04:03 AM IST, 12 January 2024
Crypto News LIVE: XRP Price Dips 1.2% Amid High-Volume Whale Transfers
Whale movements around XRP caused an upset as prices slipped over 1% to $0.59. The price dip came after whales deposited a substantial 48 million XRP tokens, valued at over $29 million, to Bitstamp and Bitso.
🚨 23,600,000 #XRP (14,240,904 USD) transferred from unknown wallet to #Bitstamp
— Whale Alert (@whale_alert) January 11, 2024
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09:36:40 AM IST, 12 January 2024
Crypto News LIVE: Customers Outraged After Vanguard Barricades Spot Bitcoin ETF Trading
Asset manager Vanguard is facing massive backlash from customers after the company announced it would not allow the purchase of spot Bitcoin exchange-traded funds on its platform, with many threatening to close their accounts.
🚨NEW: @Vanguard_Group, the world’s second largest asset manager behind @BlackRock, is reportedly blocking its customers from buying into the new $BTC Spot ETFs, saying the products “don’t fit with Vanguard’s investment philosophy.”
Now we’ll start to see how institutional…
— Eleanor Terrett (@EleanorTerrett) January 11, 2024
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09:24:14 AM IST, 12 January 2024
Crypto News LIVE: Spot Bitcoin ETF Trading Volume Cracks $4.5 Billion On First Day
Trading volumes on exchange-traded funds tracking Bitcoin surged past $4.5 billion day on the first day of trading. Grayscale’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT) emerged as the biggest winner, accounting for over 20% of the total volume.
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