The SEC approved spot bitcoin ETFs, sparking a lukewarm market response despite ethereumβs rising prominence. Meanwhile, intrigue swirled around a mysterious $1.19 million bitcoin transfer to the genesis address linked to Bitcoinβs creator, Satoshi Nakamoto. The launch day of U.S. spot bitcoin ETFs saw a staggering $4.6 billion in trading volume, with Blackrockβs debut ETF alone accounting for $1 billion. Amidst these market shifts, renowned financial expert Robert Kiyosaki bolstered his bitcoin holdings.
Mass Approvals: SEC Green-Lights 11 Spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. In a historic move after years of anticipation and regulatory hurdles, the approved spot bitcoin ETFs are expected to start trading Thursday on NYSE Arca, Nasdaq, and Cboe BZX Exchange.
Ethereum Steals the Spotlight β SECβs Approval of 11 Bitcoin ETFs Meets Tepid Market Reaction
In the 24 hours following the historic announcement of spot bitcoin ETF approvals, the price of bitcoin witnessed stale action. In striking contrast, ethereum rallied, marking a 9.1% rise on Wednesday, overshadowing bitcoinβs underperformance.
Mystery Transfer β Unidentified Wallet Sends $1.19 Million in Bitcoin to Satoshi Nakamotoβs Genesis Address
Two days after Bitcoinβs 15th anniversary, an unidentified wallet transferred roughly 26.917 bitcoin, valued at $1.19 million, into Satoshi Nakamotoβs Genesis wallet. Originating on Jan. 3, 2009, this wallet has primarily accumulated nominal dust transactions.
US Spot Bitcoin ETFs Rack up $4.6 Billion in Trading Volume on Day 1 β Blackrock Debuts With $1 Billion
U.S. spot bitcoin exchange-traded funds (ETFs) racked up $4.6 billion in total trading volume on their first day of trading. Blackrock, the worldβs largest asset manager, debuted with more than $1 billion in trading volume for its Ishares Bitcoin Trust. Grayscaleβs spot bitcoin ETF, which converted from the Grayscale Bitcoin Trust, registered a total trading volume of $2.3 billion. This is βeasily the biggest Day One splash in ETF history,β said an ETF analyst.
Robert Kiyosaki Increases BTC Holdings After SEC Approval of Spot Bitcoin ETFs
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin ETFs by the SEC.
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