Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations.The volume of crypto VC funding in Q1 2024 surged for the first time since the start of the crypto winter in 2022.Other evidence suggests that the SEC will likely delay the approval of spot Ether ETFs, with Ether ETFs trading in Hong Kong from April 30.
GBTC, the biggest spot Bitcoin ETF, has “halved” since the trading launch in January, but rivals like BlackRock’s IBIT have added more than 10,000%.Bitcoin Depot says its revenues are independent of Bitcoin’s volatility as the firm maintains a “relatively low balance” of BTC.Hong Kong’s securities regulator reportedly approved the in-kind creation model for Bitcoin and Ether ETFs instead of the cash-create model in the United States.
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