The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million. United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity…
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Key Points: The SEC meets with spot Bitcoin ETF candidates, encouraging alterations to recovery models. Disagreement regarding recovery models unfurls as BlackRock advocates “in-kind” and SEC pushes for “cash makes.” With a SEC choice expected by January 10, the result could reshape the digital money scene. The U.S. Protections and Trade Commission (SEC) has supposedly…
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