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Spot Ethereum ETFs seen with over $1B in trading volume on debut

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Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows.

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Coin Market

Wolf Capital co-founder pleads guilty to $9.4M Ponzi, promised 547% returns

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According to the US Department of Justice, Wolf Capital’s co-founder has pleaded guilty to wire fraud conspiracy for luring 2,800 crypto investors into a Ponzi scheme.

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Coin Market

US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

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The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.

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Coin Market

Bitcoin corporate treasury shareholder proposal submitted to Meta

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“Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available,” the proposal read.

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