Bitcoin Spot Etf

Hopefully, SEC Commissioner Hester Peirce isn’t playing when she says she’ll reconsider in-kind redemptions for spot bitcoin ETFs.

Bitwise co-founder Hong Kim is a hardcore Bitcoiner who’s determined to uphold Bitcoin’s ideals as his company, which issued one of the 11 US spot bitcoin ETFs, brings bitcoin to the world of traditional finance.

U.S. spot Bitcoin ETFs saw $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since August 6th. The outflow ended an eight-day streak of positive inflows totaling $756 million into the Bitcoin products.

Spot Bitcoin ETFs in the U.S. saw $1.8 billion in inflows last week, extending their inflow streak to a record 18 consecutive days as funds mature.

Thailand approved its first spot in Bitcoin ETF, with One Asset Management joining the growing list of jurisdictions approving regulated Bitcoin funds.

Australia's first spot Bitcoin ETF, the Monochrome Bitcoin ETF (IBTC), is set to begin trading on CBOE tomorrow, marking a new milestone for Bitcoin adoption in Australia.

Now that the spot Bitcoin ETFs have been approved, are they instigating a fundamental change in the structure of Bitcoin markets?

The SEC has approved the spot Bitcoin ETFs, what happens now? What can we learn from the SEC’s failures here? Plus, a huge election this weekend in Taiwan threatens to shake up the global economy.