Traders are looking toward Friday's U.S. PCE announcement, which Japanese crypto exchange bitBank warned could spell further losses. 'If the inflation data comes in hotter than expected, bitcoin could give up about a half of its gain in the past two weeks and decline to around $65,000,' bitBank said.
The listing of a spot ether ETF by the end of June is 'a legit possibility,' with BlackRock's involvement highlighted. 'The net asset value of the Trust was $10,000,000.' Subject to regulatory approval, assets held in the ETF can be redeemed for cash or even ether.
The New York Stock Exchange may consider offering crypto trading if regulatory clarity improves. Lynn Martin mentioned at Consensus 2024, 'The fact that you've seen $58 billion or so come to the ETFs has been a strong sign.'
[
add
]
[
|
|
...
]