Crypto weekly: Statement on the Approval of Spot Bitcoin Exchange-Traded Products; Spot bitcoin ETFs hit $4 billion in trading volume on first day so far.

Welcome to our cryptocurrency events review. The last few days were full of interesting news from the world of digital assets. 

Review of the past week:

January 10, 2024

Statement on the Approval of Spot Bitcoin Exchange-Traded Products.
The Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares.
Read more

January 11, 2024

Circle Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering.
The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions. Read more

January 11, 2024 Ark Invest offloads $4.4 million in Coinbase shares, $4.3 million in Robinhood.
Cathie Wood’s firm sold Coinbase and Robinhood shares with both stocks closing down on Thursday. Read more
January 11, 2024 Spot bitcoin ETFs hit $4 billion in trading volume on first day so far.
In the first day of trading since spot bitcoin ETFs were approved, trading volume for the 11 instruments so far has totaled more than $4 billion.
Read more
January 11, 2024 Solana-based MEV bot earns $1.8 million after back-running memecoin trader in seconds.
A MEV arbitrage bot operator earned $1.8 million using a back-running strategy targeting dogwifhat (WIF) trades. Read more


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Best regards,
FYBIT team

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