Gary Gensler, chairman of the United States Securities and Exchange Commission, acknowledged on Jan. 12 that Grayscale’s court victory was crucial in approving spot Bitcoin BTC tickers down $43,695 exchange-traded funds (ETFs).
Initial data shows Bitwise’s bitcoin ETF (BITB) saw the biggest inflow of cash among the 11 newly issued products that began trading Thursday, followed by Fidelity’s fund (FBTC), according to a BitMex Research X post citing Bloomberg data.
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