December 24th, 2025
Coinbase announced that it had registered 10x higher traffic than previously anticipated thus making some customers see zero balances but the issue had since been resolved.
The massive Bitcoin price rally in 2024 is majorly due to the continuous inflows into the Bitcoin ETFs launched in January.
A report by JPMorgan forecasts a potential correction in BTC price to as low as $42,000 following the April halving when miner rewards will be halved for the fourth time in Bitcoin’s history.
IBIT saw over $500M in inflows between February 27 and 29.
With Buckley stepping down, it remains to be seen if his successor will continue in his footsteps or open the doors for innovation.
Hougan noted that major wirehouses will soon drive the Bitcoin demand to the roof as the supply gets reduced during the halving event.
A representative from Wells Fargo has verified that spot Bitcoin ETFs have been accessible for unsolicited purchases post-SEC approval.
The success of the BlackRock iShares Bitcoin Trust IBIT in the United States serves as a testament to the growing appetite for crypto investment products.
The billionaire CEO described the current market level as “frothy”, noting that BTC is experiencing a price discovery phase with the arrival of the ETFs, bringing in “a new army” to test the market.
Grayscale CEO Sonnenshein ask the SEC to approve options for GBTC, adding that the Commission has already approved same for futures ETFs.
Bloomberg ETF analyst Eric Balchunas noted that the overall record-breaking trading volumes weren’t restricted to spot ETFs alone.
Morgan Stanley is well known for its leadership in alternative investments and the private market sector, with assets under management exceeding $150 billion.
Ether.fi has now raised a total of $27 million in a previously unannounced funding round closed late last year and a series A led by Bullish Capital and CoinFund.
The enthusiasm for Bitcoin-related ETFs was further underscored by data indicating that US-listed spot Bitcoin ETFs collectively traded over $2 billion.
Since the launch of ETFs, Bitcoin (BTC) has broken above all the significant levels and might be targeting a new all-time high.