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BREAKING: SEC has officially approved all Spot Bitcoin ETFs - list:

• Franklin
• Valkyrie
• Hashdex
• Ark Invest
• Grayscale
• BlackRock
• WisdomTree
• Invesco Galaxy
• VanEck
• Bitwise
• Fidelity

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Bitwise To Donate 10% of Profits of the Bitwise Bitcoin ETF (BITB) to Bitcoin Open-Source Development.

Bitwise Asset Management announced today that the company will donate 10% of profits of the Bitwise Bitcoin ETF (ticker: BITB) to three non-profit organizations that fund Bitcoin open-source development: Brink, OpenSats, and the Human Rights Foundation’s Bitcoin Development Fund.

“Bitcoin was launched 15 years ago without a fundraise and has always been maintained by a dedicated community of open source developers,” said Bitwise CEO Hunter Horsley. “We’re excited for the Bitwise Bitcoin ETF to provide a source of recurring funding for those unsung heroes who work tirelessly to improve the Bitcoin network’s security, scalability, and usability every day.”

https://bitwiseinvestments.com/newsroom/bitwise-to-donate-10-percent-of-profits-of-bitb

⚡️Blinken threatens Iran: you must stop supporting the Houthis

🚢 🇺🇸 🌍 We got too accustomed to peaceful seas

Say goodbye to the global ‘conveyor belt’

🔶️ Such intensively globalized supply chains are a somewhat recent invention. There once was a time where you could not buy tangerines in Minneapolis in January or receive South Korean face wash through free, next-day shipping. Little, if anything, that we use or eat everyday did not spend some amount of time in a shipping container. “In 1956, the world was full of small manufacturers selling locally; by the end of the twentieth century, purely local markets for goods of any sort were few and far between,” wrote economist Marc Levinson in his seminal book “The Box.”

🔶️ It’s somewhat ahistorical that the world’s oceans have been relatively painless to navigate in the second half of the 20th century, permitting trade to flow around the world. That was not the case for much of human history. “Pirates, predatory states, and the fleets of great powers did as they pleased,” wrote Jerry Hendrix, senior fellow at the Sagamore Institute, in The Atlantic last year. “The current reality, which dates only to the end of World War II, makes possible the commercial shipping that handles more than 80% of all global trade by volume — oil and natural gas, grain and raw ores, manufactured goods of every kind.”

🔶️ Such peace can no longer be assumed. It’s unclear whether ongoing diversions from the Suez Canal will become the norm going forward, but it’s clear that things are shifting — and it’s not in the favor of frictionless trade or a U.S. hegemony.

🔶️ “It was almost like you had a conveyor belt from the shoe factory in Bangladesh to the shop in Chicago,” said Simon Sundboell, founder and CEO of Copenhagen-based maritime intelligence company eeSea. “That’s just not happening anymore. You’re in a world that’s going increasingly from American-controlled unipolar to multipolar globally. You’re going to have a much more fraught supply chain, and every BCO [beneficial cargo owner], importer, exporter, and logistics provider is going to have to deal with that going forward. The Houthis are just one step in that.”

https://freightwaves.com/news/we-got-too-accustomed-to-peaceful-seas