[db] SPOT ETF TOTAL TRADING VOLUME HITS $1B

MICROSOFT OVERTAKES APPLE AS THE MOST VALUABLE FIRM BY MARKET VALUE

[db] SPOT BITCOIN ETFS TOTAL TRADING VOLUME HITS $2.3B

VALKYRIE LOWERS SPOT BITCOIN ETF FEE FROM 0.49% TO 0.25% WITH THREE MONTH WAIVER: THE BLOCK

Injective rolls out Volan upgrade: TheBlock

Lot of questions. No way to know how much of this is flows. We will potentially know this evening. Though I would bet a significant portion of it is indeed flows. Would also bet that a lot of the GBTC trading volume is outflows: James Seyffart

Spot Bitcoin ETFs First-day trading volume: Coindesk

Bitcoin Spot ETFs Volume data across sources

-db: $2.3b
-Coindesk: $3.6b
-TheBlock/BBG: $1.9b [$1b & $1.8b if incl $GBTC]

Reports: Vanguard not allowing customers to buy Spot BTC ETFs

"Apparently Vanguard has no intent to offer spot Bitcoin
ETFs": as per their 2023 update

LATEST: The 10 fresh spot bitcoin ETFs have seen $1.3b in trading volume so far (as a group they already topped $BITO's record). If we add in $GBTC we get to $2.3b. And if we add in $BITO (which is having record day too but isn't part of 'spot' race) we get $3.5b for the complex: Eric Balchunas [ETF Analyst for BBG]

[FED] Mester: March is Probably Too Early for a Rate Cut

^Now confirmed by TheBlock: VANGUARD SAYS IT HAS NO PLANS TO OFFER BITCOIN ETFS OR CRYPTO PRODUCTS

Reports: Citibank, Wells Fargo advisors & Raymond James also not allowing

Confirmed by Eleanor Terrett Merrill Lynch also not allowing and Merrill is waiting to see whether the ETFs trade efficiently before making any decisions.

UBS will let some customers trade bitcoin ETFs: Coindesk

James K. Filan: SEC has filed a Motion to Compel Ripple to produce:

(a) its financial statements for the years 2022-2023;

(b) its post-Complaint contracts governing “Institutional Sales.

SPOT BITCOIN ETFS HIT $3.5B IN TRADING VOLUME: THEBLOCK

Anticipate More Crypto Filings To Come: Franklin Templeton's Kaul: BBG

Grayscale to file for bitcoin covered call ETF- CEO

Bank of Korea Governor Lee Chang-yong said, “Bitcoin (BTC) appears to have established itself as an investment asset: bloomingbit

BitMEXResearch: Possible early flow numbers appear in for 11th Jan 2024.

$400m of net positive flow for the 7 products with data so far.

Fidelity in the lead w/ $227m
BlackRock with $122m [updated]
No data on GBTC yet

*Data is preliminary only.

BitMEXResearch: There are many anomalies in this early data. Please take it with a pinch of salt until better data comes out later in the day.

[It's pretty low not as expected]

BLACKROCK CEO FINK SAYS SEE VALUE IN HAVING AN ETHEREUM ETF - RTRS

FINK: "I'M A BELIEVER IN CRYPTOCURRENCY AS AN ASSET CLASS, NOT A CURRENCY"

Looks like India blocking binance IP