EddieJayonCrypto

 16 Dec 24

tl;dr

• BlackRock Sees Surging Demand for Bitcoin and Ethereum ETFs: BlackRock highlights increasing client interest in Bitcoin and Ethereum ETFs, with iShares Bitcoin Trust holding $54.38 billion in net assets and Ethereum Trust at $3.84 billion.• MicroStrategy to Join Nasdaq-100 Hinting Bitcoin Expansio...

• BlackRock Sees Surging Demand for Bitcoin and Ethereum ETFs: BlackRock highlights increasing client interest in Bitcoin and Ethereum ETFs, with iShares Bitcoin Trust holding $54.38 billion in net assets and Ethereum Trust at $3.84 billion.
• MicroStrategy to Join Nasdaq-100 Hinting Bitcoin Expansion
• Ethereum Exchange Outflows Indicate Bullish Sentiment
• Whale Activity in ADA and DOGE Reflects Market Optimism: Cardano and Dogecoin see $150 million in whale purchases over two days.
• Czech Republic Embraces Progressive Crypto Policies: exempting long-term crypto holdings from capital gains tax and expands banking services for VASPs, while Argentina approves new investment products, including crypto ETFs.
• Key US Economic Events Could Impact Crypto Markets
• Financial Accounting Standards Board (FASB) Introduces Fair Value Rule for Cryptocurrencies: New accounting rules mandate that companies report crypto holdings at fair value, reflecting gains and losses in financial statements, marking progress for institutional crypto adoption.

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