Odaily星球日报讯 Galaxy Digital CEO Mike Novogratz 表示，随着美国国债上升和比特币减半，比特币 ETF 批准可能加速加密货币采用。尽管比特币价格回落，但 Novogratz 认为监管批准开启了美国 80 万亿美元的巨额财富通道。加密货币 ETF 已吸引 110 亿美元资金流入，其中 Galaxy 与 Invesco 合作的 ETF 在周一管理的资产达 3.83 亿美元。SEC 将在 5 月裁决以太坊 ETF，而 Galaxy Digital 仍在等待 SEC 的上市批准。Novogratz 表示，未来一年行业规模将大幅增长。

Galaxy Digital CEO：比特币ETF批准或加速加密货币采用

Odaily Odaily Galaxy Digital CEO Mike Novogratz said that as the US national debt rises and Bitcoin halving, the approval of Bitcoin ETF may accelerate the adoption of cryptocurrency. Despite the pullback in Bitcoin prices, Novogratz believes regulatory approval opens the door to a massive $80 trillion wealth in the United States. Cryptocurrency ETFs have attracted $11 billion in inflows, with the Galaxy-Invesco ETF managing $383 million on Monday. The SEC will rule on the Ethereum ETF in May, and Galaxy Digital is still awaiting SEC approval for listing. Novogratz said the industry will grow significantly in the coming year.

Galaxy Digital CEO: Bitcoin ETF approval could accelerate cryptocurrency adoption

This week, we covered reports in our newsletter that the U.S. Securities and Exchange Commission (SEC) is investigating the Ethereum Foundation, Blackrock building a tokenized product, and one of the world’s largest pension funds considering an allocation to Bitcoin.
SEC investigating Ethereum Foundation?
The U.S. Securities and Exchange Commission has reportedly issued subpoenas to cryptocurrency companies over their ties to the Ethereum Foundation. In what appears to be a separate legal services incident, the Ethereum Foundation removed the "warrant canary" from its GitHub on February 26, revealing that it "received...

Galaxy Digital: Weekly Crypto Review

Odaily Odaily Coinbase said in a research report last Friday that the cryptocurrency market has recently paid more attention to the capital flow of spot Bitcoin ETFs rather than its fundamentals. The report pointed out that after two months of net fund inflows, the spot Bitcoin ETF recorded a net outflow of funds for the first time. From March 18 to March 21, the net outflow reached $836 million. As capital outflows accelerated, the price of Bitcoin once fell below US$63,000 and was recently trading around US$66,800. It is unclear what caused the surge in outflows from Grayscale GBTC, which saw total outflows from the fund reach $1.83 billion over four days. Analysts believe that possible sales pressure stems from the liquidation of bankruptcy assets by Genesis Global, involving approximately 35.9 million GBTC. While it is not currently clear that the net outflows of GBTC are directly related to these sales, it can be inferred that the size and scope of the changes in GBTC shares are consistent with recent developments in Genesis' payment obligations. The report emphasizes that given that most creditor payments will be made in cryptocurrencies rather than cash, its impact on Bitcoin market performance should ultimately be neutral. (CoinDesk)

Coinbase Report: Crypto Market Still Focuses on Spot Bitcoin ETF Flows Rather than Fundamentals

Bitcoin faced a more obvious correction last week, falling from the original $69,000 to $63,000. Although it once rose back to $68,000, it subsequently fell back to $63,000 due to the sell-off of GBTC funds, which became the main reason for the recent decline in the cryptocurrency market. Bitcoin The currency spot ETF is very influential at this stage, and the rise and fall almost follow the inflow and outflow of ETF funds. Learn more about Weibo Tuantuan Finance here. Although the U.S. Federal Reserve's interest rate decision last week did not have a big impact on the cryptocurrency market, we still briefly talk about the U.S. Federal Reserve...