Bitcoin ETF Ups and Downs; FTX Aims for Asset Recovery

BlackRock's ETF Removed, FTX's Asset Recovery Hope, and Singapore & London Tackle Crypto Crime

Welcome to the Coinfeeds Daily Digest, your home for the top crypto news stories of the day. In today's edition, we cover major stories including BlackRock's highly-anticipated ETF facing a bump, Singapore and London doubling down on crypto crime regulation and FTX might offering a glimmer of hope for creditors.

Market Update

News

BlackRock's iShares Bitcoin Trust Removed from DTCC List

Unexpected removal sparks speculation about the future of the ETF and causes a dip in Bitcoin's price, despite increased interest from institutional investors. | Read more

FTX Bankruptcy Case: Potential Deal Could Recover 90% of Remaining Assets

As the trial of FTX founder Sam Bankman-Fried nears conclusion, a proposed deal brings hope to creditors, potentially allowing them to recoup up to 90% of the remaining assets by July 2024. | Read more

Singapore and London Step Up Efforts to Regulate Cryptocurrency Crimes

Singapore High Court grants company authority to track crypto hacks, while London's Metropolitan Police forms a specialized unit to investigate cryptocurrency-related crimes. | Read more

Major Financial Institutions File for Bitcoin ETF Approval

BlackRock, Fidelity, and Grayscale await SEC's decision on their spot Bitcoin ETF applications, potentially marking a new era in cryptocurrency investment. | Read more

That's all for today's digest. For the latest and greatest, remember to keep an eye on Coinfeeds. Here's to another day of crypto adventures!