BlackRock’s IBIT and Fidelity’s FBTC passed $10 billion AUM in about 49 and 77 trading days respectively.
Volumes across exchanges like Binance, Coinbase and OKX dropped in April, the first time since late last year.
The SEC’s arguments don’t hold weight, crypto exchange Kraken’s lawyers argued in the latest court filing.
The dollar has reacted negatively to an up-tick in U.S. jobless claims, benefiting bitcoin alongside equity markets, an analyst said.
Han expected the products to have a slow start but that with greater appeal across the Asia region, the Hong Kong ETFs had the potential to grow to double the size of the U.S. products.
It seems the anticipation for the airdrop was enough to get people back on FriendTech, as transactions have picked up again over the past month.