News Block: Billions in Spot Bitcoin ETF Trading Volume, Why Bitcoin's Price Fell, BlackRock & Fidelity Lead Race, Vanguard Restricts Clients from Bitcoin

Jan 16, 2024

In this week's episode of the Coin Stories News Block powered by Bitdeer, we cover the major headlines related to Bitcoin and global finance:

• Spot Bitcoin ETFs see billions of dollars in trading volume in first week
• BlackRock, Fidelity take the lead in the ETF race for liquidity
• SEC's X account hacked due to no two-factor authentication?
• Larry Fink calls Bitcoin an instrument to store wealth
• Vanguard restricts clients from accessing Bitcoin ETFs
• If spot Bitcoin ETFs are trading, why is the Bitcoin price falling?

References mentioned in the episode: 

• SEC’s Approval Document of Spot Bitcoin ETFs
• $4.6 Billion in Trading Volume on Day One for ETFs
• Bloomberg Analyst Impressed With ETFs First Day 
• Updated Table of ETF Inflows After Two Trading Days
  
• Gary Gensler Tweets That SEC’s X Account was Hacked
• US Senators Call for Investigation into SEC X Hack 
• FBI Investigating Fake SEC Bitcoin Social Media Post
• Vanguard Issues Statement on Restricting Access to Bitcoin 
  
• Fidelity Advertises Bitcoin ETF on Its Homepage
• Coin Stories Interview with SEC Commissioner Peirce

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The News Block is powered exclusively by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at www.bitdeer.com.

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This podcast is for educational purposes and should not be construed as official investment advice.

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