Coinbase's New Blockchain Sees Muted Inflows on Launch Day; Is a Spot Bitcoin ETF Coming?

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Coinbase's New Blockchain Sees Muted Inflows on Launch Day; Is a Spot Bitcoin ETF Coming?
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🗞️Coinbase's new blockchain sees muted inflows on launch day 🗞️ Is a spot bitcoin ETF coming? “CoinDesk Daily” host Jennifer Sanasie dives into the hottest stories in crypto today.

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as the Securities and Exchange Commission seeks to appeal a judge's ruling on Ripple's programmatic sales of XRP.

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BlackRock insiders suggest Bitcoin ETF could be approved in 6 monthsBlackRock insiders suggest Bitcoin ETF could be approved in 6 monthsGalaxy Digital CEO Mike Novogratz predicts that a spot Bitcoin ETF could be approved within four to six months. The approval timeline is uncertain as it is currently with the Securities and Exchange Commission. However, once approved, BlackRock and Invesco are expected to fiercely compete for market share.
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NGO calls on SEC to reject spot bitcoin ETF applicationsNonprofit organization Better Markets has filed letters urging the SEC to reject spot bitcoin exchange-traded fund applications due to concerns about potential investor harm. The crypto industry has experienced significant losses, enforcement actions, bankruptcies, lawsuits, and criminal prosecutions.
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Crypto Market Leaders and Laggards: The Biggest Movers of the WeekCrypto Market Leaders and Laggards: The Biggest Movers of the WeekStellar, XRP and Shiba Inu were notable winners from the last week, while Curve Finance and Augur struggled. The market is down overall, according to CoinDesk Market Index, but only marginally compared to recent growth. CoinDesk Market Index of 183 assets – a broad-based indicator of crypto market sentiment – is down 1.4% for the last week. But that is just a blip in its 60.1% growth year to date. Let’s take a look at the bigger picture of the top-10 and bottom-10 assets based on their performance month on month.
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