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[Weekly Crypto] 2023.10.23

1️⃣ Bitcoin Jumps Over $30K as ETF Hope Drives Bulls

Bitcoin forks led alternative token gains in the past 24 hours, outpacing major tokens.

2️⃣ SEC Likely to Approve Spot Bitcoin ETF in Next Few Months: JPMorgan

Approval is likely before Jan. 10, which is the final deadline for the Ark 21Shares applications, the report said.

3️⃣ BTC price nears 2023 highs — 5 things to know in Bitcoin this week

Bitcoin is back near its year-to-date highs, but BTC price moves belie an underlying lack of support, analysis fears.

4️⃣ US SEC drops claims against two Ripple Labs executives

The agency said in court papers it is dropping claims that Ripple Chief Executive Brad Garlinghouse and co-founder Chris Larsen aided and abetted sales of the cryptocurrency XRP which a judge has found amounted to unregistered sales of securities.

5️⃣ Grayscale ETF Case's Final Word Coming in Federal Court as SEC Loss Formalized

The court that ordered the SEC to scrap its rejection of Grayscale's spot bitcoin ETF application will set that ruling in stone by Monday.

6️⃣ Grayscale files for new spot Bitcoin ETF on NYSE Arca

Grayscale Investments filed a new registration statement with the U.S. Securities and Exchange Commission after the Court of Appeals for the District of Columbia Circuit ruled the regulator must look again at the company’s application.

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