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[Weekly Crypto] 2024.01.29



1️⃣ Why US Inflation Can Still Move Bitcoin’s (BTC) Price

The US Personal Consumption Expenditure Index rose by 2.9% annually and 0.2% monthly in December, indicating a cooling off in most sectors.



2️⃣ BlackRock’s Bitcoin ETF First to Reach $2B in AUM

The fund now holds nearly 50,000 bitcoin after adding almost another 4,300 tokens on Thursday.



3️⃣ SEC Punts on Yet Another Spot Ethereum ETF

The U.S. Securities and Exchange Commission has pushed back a decision on Grayscale's spot Ethereum ETF conversion proposal.



4️⃣ Asian asset managers agree on Hong Kong spot Bitcoin ETF

Spot Bitcoin ETF fever spread outside the U.S., with Hong Kong regulators open to the product and local firms racing to become the first movers on the scene.



5️⃣ Bitcoin ETF ads may appear on Google starting Monday, community speculates

The crypto community is pondering the potential impact on spot Bitcoin ETFs, given Google’s handling of 100,000 searches per second.




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