DeFI News by Thebittimes.Com

In a surprising move that could reshape the digital asset ETF landscape, Truth Social , the social media platform founded by U.S. President Donald Trump, has officially filed to launch a dual Bitcoin and Ethereum ETF. The Truth Social Bitcoin and Ethereum ETF, B.T., was registered with the U.S. Securities and Exchange Commission (SEC) on June 16, 2025, under filing number 333-*, according to the Form S-1 registration statement. The fund is sponsored by Yorkville America Digital, LLC, based in Mountainside, New Jersey. Truth Social Bitcoin and Ethereum ETF. Source: SEC This marks the first time Truth Social or any Trump-affiliated venture has directly entered the ETF race. The filing proposes a trust format that would hold both  Bitcoin (BTC) and  Ethereum (ETH), a dual exposure product that breaks from the usual single-asset structure dominant in the U.S. spot ETF market. ETF registration Notably, the registration places the ETF under the Securities Act of 1933...

BlackRock’s Bitcoin ETF hit a record $50 billion in just 228 days. This fast growth shows how Bitcoin investment is changing, with less crypto market volatility. Bitcoin’s price rose above $100,000 as more banks and firms started investing. These changes mark a turning point for cryptocurrency security in traditional finance. $IBIT is now over $50b. It took it 228 days to reach this milestone, the next fastest ETF to reach 50b was $IEFA in 1,329 days. So over 5x faster than any ETF ever launched. Ridiculous. h/t @JackiWang17 for the data https://t.co/K9vRfAir8U — Eric Balchunas (@EricBalchunas) December 5, 2024 Also Read: Michael Saylor’s Bitcoin Masterclass: The Mainstream Era Is Here How BlackRock’s Bitcoin ETF Impacts Crypto Investments & Market Trends Record-Breaking Growth and Market Impact Source: Farside BlackRock’s iShares Bitcoin Trust (IBIT) grew five times faster than any other ETF before it. The previous record was 1,329 days, set by BlackRock...

A SIM swap attack on the U.S. SEC’s Twitter account led to a false tweet about Bitcoin ETF approval , briefly disrupting the cryptocurrency market. On Jan. 10, the U.S. Securities and Exchange Commission (SEC) experienced a cybersecurity breach, resulting in a misleading tweet about spot Bitcoin ETFs from its official account. This incident, caused by a SIM swap attack, briefly stirred confusion in the cryptocurrency markets. The SEC explained the situation in a statement: “The unauthorized party obtained control of the SEC cell phone number associated with the @SECGov account in an apparent ‘SIM swap’ attack .” This allowed the attack er to reset the Twitter account’s password and post the false announcement . The SEC also admitted that multi-factor authentication, a crucial security feature, was disabled for its Twitter account since July 2023. This decision contrasts with the general cybersecurity recommendations previously endorsed by SEC C...

Analysts from CryptoQuant revealed two scenario s that could unfold before the approval of spot Bitcoin (BTC) ETFs. CryptoQuant experts analyzed the support and resistance levels of the first cryptocurrency based on the average price of BTC holders and presented two scenario s: bullish and bearish. 2 Scenarios Before Bitcoin Spot ETF Approval and How to Respond Quicktake Post by @MAC_D46035 This post explains how to analyze the Bitcoin price support and resistance using on-chain data of the average unit price of #Bitcoin holders. Thread — CryptoQuant.com (@cryptoquant_com) January 9, 2024 According to the first bullish scenario , before the U.S. Securities and Exchange Commission (SEC) makes a final decision, the price of BTC could reach a local peak of $48,500. In this case, the share of short-term holders (from one day to a week) will exceed 8%, which indicates a market overheating. In addition, this indicator increases the likelihood of a correction. This level may become...

SEC Chairman Gary Gensler’s recent crypto warning s coincide with major asset managers filing for Bitcoin ETF approval, signaling regulatory scrutiny. SEC Chairman Gary Gensler recently delivered a series of warnings through a Twitter thread, urging potential investors in crypto assets to be mindful of the risks and regulatory landscape. In his thread, Gensler stated, “Those offering crypto asset investments/services may not be complying w/ applicable law, including federal securities laws.” He emphasized that investors in crypto asset securities might be deprived of key information and essential protections. A thread Some things to keep in mind if you're considering investing in crypto assets: — Gary Gensler (@GaryGensler) January 8, 2024 While Gensler’s thread did not explicitly address the pending Bitcoin ETF proposals, its timing raised eyebrows in the crypto community. This came just hours after major asset managers, including BlackRock,...

Against the falling Bitcoin (BTC) exchange rate, the daily liquidation volume on the crypto market approached $700 million. Traders liquidated $698 million worth of positions in the last 24 hours, according to Coinglass data. Source: Coinglass The majority came from BTC, $11.1 million, with the vast majority coming from short positions. Ethereum (ETH) became the second most popular asset for liquidation, with traders liquidating $5.57 million worth of positions, most of which came from long. Source: Coinglass Positions were mainly liquidated on crypto exchanges Binance, OKX, and Bybit. The most significant liquidation order was the BTC-USDT position on the Huobi cryptocurrency exchange for $14.26 million. On Jan. 3, 2024, the rate of the first cryptocurrency showed a sudden drop, immediately falling to the level of $41,500. At the time of publication, BTC is trying to gain a foothold above $42,800. The collapse of the bitcoin rate also hurt the alt-coin sector. Over the ...

The Wall Street financial giant Goldman Sachs says the market is about to see a ‘significant uptick’ in the quantum trading on-chain within the next two years. Goldman Sachs is anticipating a significant uptick in trading volumes of blockchain -based assets within the next few years as demand for distributed ledgers keeps surging. In a recent interview with Reuters, Goldman Sachs’ global head of digital assets, Mathew McDermott, said the New York-headquarter bank sees a “huge appetite” for digital assets, adding that the trend has “grown significantly” since the beginning of 2023. “Probably within the next one to two years you’ll see a big significant uptick in the quantum trading on-chain, probably three to five years to really see these marketplaces at scale.” Mathew McDermott You might also like: Bloomberg analysts estimate spot Bitcoin ETF market to hit $100b However, McDermott adds that there is still a long ...

Google has update d its advertising policy regarding crypto currencies and related products. According to the company statement, as of Jan. 29, 2024, Google will allow advertising of digital asset-related investment products, including exchange-traded funds (ETFs). “In January 2024, Google will update the Cryptocurrencies and related products  policy to clarify the scope and requirements for the advertisement of Cryptocurrency Coin Trusts.” Google update In September, Google also allowed advertising for blockchain-based games using non-fungible tokens (NFTs). The company classified as permitted games that allow players to purchase in-game items, particularly virtual clothing for characters or weapons. At the same time, advertising of games in which players place bets, including NFTs, in exchange for the opportunity to win something that has real value, such as other tokens, remains prohibited. You might also like: Google Cloud partners with decentralized oracl...

James Seyffart, an analyst at Bloomberg Intelligence, reports that the American asset manager, VanEck, has submitted their fifth S-1 Amendment for their spot Bitcoin ETF.  The updated filing reveals their ticker $HODL. Seyffart also described a few highlights in the amendment , including the create or redeem language within the S-1 filings encompasses both in-kind and cash, which he suggests may be a trend in retaining this optionality.  Update: @vaneck_us has submitted an S-1 Amendment for their spot #Bitcoin ETF. They’ve been trying to launch this thing for so many years that it’s amendment number 5 for them. pic.twitter.com/hBugrf8NVK — James Seyffart (@JSeyff) December 8, 2023 However, at the same time, Seyffart noted that 19b-4 approvals might initially limit creations to cash, pending potential updates for confirmation. For this reason, there is still ongoing anticipation for further clarity. At the end of October, VanEck submitted an amended application for a spot...

In a stark contrast of trading volumes, the debut of Ethereum futures ETFs on CME witnessed a modest start, with trading activity in the first 15 minutes hovering below $2 million. This pales in comparison to their Bitcoin-based counterparts, which boasted volumes a hundred times greater. Bloomberg analyst Eric Balchunas suggests that these numbers are common for new ETFs but relatively low for Ethereum (ETH), given its market size. According to Balchunas, the top performer was Valkyrie’s ETF, based on a combination of the first and second-largest cryptocurrencies by market capitalization, with a trading volume of $787,000. VanEck’s Ethereum futures-only ETF had a modest volume of just over $300,000. Pretty meh volume for the Ether Futures ETFs as a group, a little under $2m, about normal for a new ETF but vs $BITO (which did $200m in first 15min) it is low. Tight race bt VanEck and ProShares in the single eth lane. pic.twitter.com/F9AHtrVcVf — Eric Balchunas (...

James Butterfill expects Bitcoin to rally if the U.S. government shuts down. BTC has a history of performing quite well in times of uncertainty. The world’s largest cryptocurrency is already up close to 4.0% today. Bitcoin will likely rally if the U.S. government does indeed shut down on October 1 st , says James Butterfill – the Head of Research at CoinShares. Why may BTC rally on shutdown? The world’s largest cryptocurrency by market cap is already up close to 4.0% on Thursday as the U.S. government started sending out notifications to federal employees that a shutdown may be imminent. And that rally may extend when the shutdown actually begins, as per CoinShares’ Butterfill.  Because the investors could read the funding lapse as a sign of instability and turn to Bitcoin for refuge. This scenario bears resemblance to the debt ceiling stalemate experienced earlier this year, which ended up bolstering Bitcoin prices. Bitcoi...