• Crypto Sum
  • Posts
  • Fidelity Follows BlackRock's Footsteps: Bitcoin Exchange-Traded Funds Filings

Fidelity Follows BlackRock's Footsteps: Bitcoin Exchange-Traded Funds Filings

All the defi, crypto, web3 news you need in one scroll

Welcome to the Crypto Scroll. Get caught up on all web3, defi, and crypto news in just one quick scroll. We do the homework so you don't have to. Powered by The Drop.

You can check out our previous articles and please follow us on Twitter!

gm Scrollers,

This week is getting started with some serious hype around the Bitcoin ETF. Fidelity is following BlackRock’s footsteps in creating their own Bitcoin ETF, and even potentially acquire Greyscale while they’re at it. Tons of rumors flying around about the positive outcomes from these exchange-traded funds for the crypto community in a fairly hostile (U.S.) environment. Make sure you share our easy-to-read newsletter with everyone who should be staying up-to-date on the latest crypto & blockchain news!

  • BlackRock looks to make Coinbase the partner for its Bitoin ETF (FTN)

  • Fidelity to file a Spot Bitcoin ETF and acquire Greyscale Investments (CMC)

  • Coinbase spends $45.5M to buy back some of its debt (TB)

  • USDT slightly depegs from USD (CT)

  • Nike’s upcoming ‘Airphoria’ project could utilize NFTs via .SWOOSH (CT)

  • Crypto Funding Roundup: Bit2Me leads the way with $15M round (BW)

  • Meanwhile raises $19M for Bitcoin-denominated insurance policies from Gradient Ventures and Sam Altman (@oracle_xyz)

  • Mneomonic got $6M to build NFT intelligence plaform (MHQ)

  • ResearchHub got $5 for a tokenized social network for scientists (RH)

  • BoomFi got $3.8M for making crypto payment platform (BOOMFI)

  • TaxNodes secures $1.6M seed from notable web3 angel investors and founders for tax computation and filing (FIT)

  • OKX Ventures announces investment in ZK-rollup startup, Taiko (YF)

  • Hong Kong is requiring major banks to accept crypto (CD)

  • Binance.US makes announcement via Twitter to update the battle vs. SEC (@BinanceUS)

  • China is a driving force behind BRCIS expansion, now eyeing Bitcoin as an alternative to the USD (CNF)

  • Fundamentals for web3 security (SB)

  • OKX Web3 Wallet integrated with Gitcoin Passport to increase security (BR)

  • Euler Hacker’s recent cryptic messages and hints (CPOL)

  • Scammers + hackers = cockroaches (FRKST)

  • Cloud Mining utilization for hacking and scamming crypto (THN)

  • Ethereum could be put in its own category (TB)

  • Banks are buying record amounts of Bitcoin & Ether during the noise of SEC vs. crypto (@BTC_Culture)

  • Ethereum developers consider proposing ETH validator limits from 32 to 2048 ETH (BLOCK)

  • Crypto trading volumes hit yearly lows (CD)

  • Over $100M in BTC liquidations last week (CP)

  • Blackrock wants a BTC ETF (CD)

  • Jack Dorsey-backed hardware wallet, BitKey, to integrate with Coinbase and CashApp for cold storage transfers (CD)

  • ZachXBT receives $1MM+ donations following a defamation lawsuit (DT)

  • How to safeguard assets and data (SB)

  • Examples of crypto mining pools and money laundering (C)

  • 2021 article about a Fidelity Bitcoin ETF (DT)

Sponsored Content: There is no sponsored content in today’s newsletter