Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume, excluding Grayscale’s ETF, was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows.
cointelegraph.com
Spot Ethereum ETFs debut with over $1B in trading volume [cointelegraph]
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows.
Riot subsidiary Whinstone US sues former JV partner over revenue flow [cointelegraph]
The partners at the Texas facility had troubled relations almost from their start in 2020.
Senator Cynthia Lummis releases report attacking Biden’s mining tax [cointelegraph]
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers.
Crypto Super PAC spends $1.7M on media buys as Arizona primary looms [cointelegraph]
Protect Progress used roughly $415,000 to fund a media buy for former Aspiration CEO Andrei Cherny, a Democrat running for Congress in Arizona’s 1st District.
Kamala Harris could be ‘far more open’ to crypto business, Mark Cuban says [cointelegraph]
Kamala Harris’ campaign team is reportedly seeking input on crypto policy ahead of the Democratic National Convention.
Bill targeting illicit use of crypto passes US House [cointelegraph]
The Financial Technology Protection Act passed the House of Representatives by voice vote roughly a year after lawmakers sent it out of committee.
Wintermute in $300M funding talks, Tencent interested: Report [cointelegraph]
The crypto market maker could have a valuation of $2 billion if the talks come to fruition.
US lawmakers send a letter to OpenAI requesting government access [cointelegraph]
Congressional Democrats asked the AI firm, “What is the percentage of computing resources that OpenAI is dedicating to AI safety research?”
US lawmakers send a letter to OpenAI requesting government access [cointelegraph]
Congressional Democrats asked the AI firm, “What is the percentage of computing resources that OpenAI is dedicating to AI safety research?”