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Digital Asset Investment Products Had $243 Million of Net Inflows in the Last Week of 2023 | Cryptocurrency Trends

John, Bitget Research
2024/01/04
Digital Asset Investment Products Had $243 Million of Net Inflows in the Last Week of 2023 | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Coinbase includes Hivemapper token HONEY in its listing roadmap.
  • Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Binance: Xai (XAI) — January 9, 10:00 AM.
Bybit: AIOZ Network (AIOZ) — January 3, 10:00 AM.

2. Cryptocurrency Trends:

  • The U.S. government's holdings of Bitcoin increase in value to $8.3 billion as the price of Bitcoin rebounds.
  • Fed minutes show that officials agreed at their December 2023 meeting that the rate-hiking cycle that began in 2022 may have ended.
  • Fidelity files a securities registration application with the SEC for its spot Bitcoin ETF. The Chicago Board Options Exchange (CBOE) approves the registration under the ticker FBTC.
  • According to people familiar with the matter, Goldman Sachs is in talks to become an authorized participant (AP) in BlackRock's and Grayscale's proposed spot Bitcoin ETFs.
  • Crypto data provider CryptoQuant expects Bitcoin (BTC) to pull back to $32,000 next month following the possible approval of a spot ETF.
  • James Butterfill, Head of Research at CoinShares, says that the last week of 2023 saw net inflows of $243 million into digital asset investment products, bringing total inflows for 2023 to $2.2 billion.
  • Channels Finance, a BNB ecosystem DeFi protocol, experienced a large number of suspicious transactions with suspicious addresses deploying multiple malicious contracts and draining user funds.
  • Matrixport reports that the SEC is expected to reject all proposals in January as filings fail to meet key requirements.

3. Financing Trends:

  • The crypto market raised $909 million in December 2023, down 6.5% from December 2022 ($973 million).

4. Regulatory Trends:

  • Citing people familiar with the matter, FOX Business reports that SEC attorneys from the Division of Trading and Markets will meet with officials from the New York Stock Exchange, Nasdaq, and Chicago Board Options Exchange on Wednesday.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.