US Spot BTC ETFs Garner $887m in Day, BTC approaches 72k
- BTC price approaches 72K: The price of bitcoin surged to nearly 72K on Wednesday after US spot bitcoin ETFs recorded their second highest single day of net inflows.
- President Biden vetoes a bipartisan resolution aiming to reverse an SEC rule on crypto custody services: The White House said the resolution would “jeopardize the well-being of consumers.”
- Robinhood buys exchange: Robinhood announced Thursday it has agreed to acquired Bitstamp, a European crypto exchange, for around $200 million.
- MicroStrategy and its chairman Michael Saylor have settled tax fraud allegations for 440M: The company’s stock subsequently jumped more than 3% on Wednesday; the company maintains nearly
15B in BTC holdings. - Changpeng "CZ" Zhao, founder of Binance, started a four-month prison term in Santa Barbara, California: CZ admitted to violating the Bank Secrecy Act (BSA) in November.
- Shares in GameStop surged 21%: Keith Gill, "Roaring Kitty," revealed a 116M stake in the company, driving renewed investor interest and trading activity.
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