Jan 2024 Crypto Industry Updates

Table of Contents

Content will be sorted chronologically with latest at the bottom.

  • Bitcoin ETFs Approved
    • spot Bitcoin ETFs have won the US SEC’s approval after over a decade of the asset management industry attempting to launch a spot Bitcoin ETF
    • 11 bitcoin exchange-traded fund (ETF) applications were approved.
    • trading began trading on Thursday, 11 January 2024
  • Bitcoin ETFs not approved for retail investors in Singapore: MAS [16 Jan 2024]
    • Monetary Authority of Singapore say people who choose to trade Bitcoin exchange-traded funds (ETFs) in overseas markets “must exercise extreme caution”
  • Circle Internet Financial, the issuer of the USDC stablecoin, filed for an initial public offering (IPO) in the US
  • Celsius officially emerged from bankruptcy [31 Jan 2024]
    • to distribute over $3 billion in cryptocurrency and fiat to creditors, settle claims with key stakeholder groups, and transition to a new Bitcoin mining company (“Mining NewCo”)

Started investing in crypto towards the end of 2020.