A spot Bitcoin exchange-traded fund (ETF) has been long awaited by investors in the U.S., however, these products have been available in Brazil for over two years. As of November 21, the collective assets under management (AUM) of spot Bitcoin ETFs in Brazil stands at $96.8 million.
London-based multinational banking and financial services firm Standard Chartered is set to engage in trials of China’s digital yuan, the central bank digital currency (CBDC) known as the e-CNY, in one of the first instances of a foreign bank participating in the initiative.
Former Binance CEO Changpeng Zhao, known as CZ, will have to remain in the United States until his sentencing in February, following a recent court decision from Judge Richard Jones of the U.S. District Court for the Western District of Washington in Seattle.
Top stories in the Crypto Roundup today:
- Brazil’s Spot Bitcoin ETFs Near $100 Million in Assets
- Standard Chartered Joins China’s Digital Yuan Trials
- Former Binance CEO CZ Ordered to Stay in U.S. Until Sentencing
- Binance Sees Nearly $800 Million in Outflows After DOJ Announcement