BlackRock Allocates Additional $1.45 Billion in Bitcoin to Its iShares ETF Address

On March 22nd, as per the monitoring by Farside Investors, yesterday both Fidelity's FBTC and FETH witnessed a net inflow or outflow of 0.

On March 22nd - During the SEC's initial cryptocurrency roundtable, Hester Peirce expressed that cryptocurrency projects should be granted the permission to raise funds through tradable NFTs. She further disclosed that NFTs might be the next domain for the SEC to issue no-action relief following Proof of Work mining. Peirce proposed that projects such as Stoner Cats and Flyfish Club, which obtain funds through NFTs and offer specific benefits to holders (such as access rights and membership), may not be regarded as securities. She indicated that it would be "quite beneficial" if the SEC could furnish a reference framework for NFT issuers. Previously, during Gary Gensler's tenure, the SEC had initiated securities law enforcement actions against multiple NFT projects. Nevertheless, Peirce stressed that not all projects involving NFTs would automatically be exempt from regulation, and NFTs structured with security-like features would still be subject to regulatory limitations.

On March 22nd, according to Politico, a Super PAC network that is financed by the cryptocurrency industry is going to support two Republican candidates in Florida who will participate in the special election for the U.S. House of Representatives on April 1st. This network consists of Fairshake, Defend American Jobs, and Protect Progress. Specifically, Defend American Jobs will spend $1.2 million on ads to back Florida Senator Randy Fine. Fine had previously made a post on the X platform, stating that "Florida residents desire to witness crypto innovation" and calling for "clear regulatory regulations." The Super PAC will also allocate $345,000 to support Jimmy Patronis, who intends to run for the seat previously held by Congressman Matt Gaetz. Patronis had previously written to the Florida Retirement System, urging them to explore the possibility of investing a portion of state retirement funds in digital assets. Currently, there are 4 vacant seats in the U.S. House of Representative

On March 22nd - During the first cryptocurrency industry roundtable organized by the U.S. Securities and Exchange Commission (SEC), John Reed Stark, the former director of the SEC Cyber Enforcement Office, firmly opposed amending existing securities regulations for digital assets. He asserted that the 1933 and 1934 securities laws do not need to make any concessions for cryptocurrencies, and digital assets should still be regarded as securities. "Those who purchase cryptocurrencies are not collectors; they are investors. The SEC's obligation is to protect investors," Stark said. He pointed out that crypto companies have engaged top global law firms in an attempt to delay enforcement processes, but they have lost in almost all cases. Stark also claimed that, compared to past technological revolutions such as the iPhone, he has not witnessed any genuine innovation in digital assets. Stark has long been a staunch critic of the crypto industry and once described the partnership between th

On March 22nd. According to those with knowledge of the matter, it is reported that Katie Haun, a former U.S. federal prosecutor, is raising two new crypto funds with a total amount of $1 billion through Haun Ventures. Fundraising is expected to be completed in June of this year. The new funds will focus on early-stage and late-stage crypto projects and will continue the framework used when they first launched in 2022.

On March 22nd, U.S. President Trump said, "We will soon reach a comprehensive ceasefire in the Russia-Ukraine conflict." (FX168)