Bitcoin ETF assets have reached 53% of the size of Gold ETFs in the first 10 months of trading. 📊

Currently, $138 billion is held across 35 U.S.-based gold ETFs, while Bitcoin ETFs have attracted over $70 billion in 2024. 💰

It’s worth noting that the first Gold ETFs launched 20 years earlier, back in 2004.

📊UPDATE: Trump’s election odds have dropped to 53.8% of winning the US Presidential election against Harris on Polymarket.

Bet volume surpasses $3 billion.

🔥HOUGAN: “I think this is the best single time to invest in #Bitcoin 💰 from a risk adjusted perspective.”

🇬🇧 A British pension fund has invested $2,000,000 in Bitcoin.

Unlike other funds, the fund chose to buy BTC directly instead of investing in crypto ETFs.

Cartwright also announced the launch of the Bitcoin Employee Benefits scheme, which will allow employers to transfer payments in BTC directly into employees' wallets. So far, 5 companies have already expressed interest.

Spotlight on XRP: 21Shares Files for Spot XRP ETF with the SEC

In a significant development, asset manager 21Shares has filed with the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), following similar applications by Canary Capital and Bitwise.

According to the recent Form S-1 filing, 21Shares aims to list its Core XRP Trust shares on the Cboe BZX Exchange, providing investors with indirect exposure to XRP. Coinbase Custody Trust Company is set to act as the custodian for XRP holdings, should the SEC approve the filing.

The SEC has already greenlit Bitcoin and Ether ETFs but remains undecided on XRP due to Ripple Labs' ongoing legal battles. This includes an appeal over a judge’s ruling that XRP is not classified as a security in programmatic sales on exchanges.

The U.S. Federal Reserve has lowered the key interest rate by 25 basis points, as expected! 📉

In response, Bitcoin hit a new ATH of $76,718.99 (on Binance). 🚀