Bitcoin, Regulators, and the Latest Headlines

Bitcoin is slightly up since our last show Friday morning. Bitcoin's roughly 20% journey up over the past 10 days began after asset management giant BlackRock filed to launch a spot Bitcoin ETF. ProShares' Bitcoin strategyETF, a Bitcoin futures fund offered in the US recorded its highest weekly inflow in over a year last week. Open interest or the total number of unsettled contracts on Bitcoin futures increased to over $11 billion over the weekend.