BlackRock's BTC ETF Filing Revised as SEC Deadline Approaches

BlackRock has revised its Bitcoin ETF application to allow Wall Street banks to participate by creating new shares in the fund with cash instead of crypto. El Salvador's $1 million Freedom Visa program, which grants residency and citizenship to those making a Bitcoin or Tether donation, expects to sell out before the end of the year. Sam Bankman-Fried's lawyer admits that the FTX CEO's fraud trial was "almost impossible" to win. Yearn.finance hopes arbitrage traders will return $1.4 million in funds after a multisignature error drained the protocol's treasury. The SEC has delayed its decision on the Invesco Galaxy spot Ethereum ETF to 2024.