BlackRock Bitcoin ETF options trade $1.9B on day one, California judge's massive ruling for DAO users
Description
Bitcoin enjoyed another brief stint in price discovery, setting a new peak of $94,105 according to Coinbase. This was seemingly propelled — at least in part — by the first day of trading options contracts on BlackRock's spot Bitcoin ETF, IBIT, which saw an "unheard of" $1.9 billion! Outside of Bitcoin, there were other important crypto developments in the past 24 hours. A California judge ruled that under partnership laws, DAO members can be liable for the DAO and other members' actions, Donald Trump chose crypto-friendly Howard Lutnick as secretary of commerce, and Ethereum DApp volume saw strong 30-day growth, but will the price follow?
Further reading:
- BlackRock Bitcoin ETF options see ‘unheard of’ $1.9B traded on first day
- California judge rules DAO members liable under partnership laws
- Donald Trump taps crypto advocate Lutnick as commerce secretary
- Ethereum DApp volumes gain 38% in a month — Will ETH price follow?
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