2024 has been the year of improving trust and investor confidence in crypto with the SEC approval and launch of Exchange-Traded Funds (ETFs) for spot bitcoin (BTC) followed by ether (ETH).
The AUM for spot BTC ETFs has the crossed the $50 billion mark in less than a year as both retail and institutional investors adopted this instrument for exposure to crypto. According to data from CoinGlass, spot BTC ETFs have delivered mostly positive net inflows since their launch.
Divine, ceo of Nibiru, says, “The launch of spot bitcoin ETFs in January ended a decade-long wait. Billions in institutional inflows followed. This was only the beginning.”
Because bitcoin is a volatile asset, and regulatory concerns remain, several TradFi players, especially smaller ones, do not deal directly in spot ETFs. This is one of the remaining barriers to crypto and spot ETFs achieving critical mass.
The SEC’s approval of Options on spot BTC ETFs is a key positive development towards fostering greater adoption, though arguably not as accelerated as the SEC claimed in its filing on September 20.
Minimum corporate taxation: moving forward with cooperation and exchange of information between member states. The EU Council tightens the screws on taxation and business by approving the directive
1st October 2024: Preliminary hearings of certain VAT, excise and customs cases redirected to General Court The EU Parliament and Council of the EU have agreed to that VAT cases may initially be heard
The first prosecution of a company for failing to prevent the facilitation of tax evasion should be seen as a warning to businesses that the corporate criminal tax offences should be taken seriously,
On April 29, 2025, the Court of Justice of the European Union delivered a landmark judgment in Commission v Malta, ruling that Malta’s investor citizenship scheme, commonly known as the “golden