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CoinDesk Podcast Network

COINDESK DAILY: Bitcoin Crosses $71K as BTC ETFs Score $880M Inflows; Kraken Lists PoliFi Tokens BODEN and TREMP

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7698 Ratings

🗓️ 5 June 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Host Helene Braun breaks down the latest news in the crypto industry from U.S.-listed spot bitcoin ETFs' $880 million of inflows on Tuesday to Kraken's listing of PoliFi tokens. To get the show every day, follow the podcast here. "CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as U.S.-listed spot bitcoin ETFs recorded over $880 million in inflows on Tuesday, making it the best day of inflows since March. Plus, PoliFi tokens BODEN and TREMP saw gains after Kraken listing and a group of U.S. lawmakers asked President Joe Biden to bring back Tigran Gambaryan, the Binance executive detained in Nigeria. - This episode was hosted by Helene Braun. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:51.4

US listed spot Bitcoin ETF saw over $880 million in inflows on Tuesday, making it the best day of inflow since March and the second highest overall since 11 Bitcoin ETFs went live in January.

1:05.7

The surge was led by Fidelity's FBTC, which scored $378 million in inflows.

1:12.7

Bitcoin climbed above $71,000 on the news, and as of 9.40 a.m. Eastern Time, the largest

1:18.8

cryptocurrency by market cap is trading just below $70,800, up almost 2% on the day.

1:26.8

Cracken announced that Polyfi tokens Bodin and Tremb are now available on its platform,

1:33.0

making it the first U.S. exchange to list the Polyphi themed tokens.

1:37.3

According to Coin Gecko data, the Joe Biden themed token was up over 13% immediately

1:42.5

after the listing announcement before leveling off. In the last 24

1:46.8

hours, it's up more than 40% versus around 25% per Trump. A group of U.S. lawmakers asked President

1:54.6

Joe Biden to bring back Tigran Gambarian, the Biden's executive who has been detained in Nigeria

2:00.5

for almost three months.

2:02.4

In the letter written by House Foreign Affairs Committee Chair Michael McCall and 11 other leaders,

...

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