Sheldon Reback

Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.

Sheldon Reback

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Finance

BlackRock's Bitcoin ETF Could Attract a Record $3B Inflow in First Trading Day: CF Benchmarks

The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.

(Jim Henderson, modified by CoinDesk)

Markets

Coinbase Will Benefit From Spot Bitcoin ETF Approval: Wedbush

The crypto exchange has a dominant role in all but one of the approved ETFs, acting as an issuer or custodian, the report said.

(Alpha Photo/Flickr)

Markets

Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts

Mining stocks represent an attractive opportunity for investors looking to gain access to the long-term bitcoin adoption trade, the analysts wrote.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Finance

Stablecoin Issuer Circle Internet Files for IPO

The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Jeremy Allaire, CEO of Circle (CoinDesk)

Markets

First Mover Americas: Grayscale's Is the First ETF to Begin Trading

The latest price moves in crypto markets in context for Jan. 11, 2024.

Michael Sonnenshein (CoinDesk)

Markets

Ether ETF Hopes Drive Smart Money Bets After Historic Bitcoin ETF Approval

Bets on Ethereum tokens may spark a reversal of fortunes for ETH investors, especially as the token underperformed bitcoin in 2023.

SEC logo (Nikhilesh De/CoinDesk)

Markets

Bitcoin ETF Frenzy Brings Windfall Volume to Decentralized Predictions Platform Polymarket

Polymarket saw betting contracts worth more than $5.7 million change hands on Wednesday.

Bitcoin ETF frenzy drives volume growth on prediction markets. (Obsahovka/Pixabay)

Finance

Bitcoin ETF Approval Is Likely to Benefit Institutional Investors: Goldman Sachs

ETFs offer better investor protection, increased liquidity and lower tracking error than closed-end funds and trusts, the report said.

BlackRock is one of the big-name providers offering a spot bitcoin ETF. (Jim Henderson, modified by CoinDesk)

Policy

European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use

The bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.

EU considers digital euro (Immo Wegmann/Unsplash)

Finance

Bitcoin ETF Listings Will Be Quick but Money Flows Could Take Months: 21Shares Co-Founder

Ophelia Snyder says it is impossible to conceptualize the changes in bitcoin trading volumes likely through ETF inflows.

Ophelia Snyder (right) with 21Shares co-founder Hany Rashwan