Yahoo Finance Live anchors Josh Lipton and Julie Hyman spotlight the biggest news and economic data investors should pay attention to on Thursday, January 11, including the first trades of spot bitcoin ETFs (BTC-USD), CPI and jobless claims prints, the latest mortgage rates data, and the closing arguments of former President Donald Trump's civil fraud case. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Yahoo Finance Live anchors Josh Lipton and Julie Hyman spotlight the biggest news and economic data investors should pay attention to on Thursday, January 11, including the first trades of spot bitcoin ETFs (BTC-USD), CPI and jobless claims prints, the latest mortgage rates data, and the closing arguments of former President Donald Trump's civil fraud case.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
The Wall Street Journal
Bitcoin held steady late Wednesday after the Securities and Exchange Commission [cleared the way](https://www.wsj.com/finance/regulation/sec-approves-bitcoin-etfs-for-everyday-investors-dc3125ef) for the first U.S. exchange-traded funds that hold bitcoin to be sold to the public. "I feel the most sustainable path forward is to approve the listing and trading of these spot bitcoin ETP shares," SEC Chair Gary Gensler [said in a statement](https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023) issued after the close of the stock market's regular session. Coinbase is listed as the custodian on eight spot bitcoin ETF applications.
Bloomberg
(Bloomberg) -- Competition among prospective Bitcoin exchange-traded fund issuers intensified, as companies further slashed fees in a bid to make products more attractive to investors ahead of a regulator’s decision on their future.Most Read from BloombergAmazon’s Twitch to Cut 500 Employees, About 35% of StaffSEC Says FBI Is Investigating Compromise of Agency’s X AccountBoeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 AddressThe Bond Market Rally Is Overlooking a Soaring $2 Trillion
Benzinga
JPMorgan Chase & Co. (NYSE: JPM) is expected to release earnings results for its fourth quarter, before the opening bell on Jan. 12, 2023. Analysts expect the company to report quarterly earnings at $3.40 per share on revenue of $39.77 billion, according to Benzinga Pro. On Tuesday, Deutsche Bank analyst Matt O'Connor upgraded JPMorgan Chase from Hold to Buy and raised the price target from $140 to $190. JPMorgan Chase CEO Jamie Dimon recently reiterated his long-standing opposition to Bitcoin a
Bloomberg
(Bloomberg) -- US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond.Most Read from BloombergAmazon’s Twitch to Cut 500 Employees, About 35% of StaffSEC Says FBI Is Investigating Compromise of Agency’s X AccountBoeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 AddressBitcoin Ne
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