Happy New Year and thanks as always for reading Fortune Crypto. The period between Christmas and New Year's is one where many media outlets go dark as readers sensibly turn away from the news in favor of family and football. But that doesn't mean nothing happened, so if you're just tuning back in, here are some key developments in crypto you may have overlooked.
The biggest of these is that the likes of BlackRock and Fidelity, along with big crypto companies, are barreling forward with the process of applying for long-awaited Bitcoin ETFs. Late last week, firms updated their paperwork (pity the poor lawyers who spent their break amending SEC filings) to name the "authorized participants" who will handle the Bitcoin on their behalf. Jane Street appeared as the AP on some of the forms and, in a twist of irony, so did JPMorgan, whose CEO is famous for wanting to eradicate crypto—even as his bank does a thriving business in it.
