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AI Giants Experiencing Major Upheavals: A Weekly Recap of Startup News

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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. For the low, low price of being a Robinhood Gold member (because who doesn’t want to pay $5 a month for the privilege of spending more money? Robinhood unveiled its Gold Card, a credit card so packed with features it might just make Apple Card users pause for a hot second. For the low, low price of being a Robinhood Gold member (because who doesn’t want to pay $5 a month for the privilege of spending more money? Trend of the week: Transportation troubleThe New York Stock Exchange has given EV startup Fisker the boot, citing its “abnormally low” stock prices.

Decreasing Bitcoin ETF Fees: The Tipping Point for Business Profitability

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How low can bitcoin ETF fees drop before it hurts a business? On Thursday, Franklin Templeton’s Franklin Bitcoin ETF ranked sixth among the 11 for first day trading volume at $65.45 million by the end of the day. (Note: A number of issuers, Franklin included, are waiving fees for a limited time.) There’s reason to believe that spot bitcoin ETFs and other related products that may come to market will see strong demand over time, and major investment houses want a piece of the action. An additional preexisting $2.3 billion from Grayscale’s GBTC fund, which converted into a spot bitcoin ETF on Wednesday, brought the 11 issuers’ total to $4.6 billion.

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