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PANews reported on March 14 that according to PRNewswire, Cango, a Bitcoin mining company listed on the New York Stock Exchange, announced that its board of directors has approved a stock repurchase plan to repurchase issued American Depositary Shares (ADS) and Class A common shares in the next 12 months starting from April 25, 2025, with a repurchase scale of US$30 million. According to Cango's previously disclosed operating data, the company's total Bitcoin holdings reached 1,944 as of the end of February.

Odaily Planet Daily News Cboe BZX Exchange has submitted a rule change application to the U.S. Securities and Exchange Commission (SEC), intending to allow the Invesco Galaxy Spot Bitcoin ETF and Ethereum ETF to be physically created and redeemed.This mechanism allows authorized participants to directly use Bitcoin or Ethereum to exchange ETF shares instead of cash transactions, thereby reducing bid-ask spreads, reducing transaction costs, and avoiding additional brokerage commissions. However, ordinary investors still need to trade ETFs in cash mode.Currently, the SEC has opened a public comment period, and relevant stakeholders can submit feedback before the final decision. (Decrypt)