#etf

[ follow ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
1 week ago
Cryptocurrency

First Spot Bitcoin ETF to Launch in Australia in 2024: Bloomberg

ASX to approve Australia's first spot Bitcoin ETFs by 2024, following US and Hong Kong's approvals. [ more ]
blackrock
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
2 weeks ago
Cryptocurrency

Blackrock Bitcoin ETF Enters Top 10 for Longest Inflows

BlackRock's Bitcoin ETF, IBIT, has entered the top 10 ETFs in terms of maintaining a streak of daily investment inflows. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 weeks ago
Cryptocurrency

BlackRock Releases Bitcoin Education Series

BlackRock launches education initiative on Bitcoin and spot Bitcoin ETF. [ more ]
Coindesk
1 month ago
Cryptocurrency

BlackRock's Fink Says an Ether ETF Is Possible Even if ETH Is a Security

An ether ETF might still be possible even if the SEC deems it a security, according to BlackRock CEO Larry Fink.
Fink expressed optimism about the potential for listing an ETF that holds Ethereum's ether, despite regulatory scrutiny. [ more ]
Coindesk
1 month ago
Cryptocurrency

First Mover Americas: Back in the Green

The crypto market saw gains following BlackRock's involvement in asset tokenization.
Binance faced charges of tax evasion in Nigeria, impacting its executives and operations. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
1 month ago
Cryptocurrency

BlackRock's Robert Mitchnick: Bitcoin Is "Overwhelmingly" The Number One Priority For Clients

Bitcoin is the top priority for BlackRock's clients with minimal interest in other cryptocurrencies
BlackRock's spot Bitcoin ETF $IBIT has been one of the most successful ETF launches with continuous net inflows. [ more ]
Coindesk
1 month ago
Cryptocurrency

BlackRock Seeing Only 'A Little Bit' Demand for Ethereum from Clients, Says Head of Digital Assets

Bitcoin is the primary focus for BlackRock clients, with Ethereum having less interest.
BlackRock's clients show very little demand for other crypto assets besides Bitcoin and Ethereum. [ more ]
moreblackrock
ethereum
Coindesk
2 months ago
Cryptocurrency

Ether Traders Target $3.5K as ETH Jumps on ETF Expectations

Ethereum broke above $2,700 for the first time since May 2022.
There is bullish sentiment and buying interest in Ethereum, driven by potential ETF approval and the introduction of regulated ether products with yearly rewards. [ more ]
London Business News | Londonlovesbusiness.com
3 months ago
Cryptocurrency

What could happen to ETF this year?

The SEC could approve the Ethereum Spot ETF by 2024, marking the second cryptocurrency listing on the New York exchange.
The approval of the Ethereum ETF is expected to boost Ethereum's price and generate renewed investor interest. [ more ]
Coindesk
3 months ago
Cryptocurrency

Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing

Ethereum's native token ether (ETH) jumped above $2,400 to a two-week high after Ark Invest and 21Shares amended their spot ETH ETF filing.
The updated filing brings the ETF more in line with spot bitcoin ETFs approved by regulators last month. [ more ]
Coindesk
3 months ago
Cryptocurrency

First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval

Bitcoin price drops and outflows from GBTC following the listing of BTC ETFs
Ether could see a price increase on hopes of a spot ETH ETF listing [ more ]
Coindesk
3 months ago
Cryptocurrency

BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple

BlackRock CEO Larry Fink is considering launching an Ethereum-backed ETF, following the success of the firm's bitcoin ETF.
Selling an Ethereum ETF could be challenging as investors may already have exposure to bitcoin through the first ETF.
Bitcoin is seen as a potent diversifier in investment portfolios due to its price history and potential for boosting risk-adjusted returns. [ more ]
Coindesk
3 months ago
Cryptocurrency

Ether Jumps Over $2.4K as Traders Bet on Possible Ether ETF Next

Ether and native tokens of applications built on Ethereum surged as traders anticipate the proposal of an ether exchange-traded fund (ETF).
BlackRock has filed an S-1 form with the SEC for its iShares Ethereum Trust, a spot ether ETF. [ more ]
moreethereum
regulation
www.dw.com
3 months ago
Cryptocurrency

Bitcoin ETFs permitted by the US SEC in crypto market boost DW 01/10/2024

SEC approves US-listed bitcoin ETFs
11 ETFs to list on leading exchanges
Decision does not endorse bitcoin [ more ]
www.fastcompany.com
3 months ago
Cryptocurrency

What investors need to know about a bitcoin exchange-traded fund

U.S. regulators are soon expected to decide on the approval of the first bitcoin exchange-traded fund (ETF).
The approval of a bitcoin ETF could bring more mainstream investors into the cryptocurrency market. [ more ]
Coindesk
3 months ago
Cryptocurrency

Bitcoin ETFs Win SEC Approval, Bringing Easier Access to Biggest Cryptocurrency

U.S. regulators have approved bitcoin ETFs, allowing broader access to the cryptocurrency.
The approval follows a court ruling that the SEC was 'arbitrary and capricious' in rejecting a previous bitcoin ETF proposal. [ more ]
Coindesk
4 months ago
Cryptocurrency

Jim Cramer Now Says Bitcoin is 'Topping Out'

Bitcoin may be topping out according to Jim Cramer, signaling a possible downturn.
Cramer has been historically bearish on bitcoin and his picks tend to move in the opposite direction. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
4 months ago
Cryptocurrency

Former SEC Chair: Spot Bitcoin ETF Approval Is Inevitable, "There's Nothing Left to Decide"

Approval of a Spot Bitcoin ETF is deemed inevitable by former SEC Chair Jay Clayton.
Growing acceptance and understanding of Bitcoin within regulatory circles may pave the way for approval. [ more ]
moreregulation
Cryptocurrency
Coindesk
5 months ago
Cryptocurrency

Bitcoin Rally to $42K Fueled by 'Panic Buying,' Pushes Crypto Market Cap Over $1.5T

Bitcoin hits a fresh yearly high of $42,000, pushing total crypto market capitalization over $1.5 trillion.
Factors contributing to the rally include expectations of lower interest rates, anticipation for a spot bitcoin ETF, and panic buying. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
5 months ago
Cryptocurrency

Bitcoin Surges 150% This Year, Hits $42,000 As Spot ETF Excitement Builds

Bitcoin's value has surged over 150% this year, reaching over $42,000.
Speculation about the approval of a Bitcoin spot ETF in the United States is contributing to its surge. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
5 months ago
Cryptocurrency

Scaramucci: Spot ETF Will Help Wall Street's Salesforce Drive Billions Into Bitcoin

A Bitcoin ETF approved by the federal government could unleash a salesforce tsunami, channeling billions into the cryptocurrency.
Wall Street's marketing machinery is underappreciated and would play a significant role in promoting Bitcoin through an ETF.
The approval of a Bitcoin ETF could attract a diverse cross-section of investors, including traditional brokers and money managers. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
5 months ago
Cryptocurrency

Former NYSE President Says Money Will "Flood" Into Bitcoin Upon Spot ETF Approval

Former NYSE President Tom Farley sees the approval of a Bitcoin spot ETF as a game-changer for cryptocurrency.
Farley believes a spot ETF would attract a flood of money into the Bitcoin industry, making it easier for investors to gain exposure to the asset.
The former NYSE executive's bullish sentiment reflects the growing confidence in Bitcoin's future trajectory. [ more ]
Coindesk
5 months ago
Cryptocurrency

Bitcoin Fundamentals Have Never Looked Better: Bernstein

Bitcoin is predicted to have a market cap of over $3 trillion by mid-2025, quadrupling its current value.
The bitcoin halving, favorable accounting treatment, and the potential approval of a US-listed spot bitcoin ETF are seen as positive catalysts for its growth.
Bitcoin's role as a 'debasement hedge' may increase in prominence, particularly in the scenario of debt monetization and potential inflation over-correction. [ more ]
Futurism
5 months ago
Cryptocurrency

We Regret to Inform You That Bitcoin Is Spiking

Bitcoin has reached its highest value in a year at nearly $38,000, with gains of over 38% in the past month.
The recent price increase can be attributed to softening federal interest rates, Sam Bankman-Fried's conviction, and the approval of a bitcoin ETF by the SEC.
Bitcoin's volatility, environmental impact, and failure as a decentralized form of digital money continue to be concerns. [ more ]
moreCryptocurrency
SEC
londonlovesbusiness.com
5 months ago
Cryptocurrency

Bitcoin and cryptocurrencies achieve a 6% gain thanks to ETFs

Bitcoin price surpasses $38,000 for the first time in a year and a half.
Investors expect SEC approval for a Bitcoin ETF and anticipate increased institutional demand for Bitcoin. [ more ]
Coindesk
5 months ago
Cryptocurrency

First Mover Americas: SEC Delays Decision on Hashdex's ETF Application

The SEC is delaying decisions on the conversion of bitcoin futures ETFs into spot ETFs and the launch of a new futures-based ether ETF.
The Philippines government plans to raise $180 million through the sale of a tokenized treasury bond, following similar moves by other governments.
Markus Thielen predicts that Bitcoin will reach $40,000 by the end of the year, citing options market positioning and Federal Reserve expectations as catalysts for continued price gains. [ more ]
Coindesk
5 months ago
Cryptocurrency

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

The SEC is delaying a decision on Hashdex's application to convert its bitcoin futures ETF into a spot vehicle.
The SEC has also delayed action on Grayscale's attempt to launch a new futures-based ether ETF.
Over a dozen companies have filed to launch spot bitcoin ETFs in 2023, with several others applying for similar products exposed to ether. [ more ]
moreSEC
London Business News | Londonlovesbusiness.com
3 days ago
Cryptocurrency

The future of Bitcoin: $63 million enters into immediate trading funds

Bitcoin breaches $63,000 mark with increased trading volume; Grayscale records significant inflows; emergence of Bitcoin ETFs driving demand and liquidity. [ more ]
Coindesk
6 days ago
Cryptocurrency

Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since January

Grayscale Bitcoin Trust (GBTC) saw net inflows after months of outflows. [ more ]
Coindesk
1 week ago
Cryptocurrency

Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein

Bitcoin ETF slowdown is temporary, with high price expectations for 2025.
Bitcoin mining cycle remains healthy post-halving. [ more ]
Coindesk
2 weeks ago
Cryptocurrency

Grayscale Reveals 0.15% Fees For Its Bitcoin Mini Trust ETF

Grayscale's Bitcoin Mini Trust offers a lower fee option for GBTC investors at 0.15%. [ more ]
ReadWrite
1 month ago
Cryptocurrency

Bitcoin price rise: a look at possible causes

Increased trader activity post-ETF inflows contributed to Bitcoin's price surge.
Investor expectations about the economy and cost of capital play significant roles in Bitcoin's growth. [ more ]
Coindesk
1 month ago
Cryptocurrency

Ether Rallies to $3.6K as Bitcoin Holds Steady at $71K

Ether outperformed CoinDesk 20 Index in early trading hours in East Asia.
Market interest in DeFi protocol Ethena contributed to Ether's rally. [ more ]
London Business News | Londonlovesbusiness.com
3 weeks ago
Artificial intelligence

Nvidia is too overbought, invest in this AI ETF instead

Robo Global Robotics and Automation Index ETF (ROBO) is considered a better investment opportunity over Nvidia due to its diversified exposure to AI, robotics, and automation technologies. [ more ]
Coindesk
1 month ago
Cryptocurrency

Bitcoin Becomes More Volatile Than Ether as Halving Approaches

Bitcoin's volatility surpassed Ether's, driven by ETF inflows and impending halving.
The spread between BTC and ETH's 30-day historical volatility indices widened significantly. [ more ]
Coindesk
1 month ago
Cryptocurrency

Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm

Bitcoin remains volatile, testing $66,000.
Traders consider no ether ETF soon. [ more ]
Entrepreneur
1 month ago
Cryptocurrency

A Bitcoin Hot Girl Summer - Will Bitcoin's Success Continue? | Entrepreneur

Bitcoin ETF saw record inflows in February.
Bitcoin's scarcity and upside convexity contribute to price appreciation. [ more ]
Coindesk
1 month ago
Cryptocurrency

Coinbase Gets Another Upgrade, This Time at Raymond James, as Bears Capitulate

Raymond James upgraded Coinbase shares from underperform to market perform due to positive impact of spot bitcoin ETF flows.
Goldman Sachs also revised its negative rating last week, upgrading COIN shares to neutral from sell. [ more ]
www.coindesk.com
2 months ago
Cryptocurrency

BlackRock's Bitcoin ETF Added a Record 12.6K BTC in Tuesday's Carnage

BlackRock iShares Bitcoin ETF bought $778 million worth of bitcoin on Tuesday.
ETF volumes broke the $10 billion mark, with BlackRock iShares Bitcoin ETF leading in assets under management. [ more ]
www.nytimes.com
2 months ago
Cryptocurrency

Is Crypto Back? What to Know About Bitcoin's Surge.

Bitcoin reached record high of $69,000
Crypto industry showing signs of recovery despite past downturns
Introduction of E.T.F.s marked a turning point for the industry [ more ]
Coindesk
2 months ago
Cryptocurrency

Bitcoin Steady Over $52K;Traders Target $55K in Short-Term

Bitcoin price remained stable around $52,000; ether gained over 5% amidst hopes for an ETH ETF. AI-related tokens surged as OpenAI's Sora launch renewed sector growth prospects. [ more ]
Coindesk
2 months ago
Cryptocurrency

First Mover Americas: Bitcoin at $50K. What Next?

Solana's SOL led gains among major cryptocurrencies as bitcoin briefly crossed the $50,000 mark.
Franklin Templeton has applied for a spot Ethereum exchange-traded fund (ETF). [ more ]
Coindesk
3 months ago
Cryptocurrency

First Mover Americas: Bitcoin Consolidates at $42K

Bitcoin analysts set $43,000 as a key indicator for a surge above $50,000.
Hong Kong's Securities and Futures Commission has received its first bitcoin ETF application. [ more ]
Coindesk
3 months ago
Cryptocurrency

Grayscale's GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan

JPMorgan suggests that selling pressure in bitcoin caused by profit-taking from the Grayscale Bitcoin Trust may be largely over.
The conversion of GBTC to an ETF has resulted in significant outflows, with around $4.3 billion already leaving the fund. [ more ]
London Business News | Londonlovesbusiness.com
3 months ago
Cryptocurrency

Bitcoin falls to move from ETF to cash

Bitcoin's price plummeted by almost 4% following the SEC's approval of the Bitcoin spot ETF.
Factors contributing to the price drop include profit-taking by investors, miners selling their Bitcoins, and outflows from Grayscale Investments. [ more ]
Coindesk
3 months ago
Cryptocurrency

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

Investors have sold over $2 billion of Grayscale Bitcoin Trust (GBTC) since its conversion into an ETF.
FTX's bankruptcy estate sold 22 million GBTC shares, accounting for a significant portion of the exodus. [ more ]
Coindesk
3 months ago
Cryptocurrency

Why 2024 Will Be Bitcoin's Year

SEC approval for a spot bitcoin ETF could lead to higher liquidity and price stability in bitcoin.
Bitcoin's next halving event in April 2024 is expected to increase scarcity and historically has led to significant increases in BTC price. [ more ]
Coindesk
3 months ago
Cryptocurrency

Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right

The approval of a spot bitcoin ETF in the U.S. led to a sell-the-news event, causing the price of BTC to pull back.
Analysts believe that the downside risk for bitcoin's price may be limited despite the pullback. [ more ]
english.elpais.com
3 months ago
Cryptocurrency

New bitcoin exchange-traded funds: Can the cryptocurrency break the $100,000 ceiling?

The SEC has approved a spot bitcoin ETF, allowing asset managers to start listing these funds.
The approval of the bitcoin ETF could potentially lead to a market worth $100 billion in the near future. [ more ]
Coindesk
3 months ago
Cryptocurrency

Bitcoin ETFs Secure Approval Exactly 15 Years After Hal Finney's Iconic 'Running Bitcoin' Tweet

Hal Finney was one of the first people to download and receive bitcoin, and he believed in its potential for rapid growth.
Bitcoin has achieved widespread adoption and is now positioned for further growth as an alternative asset on Wall Street.
The approval of the first spot bitcoin ETF by the SEC allows investors to gain exposure to bitcoin without the risk of managing a cryptocurrency wallet. [ more ]
TechCrunch
3 months ago
Cryptocurrency

Grayscale CEO sees spot bitcoin ETF as first step towards 'normalizing' crypto | TechCrunch

The SEC has approved all 11 applications for spot bitcoin ETFs.
Grayscale Investments' CEO believes the investor sentiment, regulators, and financial advisors are now ready for spot bitcoin ETFs. [ more ]
TechCrunch
3 months ago
Cryptocurrency

US approves first spot bitcoin ETF applications for 11 issuers | TechCrunch

The U.S. Securities and Exchange Commission (SEC) has approved all 11 applications for spot bitcoin ETFs, potentially making it easier for institutional investors and consumers to invest in bitcoin.
The approved ETF issuers include BlackRock, Grayscale, Fidelity, and WisdomTree, among others. Some issuers are offering zero fees for a limited time. [ more ]
Coindesk
3 months ago
Cryptocurrency

Bitcoin ETF Chaos Memorialized on Blockchain, With Nod to 'Chancellors on the Brink' Reference

Bitcoin user embeds message about SEC Chairman's potential approval of second ETF on blockchain.
Bitcoin transaction stunt reminiscent of message on blockchain's Genesis block. [ more ]
Futurism
3 months ago
Cryptocurrency

SEC Twitter Account Hacked to Post Fake Bitcoin News

The SEC's Twitter account was hacked, causing a false announcement about the approval of a Bitcoin ETF and leading to a temporary spike in Bitcoin's price.
The incident highlights the volatility of Bitcoin and the anticipation of a potential SEC announcement regarding a spot Bitcoin ETF. [ more ]
Coindesk
3 months ago
Cryptocurrency

BTC Supply in Profit Nears 90% as Price Rallies on Expected Bitcoin ETF Approval

Nearly 90% of bitcoin supply being held is in profit
High unrealized profits raise the risks of a sharp price decline [ more ]
www.nytimes.com
3 months ago
Tech industry

How a Hack of the S.E.C.'s Social Media Account Caused a Bitcoin Frenzy, Briefly

The SEC announced approval of a new investment product tracking the price of Bitcoin, but it was later revealed that the agency's account had been hacked.
The security breach highlights the ongoing pursuit of a Bitcoin exchange traded fund (ETF), with many speculating about the timing of its approval. [ more ]
www.theguardian.com
3 months ago
Cryptocurrency

SEC says compromised' account to blame for tweet approving Bitcoin ETF

The SEC's social media account was compromised and a post announcing the approval of a bitcoin ETF was unauthorized.
The unauthorized post caused the price of bitcoin to briefly spike and then drop after the SEC denied the approval. [ more ]
www.dw.com
3 months ago
Cryptocurrency

Bitcoin surges after US regulator X account hack DW 01/10/2024

Bitcoin price briefly spiked after fake announcement of ETF approval
SEC describes social media post as unauthorized and hacked [ more ]
Coindesk
3 months ago
Cryptocurrency

Bitcoin Jumps, Then Dumps to $45K as Fake News About Spot Bitcoin Approval Liquidates $50M

Bitcoin experienced wild swings in response to a false SEC social media post about approving a bitcoin ETF.
The price of bitcoin briefly reached a 19-month high before sharply declining when the news was proven to be false. [ more ]
Coindesk
4 months ago
Cryptocurrency

Bitcoin ETFs: The Bull Case

The approval of a bitcoin ETF would signal the maturity of the asset.
It would provide easier access to bitcoin for institutions and everyday investors. [ more ]
Coindesk
4 months ago
Cryptocurrency

BlackRock, Other Potential Bitcoin ETF Providers Reveal Fees

BlackRock, Fidelity, and other firms have revealed the fees for their spot bitcoin exchange-traded fund (ETF) applications in the U.S.
BlackRock's fee will start at 20 basis points and settle at 30 bps once the fund reaches $5 billion.
Other applicants, like Fidelity, ARK, VanEck, announced fees ranging from 0.25% to 0.39%. [ more ]
Axios
4 months ago
Cryptocurrency

Unpacking the bitcoin ETF frenzy

The crypto world is eagerly anticipating the arrival of bitcoin ETFs.
There are already multiple ways to invest in bitcoin on the stock market. [ more ]
WSJ
4 months ago
Cryptocurrency

The Crypto Industry Holds Its Breath in Anticipation of the First Spot Bitcoin ETFs

Bitcoin ETF approval deadline approaching
Potential for significant impact on cryptocurrency market [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
4 months ago
Cryptocurrency

VanEck Commits to Donating 5% of Spot ETF Profits Over a Decade to Bitcoin Core Developers

VanEck has committed to donating 5% of profits from their proposed Bitcoin Spot ETF to support Bitcoin Core developers for over a decade.
They have already made an initial $10,000 donation to Brink, an independent nonprofit supporting open-source Bitcoin development. [ more ]
Coindesk
4 months ago
Cryptocurrency

Bitcoin Rebounds Above $44K as Spot BTC ETF Approval Looks Increasingly Likely

BTC recovered from Wednesday's flash crash as investors anticipate a U.S. spot BTC ETF approval.
A survey found that while only 39% of financial advisors expect a BTC ETF approval this year, 88% would be interested in buying BTC after approval. [ more ]
Coindesk
4 months ago
Cryptocurrency

Crypto for Advisors: Digital Assets in 2024

Bitcoin ETF approval can lead to a price increase.
The Crypto for Advisors newsletter provides guidance for financial advisors navigating the digital asset space. [ more ]
Coindesk
4 months ago
Cryptocurrency

Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task

Approval of bitcoin ETFs by the SEC could lead to a flood of investment money pouring into the cryptocurrency market.
Key market players believe that the industry is capable of accommodating the surge in demand for bitcoin. [ more ]
Coindesk
4 months ago
Cryptocurrency

Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say

Bitcoin recovered some losses after a leverage flush sent it down as much as 7% on Wednesday.
Lucas Kiely, the chief investment officer of Yield App, predicts Bitcoin could rally to as high as $50,000 this month and expects the SEC to approve a spot Bitcoin ETF. [ more ]
www.vice.com
4 months ago
Cryptocurrency

Bitcoin's Hot Streak Abruptly Ends After Jim Cramer Calls It a Marvel'

Jim Cramer's statement on Bitcoin caused a drop in its price.
The sell-off may also be due to uncertainty around the approval of Bitcoin spot ETFs by regulators. [ more ]
London Business News | Londonlovesbusiness.com
4 months ago
Cryptocurrency

Bitcoin continues to consolidate above the 45,000 level

Bitcoin is attempting to hold the $45,000 level after failing to close above it. Investor sentiment remains positive in anticipation of the SEC approving Bitcoin spot ETFs.
Bloomberg analysts have a 90% probability that the SEC will approve the ETF applications on January 10th. However, there is concern about a potential 'sell the news' phenomenon if approval is confirmed. [ more ]
Coindesk
4 months ago
Cryptocurrency

Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport

Matrixport expects the SEC to reject all applications for a spot bitcoin ETF this month.
SEC Chair Gensler is not supportive of crypto and unlikely to vote for the approval of a bitcoin ETF. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
4 months ago
Cryptocurrency

Why the Bitcoin Price Will Rise or Fall on the ETF Ruling

Potential for a price rise if a Bitcoin ETF is approved by the SEC
Previous instances of ETF anticipation have affected Bitcoin's price [ more ]
Coindesk
4 months ago
Cryptocurrency

Bitcoin-Related Companies Show Pre-Market Gains as BTC Nears $46K

Shares of prominent bitcoin-adjacent companies rose in pre-market trading on Tuesday as the world's largest cryptocurrency started 2024 by surpassing $45,000 for the first time in 21 months.
Coindesk
4 months ago
Cryptocurrency

Bitcoin Begins 2024 With a Push Toward $45K

Bitcoin's price has risen by more than 5% on the first day of the new year, nearing $45,000 for the first time since April 2022.
Anticipation of the SEC approving spot bitcoin ETFs is driving the price increase. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
4 months ago
Cryptocurrency

Bloomberg ETF Analyst Reassures Spot Bitcoin ETFs Will Hold Actual BTC, Amidst Concerns

There are concerns in the Bitcoin community about whether Spot Bitcoin ETFs will hold actual Bitcoin
Bloomberg Intelligence ETF analyst James Seyffart assures investors that approved ETFs will hold spot BTC [ more ]
Coindesk
4 months ago
Cryptocurrency

Bitcoin ETF Approval Tipped to Be 'Sell The News' Event: CryptoQuant

Bitcoin (BTC) is expected to correct to as low as $32,000 next month following the potential approval of a spot ETF, according to data provider CryptoQuant.
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
4 months ago
Cryptocurrency

Grayscale CEO Foresees Spot Bitcoin ETFs Unlocking '$30 Trillion Worth of Advised Wealth'

A spot Bitcoin ETF could unlock $30 trillion worth of advised wealth for investors.
The introduction of a spot Bitcoin ETF would allow financial advisors and institutional investors to participate in the Bitcoin market more seamlessly. [ more ]
Cointelegraph Magazine
4 months ago
Cryptocurrency

BlackRock revises BTC ETF filing, El Salvador's crypto citizenship trending, and more: Hodler's Digest, Dec. 10-16

BlackRock has made changes to its spot Bitcoin ETF application, allowing banks to participate by creating new shares with cash instead of crypto.
El Salvador's Freedom Visa program, which requires a $1 million Bitcoin or Tether donation, expects to sell out before the end of 2023. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
4 months ago
Cryptocurrency

SEC Chair Gary Gensler Tells CNBC The Commission Is Taking A "New Look" At Spot Bitcoin ETFs

The SEC is reconsidering its approach to spot Bitcoin ETF applications based on court rulings.
A shift in the SEC's perspective could facilitate easier access to Bitcoin for traditional investors. [ more ]
Coindesk
5 months ago
Cryptocurrency

Why Are Pros Craving a Spot Bitcoin ETF?

The market assigns a high probability of around 90% for the approval of a spot bitcoin ETF by the Securities and Exchange Commission.
Spot-based bitcoin ETFs have advantages over futures-based ETFs, including avoiding high roll costs and allowing for the full performance benefits of holding bitcoin. [ more ]
Coindesk
5 months ago
Cryptocurrency

Larry Fink: Wall Street's Biggest Bitcoin Believer

BlackRock's filing for a bitcoin ETF has reignited interest in the crypto trading vehicle and helped legitimize the effort.
A bitcoin ETF would give a wider range of institutions access to BTC and potentially lead to increased buying pressure and higher prices. [ more ]
Coindesk
5 months ago
Cryptocurrency

World's Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management

The ProShares Bitcoin Strategy ETF (BITO) has reached $1.47 billion in assets under management, surpassing a previous record.
The increase in assets under management indicates growing institutional demand for bitcoin from regulated and accredited investors.
BITO closely tracks the spot prices of bitcoin, making it popular among traders. [ more ]
Coindesk
5 months ago
Cryptocurrency

First Mover Americas: Demand for Bitcoin Futures ETF BITO Ramps Up

ProShares' Bitcoin Strategy ETF (BITO) reached a record high of $1.47 billion in assets under management, indicating renewed institutional demand for bitcoin.
Grayscale is updating the trust agreement for the Grayscale Bitcoin Trust (GBTC) in anticipation of a change to a spot bitcoin ETF and to level the playing field for other applicants.
ARK Invest sold Coinbase stock and bought shares in Robinhood and SoFi Technologies. [ more ]
Coindesk
5 months ago
Cryptocurrency

Bitcoin Buyer Quietly Accumulates $424M of BTC in Three Weeks

A mystery wallet owner has purchased $424 million worth of bitcoin, becoming the 74th largest holder of BTC.
There is speculation that the wallet could be linked to a U.S. asset management firm awaiting approval for a spot bitcoin ETF.
The approval of a spot ETF could create trillions of dollars in value for the cryptocurrency market. [ more ]
Coindesk
5 months ago
Cryptocurrency

Bitcoin and BNB Recovery as Binance Plea Seen Boosting Spot ETF Odds

Bitcoin and BNB prices recover after Binance CEO's guilty plea and settlement.
Criminal settlement may increase chances of a spot-based bitcoin ETF approval in the U.S.
Traders believe the downfall of Binance CEO could strengthen Bitcoin adoption by institutional players. [ more ]
Cointelegraph Magazine
5 months ago
Cryptocurrency

OpenAI's Sam Altman ousted, BlackRock and Fidelity seek Ether ETF, and more: Hodler's Digest, Nov. 12-18

Sam Altman removed as CEO of OpenAI.
BlackRock files for an Ether ETF with the SEC.
Australia imposes capital gains tax on wrapped crypto tokens. [ more ]
Coindesk
5 months ago
Cryptocurrency

Bitcoin Dips 5% to Under $36K as Crypto Rally Runs Into Wall, Liquidating $340M in 2 Days

Sell orders near round numbers can trigger price declines in cryptocurrencies like bitcoin.
Bitcoin's drop led to a decrease in the value of other cryptocurrencies like ETH, SOL, and LINK. [ more ]
Coindesk
5 months ago
Cryptocurrency

BlackRock Files Application for Spot Ether ETF

BlackRock has filed a form to issue a spot ether (ETH) exchange-traded fund.
The price of ether jumped nearly 2% on the news.
BlackRock is also seeking to list a bitcoin ETF.
BlackRock's CEO, Larry Fink, has expressed support for the crypto sector. [ more ]
Entrepreneur
5 months ago
Cryptocurrency

Cryptos surge as BlackRock Ethereum ETF plan is confirmed | Entrepreneur

Bitcoin has surged to levels not seen in almost 18 months, reaching $38,000.
BlackRock has filed for an Ether exchange-traded fund, signaling greater institutional involvement in the crypto markets.
Multiple financial firms are vying for SEC approval for a spot Ethereum ETF. [ more ]
Coindesk
5 months ago
Chicago

First Mover Americas: Bitcoin raggiunge i 42.000 dollari per la prima volta in oltre un anno

Il prezzo del Bitcoin supera i 42.000 dollari per la prima volta da aprile 2022
Grayscale assume l'ex capo delle Americhe di Invesco per guidare il team di distribuzione e partnership [ more ]
Cointelegraph
5 months ago
Cryptocurrency

Spot Bitcoin ETF: Why this time is different

If a spot Bitcoin ETF is approved by the SEC, it could be a major milestone for digital assets and provide institutional investors an easy way to get exposure to Bitcoin.
Analysts believe that a spot Bitcoin ETF approval could spark a demand shock in the market and potentially lead to a new crypto bull market.
The involvement of BlackRock and a court ruling requiring the SEC to revisit a previous rejection of Grayscale's application have increased the likelihood of an approval to 90%. [ more ]
[ Load more ]