#sec-approval
#sec-approval

Crypto spring? Bitcoin briefly hits a new record before tumbling back down

Bitcoin hits record high of $69,210, signaling crypto spring.

Institutional investors now participating in Bitcoin market due to SEC's approval of Bitcoin ETFs. [ more ]

nymag.com

Bitcoin FOMO Is Back: This Is Officially a Craze'

Bitcoin price surpasses $60,000, nearing all-time high

SEC approval of new bitcoin investment products fueling FOMO rally [ more ]

Coindesk

BTC Blasts Past $47K as Bitcoin ETF Excitement Gets Feverish

Bitcoin surged to over $47,000, its highest level since April 2022, as investors anticipate the approval of a spot-based Bitcoin ETF in the U.S.

The approval of the Bitcoin ETF could lead to a significant rally in the price of Bitcoin, attracting more investors and inflows.

Asset management giants BlackRock, Fidelity, and Grayscale have submitted updated filings to the SEC for Bitcoin ETF approval. [ more ]

morecryptocurrency

Coindesk

Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust

Grayscale proposing low-fee Bitcoin Mini Trust from GBTC shares.

The new trust aims to offer lower fees with no capital gains tax for existing GBTC investors. [ more ]

cryptocurrency-market

Ars Technica

Bitcoin price hits record $69K after SEC approvals fueled $7B in investments

Bitcoin's price hit a record high above $69,000, attributed to the approval of spot-bitcoin ETFs by the SEC.

Traditional financial institutions like BlackRock and Fidelity are now major players in the crypto bull market. [ more ]

London Business News | Londonlovesbusiness.com

SEC's approval of Bitcoin ETFs represents a crucial validation of Bitcoin's status

SEC approval of Bitcoin ETFs validates Bitcoin as a credible asset.

Bitcoin ETFs increase accessibility and could broaden investor audience for Coinbase. [ more ]

Axios

Bitcoin tops $60K in bullish run

Bitcoin is approaching its all-time high above $68,000.

SEC approval of a spot Bitcoin ETF fueled Bitcoin's rally and boosted confidence among investors. [ more ]

Coindesk

What Spot Bitcoin ETFs in Canada Say About the U.S.

Spot bitcoin ETFs approval by SEC opens doors for American investors.

Canadian investors show strong adoption of spot bitcoin and ether ETFs. [ more ]

Entrepreneur

3 months ago

Kevin O'Leary Slams Spot Bitcoin ETF Fees, Says Not Buying | Entrepreneur

Kevin O'Leary is not interested in bitcoin ETFs due to the fees associated with them.

He believes that only a few of the approved ETF applications will survive, with companies like BlackRock and Fidelity having the best chance. [ more ]

London Business News | Londonlovesbusiness.com

morecryptocurrency-market

The launch of Bitcoin ETFs creates further price volatility and division

Bitcoin and Ethereum experienced volatility in the cryptocurrency market following the approval of spot Bitcoin ETFs by the SEC. The approval also led to conflict between buyers and sellers, resulting in significant liquidations of open positions. Grayscale Investments CEO and Ripple Labs CEO expressed their support for the historic event. [ more ]

cryptocurrencies

London Business News | Londonlovesbusiness.com

Cryptocurrencies witness an impressive rally in 2024

Bitcoin and other cryptocurrencies have seen a significant rally in 2024.

The SEC's approval of Bitcoin ETFs has boosted investor confidence and contributed to the price surge. [ more ]

New York Post

3 months ago

Bitcoin ETFs trading surges despite SEC chair's warning: 'Speculative, volatile asset'

Trading volume on newly approved Bitcoin ETFs surpassed $5 billion in just two days after launch.

SEC Chairman Gary Gensler warns investors about the speculative and illicit nature of cryptocurrencies. [ more ]

morecryptocurrencies

institutional-investors

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Navigating The Now: Events Leading Up To The Bitcoin ETFs

Bitcoin ETFs have garnered significant attention in the finance and investing world, with major institutions joining the trend.

The approval of Bitcoin ETFs by the SEC marks a significant milestone in the journey of Bitcoin from an experimental currency to a formal security backed by major asset managers. [ more ]

New York Post

moreinstitutional-investors

SEC approves spot bitcoin ETFs in game-changer for crypto industry

The US SEC has approved the first US-listed exchange-traded funds (ETFs) to track bitcoin, with products expected to begin trading on Thursday.

The approval of bitcoin ETFs is a significant milestone for the cryptocurrency industry, offering institutional and retail investors exposure to bitcoin without directly holding it.

Analysts predict that the ETFs could draw billions of dollars into bitcoin, potentially driving up the price of the cryptocurrency. [ more ]

Coindesk

2 weeks ago

Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report

The move by Morgan Stanley to allow its brokers to recommend bitcoin ETFs directly could drive substantial inflows into the funds. [ more ]

www.esquire.com

Should You Buy Bitcoin?

Bitcoin ETFs approved by SEC signal increased acceptance, not necessarily approval

Bitcoin's legitimacy as an investment remains tenuous, caution advised for significant portfolio allocation [ more ]

Harvard Business Review

Is Crypto Cleaning Up Its Act?

Maturing crypto-assets markets due to regulation and innovation

SEC approval of Bitcoin ETFs making investment more accessible [ more ]

Coindesk

Ether ETFs Could Be Bigger Than Bitcoin ETFs, Says VanEck

Investing in an ether ETF may not offer staking rewards, leading to a push for investors to buy and stake their own ether (ETH).

VanEck sees significant potential demand for an ether ETF, comparing it to spot bitcoin ETFs which saw over $10 billion in net inflows in just two months. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Stabilizing Forces: How Bitcoin ETF Inflows Counter Price Volatility

Approval of Bitcoin ETFs by SEC removed institutional investing barrier

Bitcoin ETFs stabilized trading volume and price volatility [ more ]

www.npr.org

Bitcoin hits a record high. Here are 4 things to know about this spectacular rally

Bitcoin reaches record high due to approval of bitcoin ETFs

Bitcoin's rally also driven by optimism in the economy and broader stock market gains [ more ]

New York Post

Bitcoin tops $50,000 for the first time since 2021, signalling massive rebound

Bitcoin surpasses $50,000 for the first time in over two years

Optimism in the crypto sector fueled by expectations of Fed rate cuts and SEC approval of bitcoin ETFs [ more ]

Axios

3 months ago

Bitcoin ETFs have picked up billions

Bitcoin ETFs have seen significant investor flows since their launch last week, with some already competing with broad-market funds in terms of flows.

Nine spot bitcoin ETFs, along with Grayscale's converted trust, received approval from the SEC to list last week. Three of them, including BlackRock's IBIT and Fidelity's FBTC, are in the top 10 in year-to-date flows.

There may be more fund launches on the way, as exchanges have filed to list options on the new bitcoin ETFs and other ETF shops have filed to launch different types of bitcoin ETFs. [ more ]

WSJ

Grayscale Faces New Risk-Management Challenge With Bitcoin ETF Approval

Grayscale Investments must focus on managing risk and communication with participants after the SEC approval of bitcoin ETFs.

The Grayscale Bitcoin Trust saw $2.3 billion in trading volume on its first day as a spot bitcoin ETF. [ more ]

Coindesk

Cathie Wood Sees Bitcoin Price Reaching $1.5M by 2030 After ETF Approval

ARK Invest CEO Cathie Wood predicts bitcoin could reach $1,500,000 by 2030 in a bullish scenario.

Wood also mentioned a bear case of $258,500 and a base case of $682,800 for bitcoin's price. [ more ]

Coindesk

Why Are Bitcoin ETFs Such a Big Deal? Gold Provides a $100 Billion Answer

Bitcoin ETFs have just won SEC approval, leading to high hopes for their potential to transform cryptocurrency investing.

Gold ETFs transformed the gold market two decades ago, leading to a huge rally in gold's price, and some experts believe bitcoin ETFs could have a similar impact. [ more ]

Coindesk

Cboe Says Bitcoin ETFs to Start Trading Thursday, Though the SEC Hasn't Approved Them Yet

Cboe Global Markets plans to list six spot bitcoin ETFs on its stock exchanges.

The listing does not mean that the ETFs have been approved by the SEC. [ more ]

Coindesk

5 months ago