Spot Bitcoin ETFs have made a notable impact in the financial world, attracting significant inflows and driving the price of Bitcoin to its highest level in over two years, currently at $49,900, after briefly touching the $50,200 mark. According to a Bloomberg report, these ETFs have achieved “unparalleled success” in trading measures, attracting billions of […]
CFTC Chair Raises Concerns Over Bitcoin ETFs ‘Thin Regulation’, Warns Of Market Integrity Risks | Bitcoinist.com
In a long-awaited move, Bitcoin ETFs have finally entered the market after receiving approval from the US Securities and Exchange Commission (SEC) on January 11. However, the Commodity Futures Trading Commission (CFTC) chair, Rostin Behnam, has expressed concerns about the regulatory landscape surrounding these new index funds. CFTC Chair Questions Suitability Of Bitcoin ETFs In […]
After last week’s historic approval of Spot Bitcoin ETFs (Exchange Traded Funds) by the US Securities and Exchange Commission (SEC), investors worldwide wonder about the possibility of this financial product launching in their countries. A local source released a report on January 17 stating that Thailand’s SEC has rejected the trading of ETFs in the […]
BlackRock CEO Links Bitcoin To Gold, Eyes Potential Ethereum Spot ETF | Bitcoinist.com
In a significant development for the cryptocurrency market, the long-awaited Bitcoin (BTC) exchange-traded funds (ETFs) have finally received approval from the US Securities and Exchange Commission (SEC). BlackRock CEO Larry Fink, a seasoned veteran in the financial industry, has made noteworthy statements regarding BTC while also expressing interest in an Ethereum (ETH) spot ETF. Ethereum […]
Bitcoin ETFs Shut Out: Vanguard And Merrill Lynch Deny Customers Access | Bitcoinist.com
The cryptocurrency market has received a major regulatory boost with the approval of Bitcoin (BTC) to trade on the largest US exchanges through Bitcoin ETFs offered by some of the world’s largest asset managers. However, despite this regulatory success, Vanguard and Merrill Lynch, two prominent institutions in the United States, have chosen not to offer […]
As the final deadline for the SEC’s decision on spot Bitcoin ETF applications arrives, the crypto community finds itself in a state of both excitement and chaos. This follows the dissemination of a “fake news” report on Tuesday falsely claiming the approval of these applications. However, experts now suggest that the long-awaited approval is indeed […]
As the January 10th deadline approaches for potential approval of the Bitcoin ETF applications by the US Securities and Exchange Commission (SEC), Valkyrie Investments co-founder and CIO Steven McClurg has expressed optimism for the entire crypto community. Valkyrie Investments plans to launch its spot Bitcoin ETF, named Valkyrie Bitcoin Fund, with the ticker BRRR. McClurg […]
In a highly anticipated week for the crypto industry, the approval or rejection of Bitcoin ETF applications hangs in the balance. As the largest asset managers in the world vie for SEC approval, recent updates in their filings have sparked optimism within the crypto community. Bitwise And VanEck Lead The Pack According to FOX Journalist […]
SEC Chair Gensler Cautions Investors As Bitcoin ETF Launch Looms: Key Details Revealed | Bitcoinist.com
As the crypto community eagerly awaits the SEC’s decision on Bitcoin ETF applications, SEC Chair Gary Gensler has issued a list of considerations for potential investors in the crypto market. Gensler, known for its skeptical stance on cryptocurrencies, aims to remind investors of the risks associated with the industry. The advisory serves as a timely […]
Startup Founded By Ex-Citigroup Execs To Launch Bitcoin-Backed Securities | Bitcoinist.com
A recent Bloomberg report revealed that a group of former Citigroup executives had introduced an investment offering called Bitcoin (BTC) depositary receipts (BTC DRs). These securities, backed by the largest cryptocurrency in the market, are being positioned as an alternative to spot-Bitcoin exchange-traded funds (ETFs) that require approval from US regulators. The startup behind this […]
Bitcoin ETF Outlook: Matrixport, 10x Research Predict Rejection; Bloomberg Remains Hopeful | Bitcoinist.com
As the deadline approaches for the approval or rejection of the highly-anticipated Bitcoin ETF applications by major asset managers, a clash of predictions has emerged. With just two days remaining until the expected news from the US Securities and Exchange Commission (SEC), crypto investment services provider Matrixport and 10x Research expect the regulator to reject […]
The US Securities and Exchange Commission may approve a spot Bitcoin ETF, according to recent speculations that rocked the digital asset market. Due to these conjectures, Bitcoin surged to over 6% on the second day of 2024, breaking beyond $45,000 for the first time since early April 2022. The excitement surrounding the ETF clearance suggested […]