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 […]
American Investment management company Vanguard Group is currently facing severe backlash after reportedly rejecting customers’ requests to access and trade Spot Bitcoin ETFs on the platform. Vanguard Experiences Mass Customer Exodus The recent approval of Spot Bitcoin ETFs on Wednesday, January 10, has set off a surge in trading activities among numerous investors. Consequently, investment […]
VanEck CEO Jan van Eck has disclosed on CNBC’s “ETF Edge” that the much-awaited spot Bitcoin Exchange-Traded Funds (ETFs) are set to commence trading on Thursday, January 11. This follows yesterday evening’s last minute request from the US Securities and Exchange Commission (SEC) for additional comments on the S-1 filings from all applicants. Despite initial […]
As the January 10 deadline for the approval of the much-anticipated spot Bitcoin exchange-traded fund (ETF) draws near, the United States Securities and Exchange Commission (SEC) is reportedly grappling with an overwhelming amount of paperwork. An approval by the end of today seems rather unlikely, although the latest surge in the Bitcoin price shows that […]
The potential of Bitcoin for a significant price shift is under scrutiny as Jon Najarian, a seasoned options trader, shares insights on the market. He specifically looked into the possible impact of a spot Bitcoin ETF. He believes that the introduction of such an ETF could trigger a substantial surge in the top crypto, estimating […]
In a recent interview with CNBC, the Securities and Exchange Commission (SEC) Chair Gary Gensler mentioned that the Commission is taking a “new look” at the pending Spot Bitcoin ETF applications. His comment suggests that the SEC may be looking to do things the right way now despite any reservations Gensler or the Commission might […]