Grayscale Proposes 0.15% Fee For Its Bitcoin Mini Trust Fund: Details | Bitcoinist.com

Categories
bitcoin ETF, BlackRock, Eric Balchunas, ETF, Grayscale, SEC

Asset management firm Grayscale has disclosed new details about its new Bitcoin Mini Trust fund, a “spin-off” of the GBTC exchange-traded fund (ETF). The new fund, which was first announced in March, is expected to operate independently and offer a cost-effective investment option to GBTC shareholders. Grayscale Offers Industry-Low Fee With New Fund According to […]

Hong Kong ETFs: Issuers Claim Mainland China Funds Cannot Invest In Crypto Products | Bitcoinist.com

Categories
bitcoin ETF, Bitcoin Spot ETF, ETF, Ether ETF, hong kong, Matrixport

Bitcoin and Ether spot exchange-traded funds (ETFs) are set to receive the final approvals in Hong Kong as early as Monday next week. According to a recent Matrixport report, these investment products could unlock up to $25 billion in demand from Chinese investors through the Southbound Stock Connect program. However, the latest revelations and clarifications […]

Grayscale CEO Reveals When GBTC Fees Will Go Down Amid Concerning Outflows | Bitcoinist.com

Categories
Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT, ETF, ETF news, spot Bitcoin ETF

Grayscale’s Chief Executive Officer (CEO) Michael Sonnenshein recently revealed when his company will reduce fund fees for the Grayscale Bitcoin Trust (GBTC). His statement comes amid concerns about outflows from the fund, which have continued to overwhelm the Bitcoin ecosystem.  GBTC Fees Will Drop When This Happens According to a Cointelegraph report, Sonnenshein mentioned during […]

Will He Be Right? Ripple CEO Predicts Crypto Market To Hit $5 Trillion

Categories
Altcoins, Bitcoin, Brad Garlinghouse, Crypto, Crypto News, ETF, ripple

The crypto market could be on the cusp of a major boom, according to Brad Garlinghouse, CEO of blockchain company Ripple. In an interview with CNBC, Garlinghouse predicted that the total market capitalization of the crypto market could double by the end of 2024, reaching a staggering $5 trillion. “I’ve been around this industry for […]

Ethereum Spot ETF On Thin Ice? Expert Predicts 25% Approval Odds Amid SEC Silence

Categories
Altcoin, Crypto, Crypto ETF, ETF, ETF Analyst, ETH, Ethereum, ethereum etf, Ethereum Prediction, Ethereum Spot ETF, ETHUSDT

The discussion surrounding approving a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) is intensifying as the decision announcement date rapidly approaches. Bloomberg’s Senior ETF Analyst, Eric Balchunas, has shared a rather cautious outlook, estimating the likelihood of an ETH spot ETF receiving the green light at a mere 25%. […]

SEC Delays Decision On Grayscale’s Ethereum ETF – Here’s The New Deadline | Bitcoinist.com

Categories
ETF, ETH ETF, ethereum etf, Ethereum Futures ETF, Grayscale, James Seyffart, Spot Ethereum ETF

The United States Securities and Exchange Commission (SEC) has announced an extension – yet again – of the deadline for asset management firm Grayscale’s Ethereum Futures Trust exchange-traded fund (ETF). Initially published for comment in the Federal Register on October 3, 2023, the SEC claims to be extending the deadline to have “sufficient time to […]

Bitcoin Spot ETFs Hits $150 Billion Trading Volume Milestone Amid Market Mayhem — What’s Next?

Categories
Bitcoin, bitcoin ETF, Bitcoin Spot ETF, btc, BTCUSDT, Crypto, ETF, Spot ETF

As of the latest data, the US spot Bitcoin Exchange-Traded Funds (ETFs) have surged past a notable milestone, with cumulative trading volume breaching the $150 billion mark on March 19. This development is particularly noteworthy considering the spot ETFs‘ relatively short period in the market, following their approval by the Securities and Exchange Commission (SEC) […]

Vanguard CEO Double Down On Anti-Bitcoin ETF Stance – Details

Categories
Bitcoin, btcusd, BTCUSDT, ETF, spot Bitcoin ETF, Vanguard

Vanguard Chief Executive Officer Tim Buckley has once again reiterated the investment giant’s stance against the adoption of spot Bitcoin ETF. In a video release also featuring the company’s Chief Investment Officer Greg Davis, Buckley highlighted reasons backing Vanguard’s decision to be a non-partaker in the bubbling Bitcoin ETF market. Bitcoin Too Volatile, Not Worthy […]

All Eyes On SEC As Spot Ethereum ETF Issuers Gear Up For March Meeting

Categories
Bitcoin, Crypto, Crypto News, ETF, ETH, Ethereum, Gary Gensler, News, SEC

The cryptocurrency market is abuzz with anticipation as multiple issuers vie for a spot on the Ethereum ETF landscape. Following the successful launch of spot Bitcoin products, the quest for Ether-based investment vehicles has gained momentum. However, the path ahead is fraught with challenges, as the US Securities and Exchange Commission continues to delay decisions […]

This $30 Billion Investment Firm Has Added Bitcoin Exposure For Its Clients

Categories
Bitcoin, Bitcoin Spot ETF, Carson Group, ETF

Carson Group, a $30 billion registered investment advisory firm, recently announced that it is now providing its clients exposure to spot Bitcoin for the first time. Spot Bitcoin exchange-traded funds (ETFs) have become immensely popular even before approval from the SEC in January. These funds allow investors to gain exposure to Bitcoin without actually owning […]

Market Expert Slams Spot Bitcoin ETFs As “Giant Mistake”, Here’s Why | Bitcoinist.com

Categories
Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, Bitcoin Spot ETF, btc, btc price, btcusd, BTCUSDT, ETF, ETF news, spot Bitcoin ETF

Since its launch in January, Spot Bitcoin ETFs have been growing steadily, gaining widespread adoption amongst investors and traders. However, despite its surging popularity, Jim Bianco, President and Macro Strategist at Bianco Research, has expressed his beliefs that launching Spot Bitcoin ETFs was a “Giant mistake”.  The renowned Wall Street professional has highlighted substantial shortcomings […]

Bitcoin ETFs Record $2.2 Billion Net Inflows In Past Week | Bitcoinist.com

Categories
Bitcoin, bitcoin ETFs, bitcoin price, btc, BTCUSDT, ETF, Spot Bitcoin ETFs

Bitcoin ETFs (exchange-traded funds) had another positive performance over the past week, with billions of dollars flowing into the crypto investment products. The latest data by BitMEX Research shows that the Bitcoin spot ETFs recorded more than $2.2 billion in total inflows between February 12 and February 16. According to Bloomberg analyst Eric Balchunas, this […]