Bitcoin Traders Pare Bullish Bias as Spot ETF Deadline Nears – CoinDesk
The way Bitcoin options are priced suggests traders are reducing their bullish bias as the January 10 deadline for approval of spot ETFs by the U.S. Securities and Exchange Commission (SEC) approaches. Options bias tracked by Amber Data shows that calls expiring in one week, one month, two months and three months were trading at […]
Bitcoin ETF Fees Will Play Critical Role in the Race to Popularity – CoinDesk
Of the 13 companies that applied for the Spot Bitcoin exchange-traded fund (ETF), only six have disclosed the amount of their management fees, with hopes that approval could come as early as next week. It became a number. Something prospective investors should keep an eye on. Many factors will determine the popularity and trading volume […]
Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say – CoinDesk
Bitcoin (Bitcoin) It traded just above $43,000 in the European morning hours on Thursday, recouping some of its losses after falling as much as 7% on a leveraged flash on Wednesday as the market reacted to analyst reports. Lucas Keeley, chief investment officer at wealth platform Yield App, said the largest cryptocurrency could rise to […]
Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources – CoinDesk
Goldman Sachs, a well-known investment bank on Wall Street, will play a key role in the Bitcoin ETF that BlackRock and Grayscale want to introduce in the U.S., according to two people familiar with the matter. It is said that there is a high possibility. The company is in talks to become an authorized participant […]