Bitcoin ETF approval would be a 'historic mistake,' says Better Markets CEO – Cointelegraph
Dennis M. Kelleher, CEO of the nonprofit group Better Markets, has called on the U.S. Securities and Exchange Commission (SEC) not to approve a spot Bitcoin exchange-traded fund (ETF). He argued that this was contrary to the regulatory body's core principles. in letter Kelleher wrote to SEC Secretary Vanessa Countryman on January 5, stressing that […]
SEC moves closer to spot Bitcoin ETF approval with 19b-4 amendment filings – Cointelegraph
The U.S. Securities Exchange (SEC) has begun accepting applications from exchanges for listing approval of the Spot Bitcoin (BTC) exchange-traded fund. On January 5th, the 19b-4 amendment was made. It has been submitted For spot BTC ETF applications from asset managers BlackRock, Valkyrie, Grayscale, Bitwise, Hashdex, ARK 21Shares, and Invesco Galaxy. While this filing is […]
Crypto traders gamble $1.5M on Bitcoin ETF approval results – Cointelegraph
As the crypto community anxiously awaits the U.S. Securities and Exchange Commission's (SEC) decision on the Spot Bitcoin (BTC) exchange-traded fund (ETF) filing, some traders are taking advantage of this period of uncertainty to I'm betting on whether it will be approved by the 2nd of the month. 15. At Polygon-based gambling site Polymarket, traders […]
'Rumor mill' goes into overdrive for a spot Bitcoin ETF approval tomorrow – Cointelegraph
Speculation that the SEC is scheduled to approve a Spot Bitcoin (BTC) exchange-traded fund (ETF) on Friday has reached a fever pitch on social media. In addition to the reporter's widely shared tweet, Grayscale's head of legal affairs tweeted that they “just filled out a form,” fueling speculation that approval could come the next day. […]
Only 39% of financial advisers believe a Bitcoin ETF will be approved in 2024: Bitwise – Cointelegraph
While many crypto holders in the US are looking forward to the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF), one group of financial experts appears pessimistic about the outlook. According to a study by ETF issuer Bitwise released on January 4, only 39% of financial advisors are based in the United States. believe […]
Grayscale in talks with JPMorgan, Goldman Sachs for Bitcoin ETF role: Report – Cointelegraph
Crypto asset management firm Grayscale Investments is reportedly in talks with firms including JPMorgan and Goldman Sachs for a potential role in a proposed Spot Bitcoin (BTC) exchange-traded fund (ETF). Discussions are underway. bloomberg report Grayscale announced on January 4 that it had held discussions with both investment banks about the role, citing sources familiar […]
Tuttle Capital proposes 6 ETFs that 'magnify' spot Bitcoin ETF performance – Cointelegraph
Tuttle Capital Management, an exchange-traded fund (ETF) issuer, It has been submitted Worked with U.S. securities regulators on six proposed leveraged and inverse Bitcoin ETFs in hopes of providing “enhanced” returns from spot Bitcoin ETFs. On January 3, Tuttle Capital filed with the Securities and Exchange Commission three N1-A forms that investment companies use to […]
BlackRock expected to seed ETF with $10M worth of BTC – Cointelegraph
BlackRock, the world's largest asset manager and one of the leading candidates in the race to issue the first U.S. spot Bitcoin ETF, purchased $10 million worth of Bitcoin (BTC) on January 3, 2024. It was reported that this is expected. Analyst. On December 23rd, market research analyst James Seifert posted on X (formerly Twitter) […]
Spot Bitcoin ETF will pave the way for pension fund investment: CBOE – Cointelegraph
The Chicago Board of Options Exchange (CBOE), America's largest options exchange, says spot Bitcoin (BTC) exchange traded funds (ETFs) will attract a whole new wave of institutional investors. January 2nd interview CBOE Digital President John Palmer said on Bloomberg TV that the approval opens the door to a new wave of institutional and ultimately retail […]
Bitcoin halving 2024 – miners predict potential outcomes of reduced BTC rewards – Cointelegraph
Leading Bitcoin mining companies have emphasized the need for efficiency to remain profitable and operational beyond the 2024 halving. Cointelegraph contacted several mining companies to find out the expected impact of the Bitcoin halving on the industry and the impact on small and large miners. The Bitcoin protocol is built to reduce the amount of […]