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SEC pushes back BlackRock, Fidelity spot Ethereum ETF proposals – Cointelegraph

The U.S. Securities and Exchange Commission (SEC) has postponed its decision to approve or deny BlackRock and Fidelity’s Spot Ether (ETH) exchange-traded fund (ETF). Separately March 4th Documents to be submittedthe SEC announced that its decision on BlackRock’s iShares Ethereum Trust and Fidelity Ethereum Fund applications will be delayed. The SEC first deferred a decision […]

BlackRock and Fidelity Capitalize on FOMO From Bitcoin ETF Mania – Yahoo Finance

(Bloomberg) — Bitcoin’s breakneck rally has generated record inflows into spot Bitcoin ETFs, solidifying the new asset class’s popularity with investors. Most Read Articles on Bloomberg BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Investments’ WiseOrigin Bitcoin Fund (FBTC) to become the “Newborn Nine” received 79% of the total inflow amount. Directly in Bitcoin — since […]

Bitcoin Scales $60,000 as ETF Demand Puts Record High in Sight – Yahoo Finance

(Bloomberg) — At the heart of the bull market that is pushing Bitcoin toward all-time highs is a simple economic principle: supply and demand. Most Read Articles on Bloomberg Demand for the token from U.S. exchange-traded funds (ETFs) is outpacing the amount of Bitcoin that long-term holders are willing to sell. This has ignited the […]

Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein – CoinDesk

ether (Ethereum)the world’s second-largest cryptocurrency has surpassed its larger rival Bitcoin (Bitcoin), up 33% year-to-date. This rally is Possibility of approval In a research note on Monday, broker Bernstein said of spot exchange-traded fund (ETF) investment amounts. First, Ether supply is deflationary and has not increased since the advent of the Ethereum blockchain. shift The […]

Expert Predicts When BlackRock Could Potentially Launch XRP ETF – The Crypto Basic

Industry commentators have speculated that the BlackRock ETF’s application for XRP will take place after the resolution of the SEC vs. Ripple lawsuit. Renowned crypto industry commentator Ashley Prosper has predicted when BlackRock will file for an XRP spot-based exchange traded fund (ETF). In a recent post, Prosper claimed that it is a well-known fact […]

Coinbase Backs Grayscale's Ethereum ETF: 'Virtually Identical' to Bitcoin ETFs – Decrypt

Cryptocurrency exchange Coinbase supports Grayscale’s application to convert its current Ethereum Trust product to offer a spot Ethereum exchange-traded fund (ETF) and has received approval from the U.S. Securities and Exchange Commission (SEC). I asked for it. As the only cryptocurrency exchange traded on a U.S. stock exchange, Coinbase is a prominent voice in the […]

Crypto no longer outsider at famed Miami Beach ETF conference

Bitcoin Foundation Chairman Brock Pierce discusses Bitcoin’s performance in the wake of ETF declines and former President Trump’s concerns about digital currencies. Cryptocurrency is largely overlooked in the traditional financial world. Not so much these days, but as a reporter for Cryptocurrency Beat, one of the best examples of the mainstreaming of the digital asset […]