VanEck admits ETF marketing violation, agrees to SEC fine – Cointelegraph
VanEck will pay a $1.75 million fine to resolve charges from the U.S. Securities and Exchange Commission (SEC) related to the 2021 launch of a social media-focused exchange-traded fund (ETF). The SEC imposed a civil penalty on the investment adviser. The SEC disclosed this in a document on February 16th. statement When launching the VanEck […]
XRP Can Hit $23 at $1.29T Market Cap if It Records $500M Daily ETF Inflows for a Year – The Crypto Basic
XRP could achieve its target price of $23.64 with a market cap of $1.29 trillion if it consistently records $500 million in daily ETF inflows for a year. The XRP community Spot-based XRP ETF In the US market. These voices have grown louder as controversy continues over the spot Bitcoin ETF product launched last month. […]
Just In: VanEck Updates S1-A Filing for Spot Ethereum ETF – CoinGape
Investment asset management firm VanEck has taken a strategic step by filing an S1-A form for its proposed Spot Ethereum ETF. Growth pivot to Spot Ethereum ETF According to Bloomberg ETF Senior Analyst James Seifert, VanEck has updated its S1-A filing for the Spot Ethereum ETF with the U.S. Securities and Exchange Commission (SEC). This […]
Big banks are nudging the SEC for a slice of sweet Bitcoin ETF action – Cointelegraph
Major US banks and financial institutions are asking the Securities and Exchange Commission to readjust the definition of crypto assets. This could allow it to play a larger role in the crypto space, such as acting as a custodian for Spot Bitcoin traded on recently approved exchanges. funds. On February 14, a coalition of industry […]
Crypto world, Wall Street await potential spring approval of spot ether ETF
Natalie Brunel, host of the podcast Coin Stories, discusses whether Bitcoin could fall below $20,000 in 2024 on The Big Money Show. A little more than a month after Securities and Exchange Commission Chairman Gary Gensler delivered the decisive vote that led to historic approval of 11 Spot Bitcoin exchange-traded funds, the crypto industry is […]
BlackRock Bitcoin ETF Gains $500M as Wall Street Appetite for BTC Grows – Decrypt
Demand built up over many years Bitcoin (BTC) Exchange-traded funds (ETFs) continue to generate intense activity around the top cryptocurrencies, with this new investment vehicle posting its strongest days ever. BlackRock, the world’s largest fund manager, is leading the way. Yesterday alone, the fund manager’s iShares Bitcoin Trust saw an inflow of $493 million. There […]
Bitcoin price touches $50,000 after spot ETF launches spur demand – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Bitcoin prices on Monday hit $50,000 for the first time since 2021, highlighting the sharp shift in demand for the token since mainstream Bitcoin investment funds launched earlier this year. The industry’s leading cryptocurrency has gained almost […]
Bitcoin eyes $50000 target amid strong ETF inflows – Crypto Briefing
Share this article Bullish momentum continues to build on the back of heavy inflows into Spot Bitcoin Exchange Traded Funds (ETFs), with Bitcoin (BTC) on the brink of breaking the $50,000 threshold.according to data from According to BitMEX Research, net inflows into the Spot Bitcoin ETF jumped from around $68 million at the beginning of […]
Kraken, ETF issuers, and other crypto giants pass on Super Bowl ads: Fox Business – The Block
issued 1 minute ago upon In 2022, Coinbase reportedly spent $14 million on 60-second ads of QR codes moving around the screen. But after a year of no crypto advertising at the Super Bowl, it’s currently unclear whether the nation’s largest exchange plans to run ads at Sunday’s Super Bowl, one of the country’s biggest […]
Bitcoin ETF Issuers May Dwindle by End of Year, Says Valkyrie CIO – Decrypt
Stephen McClurg, chief investment officer at Valkyrie Funds, said the Spot Bitcoin exchange-traded fund (ETF) is approaching its first month of operation, but the ETF space could shrink by the end of the year. Stated. McClurg predicts that only “about seven or eight” of the 10 issuers currently operating will survive.he tells the reason DecryptionThat’s […]