JPMorgan doesn't see more than 50% chance of spot Ethereum ETF approval by May – The Block – Crypto News
JPMorgan is not betting big on the Securities and Exchange Commission approving a Spot Ethereum exchange-traded fund in May, the original deadline for approving a Spot Ethereum exchange-traded fund. “In our opinion, for the SEC to approve a Spot Ethereum ETF in May, it will need to classify Ethereum as a commodity (similar to Bitcoin) […]
Euphoria over Bitcoin ETF as trading volume surges past $4B on just the first day
Bitcoin exchange-traded funds listed in the U.S. are worth $4.6 billion as of Thursday afternoon, as investors pounced on the breakthrough product approved by U.S. securities regulators on Wednesday, according to LSEG data. shares are traded. These products represent a watershed moment for the cryptocurrency industry, testing whether digital assets, which are still considered risky […]
What major analysts say bitcoin ETF approval means for Coinbase shares – CNBC
Cryptocurrency markets are facing a turbulent few days in anticipation and reaction to the Securities and Exchange Commission finally approving trading of 11 new spot Bitcoin ETFs in the United States. These newly launched ETFs are good news for the crypto market. The industry has long been viewed with skepticism by both regulators and institutional […]
BlackRock’s Bitcoin ETF wins approval
Ark Invest CEO Cathie Wood has responded to a hacker who posted an endorsement for a Spot Bitcoin ETF on “The Claman Countdown.” After years of hitting a wall, the Securities and Exchange Commission has finally approved a physical Bitcoin exchange-traded fund, making the cryptocurrency more accessible to Main Street investors, Commissioner Gary Gensler said […]
Ark Invest CEO Cathie Wood addresses bitcoin ETF approval ‘hoax’
Ark Invest CEO Cathie Wood has responded to a hacker who posted an endorsement for a Spot Bitcoin ETF on “The Claman Countdown.” Industry expert Cathie Wood commented on Securities and Exchange Commission (SEC) Chairman Gary Gensler's erroneous post about X that disrupted Bitcoin prices and caused confusion for investors. “I was actually doing an […]
House Financial Services demands SEC briefing on compromised X account, Bitcoin ETF post
Republicans on the House Financial Services Committee on Tuesday demanded that SEC Director Gary Gensler answer the committee's questions about the SEC's X account hack. The SEC's X (formerly Twitter) account posted on Tuesday that the SEC had approved a cryptocurrency ETF, briefly sending Bitcoin prices soaring before it was revealed to be a hoax. […]
Bitcoin Dips, Then Bounces After ETF Approval While Ethereum Tops $2,500 – Decrypt
The U.S. Securities and Exchange Commission (SEC) on Wednesday formally approved trading of the Spot Bitcoin Exchange Traded Fund (ETF), as expected. However, the price of Bitcoin itself has been unstable since then, but it is currently hovering around the level it was at when Bitcoin trading began. The news was a hit. Bitcoin (BTC) […]
Bitcoin ETF Chaos Memorialized on Blockchain, With Nod to 'Chancellors on the Brink' Reference – CoinDesk
A clever jokester pays tribute to the world's biggest blockchain hype as speculation reaches fever pitch over the impending approval of a Bitcoin spot exchange-traded fund (ETF) in the US It seems like he put a lot of effort into it. While analysts speculated that approval could come as early as Wednesday, and that vehicles […]
Twitter Safety: ‘Compromised’ SEC Account Posted Fake Bitcoin ETF Tweet, Didn’t Enable 2FA – Decrypt
Twitter refutes claims that the platform is responsible for fraudulent tweets sent from a U.S. Securities and Exchange Commission account that falsely announced 13 spot approvals Bitcoin ETF on tuesday. After a preliminary investigation into the compromised accounts, Twitter's safety team Said “The breach was not due to a compromise of X's systems, but rather […]
SEC’s Bitcoin ETF debacle was result of employee not utilizing two-factor authentication: X safety
Valkyrie CIO Steven McClurg reacts to companies waiting for spot Bitcoin ETF ruling on 'The Claman Countdown'. Company X's corporate security account determined that Tuesday's post from the Securities and Exchange Commission (SEC) regarding Bitcoin was not the result of a hacking attempt. About 15 minutes after the SEC said on X that Chairman Gary […]