Bitcoin Price Rises With ETF Speculation at Fever Pitch – Barron's
Bitcoin and other cryptocurrencies fell on Friday as the industry fixated on the possibility of approval of an exchange-traded fund (ETF) related to physical trading of Bitcoin. Bitcoin fell 1.5% in the past 24 hours to $43,450. After briefly climbing above $45,000, the largest cryptocurrency now appears to be back in the $42,000-$44,000 trading range […]
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 […]
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 […]
Bitcoin Price Steadies. Where the Market Stands on ETF Approval. – Barron's
Bitcoin and other cryptocurrencies stabilized on Thursday, but volatile trading is likely to continue ahead of the potential approval of an exchange-traded fund (ETF) linked to spot trading in the largest digital currency. Bitcoin rose 2.2% in the past 24 hours to $43,395. The cryptocurrency soared above $45,000 on Tuesday before falling to $41,361 on […]
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 […]
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 […]