SEC, stock exchange officials meet ahead of potential spot bitcoin ETF approval
Pump Investments investor Anthony Pompliano discusses whether a spot Bitcoin ETF will be approved in January on “Making Money.” A series of meetings between the Securities and Exchange Commission and several stock exchanges has increased confidence that approval of the long-awaited Spot Bitcoin exchange-traded fund may be imminent. FOX Business has learned that SEC staff […]
Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources – CoinDesk
Goldman Sachs, a well-known investment bank on Wall Street, will play a key role in the Bitcoin ETF that BlackRock and Grayscale want to introduce in the U.S., according to two people familiar with the matter. It is said that there is a high possibility. The company is in talks to become an authorized participant […]
Bitcoin drops more than 5%, giving back all of its new year gains as traders stay on ETF watch – CNBC
The decline comes after the Nasdaq suffered its worst day since October as traders exited tech stocks after they led gains in 2023. Stocks fell Wednesday, but bond yields rose. “TradFi assets stumbled at the gate in 2024, which may have contributed to increased risk aversion,” said Zach Pandle, director of research at Grayscale Investments. […]
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 […]
Spot Bitcoin ETF: Blackrock, JP Morgan Prep For Imminent Spot Bitcoin ETF Nod – CoinGape
Investment management firm BlackRock and Wall Street giant JPMorgan have reportedly asked employees to prepare for the impending spot approval of a Bitcoin ETF from the U.S. Securities and Exchange Commission (SEC). BlackRock previously named JPMorgan as the Lead Authorized Participant (AP) in its recent ETF application. Also read: Cryptocurrency transactions over $10,000 will face […]
Grayscale Bitcoin ETF: Here’s What’s in the Latest SEC Filing – Decrypt
Crypto asset management firm Grayscale has once again amended its Bitcoin exchange-traded fund (ETF) filing with the Securities and Exchange Commission, but it is missing key parts. In the latest amendment, Grayscale did not say who would partner with it as an authorized participant. In the world of ETFs, an authorized participant is an entity […]
Bitcoin climbs atop $45,000 for the first time in more than a year as ETF hopes build – MarketWatch
Last updated: January 2, 2024 at 2:50 a.m. ET First published: January 2, 2024 at 2:38 a.m. ET Cryptocurrencies are off to a strong start to 2024, with Bitcoin in particular soaring above $45,000 on Tuesday, its highest level since April 2022. Bitcoin BTCUSD rose to $45,296 after ending 2023 at just over $42,500. Excitement […]
Crypto Analyst Predicts Delay in XRP ETF Until Legal Case Resolved – Coinpedia Fintech News
As the U.S. Securities and Exchange Commission prepares to decide on several Bitcoin ETF applications in early 2024, prominent crypto analyst Rathof Kahneman discusses the possibility of an XRP exchange-traded fund (ETF). Added consideration. Pro-ZRP influencer WoK claimed that an XRP ETF is unlikely to materialize until major developments occur. The emergence of virtual currency […]