'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 […]
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) […]