Bitcoin’s price spiked after a fake SEC tweet claimed ETFs were approved – The Verge
The Securities and Exchange Commission's official social media account X (formerly Twitter) posted a false notice on Tuesday night claiming to have approved the listing of a Bitcoin exchange-traded fund (ETF), but it has since been deleted. Shortly after, SEC Chairman Gary Gensler said: Post with your own account The organization's account was “compromised, and […]
SEC says X account ‘compromised,’ bitcoin ETFs not approved
After the SEC's X account posted a post announcing the approval of a Bitcoin exchange-traded fund (ETF), the agency clarified It said the X account had been “compromised” and “has not authorized the listing and trading of Spot Bitcoin exchange traded products.” The post came amid widespread expectations that the SEC would soon give the […]
Spot Bitcoin ETFs: A week of high stakes and expectations – Cointelegraph
As a Bitcoin (BTC) Exchange Traded Fund (ETF) decision approaches, aspiring crypto businesses, investors, and regulators are taking decisive steps to best prepare for the unknown. Total weekly outflows from various Bitcoin short selling products exceeded $1 million, sending the Crypto Fear & Greed Index into the “Extreme Greed” zone. Furthermore, Standard Chartered predicts that […]
SEC reissues crypto 'FOMO' warning amid hopes for spot Bitcoin ETFs – Cointelegraph
The U.S. Securities and Exchange Commission (SEC) has reissued a warning regarding FOMO crypto investments, days before the Spot Bitcoin (BTC) exchange-traded fund is scheduled to be approved. January 6th post to The post Say no go to FOMO appeared first on Blog post The warning was issued on January 23, 2021, amid a crypto […]
Bitcoin ETFs will solve unit bias psychology, says VanEck advisor – Cointelegraph
According to VanEck advisor Gabor Garbacs, the overall price of Bitcoin (BTC) has fallen due to unit-bias psychology, which favors owning a full unit, leading to a potential reluctance to buy just a portion of the cryptocurrency. It is said that this could deter some investors. He suggests that Bitcoin exchange-traded funds (ETFs) are a […]
Crypto-skeptical nonprofit Better Markets urges SEC to deny spot Bitcoin ETFs – The Block – Crypto News
Better Markets, a nonpartisan nonprofit that advocates for stricter financial regulation, urges the Securities and Exchange Commission (SEC) to deny several pending applications for Bitcoin-traded exchange-traded funds (ETFs). A letter was submitted. , a product highly desired by encryption proponents. In a letter, Better Markets co-founder and CEO Dennis M. He claims that it will […]
Grayscale, VanEck and ARK Bitcoin ETFs Register to Trade on Exchanges – Decrypt
The three companies vying to offer spot Bitcoin ETFs in the U.S., Grayscale, VanEck, and ARK, have received approval to trade the funds on their respective exchanges. Grayscale Bitcoin Trust, a Bitcoin investment vehicle for accredited investors, currently trades as a commodity investment product on OTCQX under the ticker GBTC. If Grayscale's bid to convert […]
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 […]