etf
What Is a Bitcoin ETF?
Bitcoin ETF is a type of security that tracks the overall price of Bitcoin and enables investors to trade and purchase shares of it on traditional exchanges.
Fidelity Investments Seeks Approval for a US Bitcoin ETF
The US asset management giant, Fidelity Investments, applies for a Bitcoin ETF in the U.S.
Bitwise Recruits BNY Mellon as Transfer Agent for Proposed Bitcoin ETF
On Wednesday, Bitwise amended its Bitcoin ETF S-1 form listing BNY Mellon as the administrator, transfer agent and ETF custodian. The amendment also listed Foreside Fund services as the marketing agent and Cohen & Co…. Read More
US SEC Rejects Bitwise Proposal to List Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has rejected a proposal filed by Bitwise Asset Management to list a Bitcoin (BTC) exchange-traded fund (ETF).
US SEC Reopens Rejected Bitwise BTC ETF For Review
The United States Securities and Exchange Commission (SEC) has announced that it will revisit and review its previous decision to reject Bitwise Asset Management and NYSE Arca’s filing for a Bitcoin (BTC) exchange-traded fund (ETF).
VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review
On September 17, the US Securities and Exchange Commission (SEC) officially announced that the Chicago Board Options Exchange’s (CBOE) Equity Exchange had withdrawn its application for the VanEck/SolidX bitcoin ETF proposal on September 13.
Why The U.S. SEC Should Approve Its First Bitcoin ETF
The US SEC should approve its first Bitcoin ETF products, a move that can enable more mainstream investors to get exposure to the digital asset.
SEC Reschedules Decision-Making on Bitcoin ETF Proposals
The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.
Bitcoin Plunges Despite Tesla's Bitcoin Announcement and Reports of Fidelity's ETF Filing
Bitcoin is down despite Fidelity's ETF filing and Tesla's announcement that the company will welcome Bitcoin payments.
US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling
The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based Wilshire Phoenix.
‘The SEC Has to Give its Decision: Yes or No’ to Bitcoin ETF Approval, says Bitwise
The Securities and Exchange Commission (SEC) previously set an Oct. 13 deadline for approving Bitwise Investments’ Bitcoin exchange-traded fund (ETF). With Bitcoin’s high volatility this year, its performance in 2019 remained bullish, although falling by over 20% in one week in September. Bitcoin reached its lowest level in July while hitting its high of over $11,000 in June 2019.
Scaramucci's SkyBridge Capital Applies for Bitcoin ETF as Institutional Sentiment Remains Bullish for BTC
The approval of Canadian-based Bitcoin ETFs has led many to wonder when the United States Securities and Exchange Commission (SEC) will approve one of its own. Currently, Anthony Scaramucci’s hedge fund, SkyBridge Capital, has tried its luck by filing a request with the SEC for a Bitcoin ETF.
Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale
Millennium Management has gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC).
Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF
Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.
Samsung Investment Exploring Hong Kong Spot-Bitcoin ETF
Samsung Asset Management is exploring a Hong Kong spot Bitcoin ETF. The Hong Kong Exchanges and Clearing Market, Asia's sole Bitcoin futures exchange, launched the company's Bitcoin futures ETF on Jan. 13.
Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection
ARK Invest CEO Cathie Wood reports a shift from traditional gold investments to Bitcoin, driven by spot Bitcoin ETFs and its increasing 'risk-off' role, especially during economic uncertainties like the regional bank crisis.
US Congressman Proposes Safe Harbor for Digital Token Issuers in a New Bill
A new bill has just been sponsored by an American lawmaker from North Carolina, Patrick McHenry, seeking to grant a safe harbor for some token transactions
Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.
Defiance ETFs' Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the NFT index.
Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High
Bloomberg predicted in its recent report that Bitcoin’s price in 2020 could reach double of last year’s high of $14,000. It further suggested that adoption is the primary Bitcoin metric, and Bloomberg takes a positive outlook on this end. Bitcoin’s price has seen a 60% decline in 2014, and at the end of 2016, Bitcoin matched the peak in 2013. If Bitcoin chooses to follow the same trend as 2016, with a 75% decline in 2018, Bitcoin is headed towards $20,000, according to Bloomberg.
ProShares to Launch First Ether ETF and Blended Crypto Funds
ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.
Invesco Puts Blame on U.S. SEC Rules for Decision to Withdraw Bitcoin Futures ETF
Invesco eventually talked about what prompted it to pull out its filing for Bitcoin futures ETF. The firm faulted SEC rules for the disaster.
CSOP to List First Metaverse Concept ETF on HKEX
CSOP Asset Management Limited is set to launch Hong Kong's first Metaverse exchange-traded fund on February 21, 2022, according to the company's disclosure document.
SEC's XRP and Grayscale Bitcoin ETF Cases Challenged by US House Majority Whip Tom Emme
House Majority Whip Tom Emmer criticizes the US Securities and Exchange Commission's (SEC) approach to cryptocurrency regulation, citing legal losses against Ripple and Grayscale. Emmer questions the agency's treatment of Bitcoin futures ETFs and spot ETFs, adding to ongoing debate.
Bitwise Explains Bitcoin ETF Mechanics: A FAQ Guide
Bitwise Investments provides answers to common investor questions about Bitcoin ETFs.
Purpose Ether Staking Corp. ETF Launches on Canadian Stock Exchange
The Purpose Ether Staking Corp. ETF has debuted on the Canadian Stock Exchange Cboe and is now tagged on Arkham under the 'Purpose Investments' Entity.
ETF Outflows and Market Pressures: Is a Bottom for Bitcoin (BTC) Near?
Examining the recent ETF outflows and various market pressures impacting Bitcoin (BTC) and the broader crypto market, with insights from Bitfinex Alpha.
Galaxy Digital: Ethereum (ETH) ETFs Expected to Launch in July 2024, SEC Approval Sparks Market Excitement
The SEC has approved 10 Ethereum (ETH) spot ETFs, expected to launch in July 2024, with potential net inflows of $1 billion per month.
Prospects of a Solana (SOL) ETF: What Lies Ahead?
VanEck and 21Shares' Solana ETF proposal sparks optimism and regulatory scrutiny, highlighting the potential for institutional investment in Solana.
Solana ETF, MiCA Framework, and Ethereum's Reth Client Highlight Weekly Top Stories
Key highlights include VanEck's Solana ETF filing, MiCA framework in the EU, and the release of Ethereum's production-ready Reth execution client.
Solana (SOL) ETF: Opportunities and Challenges in the Financial Market
VanEck and 21Shares propose a Solana (SOL) ETF, sparking debates on its potential impact and challenges in the crypto market.
Bullish Signals Propel Bitcoin (BTC) to 39-Day High Amid Market Resilience
Bitcoin (BTC) hits a 39-day high of $68,560 amid strong bullish signals, ETF inflows, and market resilience, according to Bitfinex Alpha.
Arkham Intelligence Identifies Onchain Locations for All ETH ETFs
Arkham Intelligence has identified the onchain locations of all Ethereum (ETH) ETFs, marking a significant milestone in the cryptocurrency space.
Ethereum ETF Launch Sparks Significant Market Interest, But Trails Bitcoin ETFs
The launch of Ethereum ETFs marks a milestone in integrating digital assets with traditional finance, drawing interest from financial giants like BlackRock and Fidelity.
Ethereum (ETH) ETF Launch: Market Reactions and Initial Performance
The launch of Ethereum ETFs marks a significant milestone, making Ether accessible through familiar investment tools. Major financial institutions have shown interest.
ETFs: Catalysts for Bridging Traditional Finance and Web3 Adoption
ETFs are pivotal in merging traditional finance with Web3, offering regulated access to blockchain investments. Learn how ETFs are driving mainstream Web3 adoption.
Ethereum (ETH) Underperforms Amid ETF Struggles and Market Dynamics
Ethereum ETFs face significant outflows and underperform compared to Bitcoin ETFs, influenced by aggressive market activities and macroeconomic factors.
Ethereum (ETH) Struggles as Outflows Increase, Lagging Behind Bitcoin (BTC)
Ethereum ETFs face significant outflows, contributing to ETH's underperformance compared to Bitcoin. Market trends and economic factors will play a crucial role in future dynamics.
Binance Launches ETH ETFs Knowledge Game with Rewards
Binance introduces a Word of the Day (WOTD) game focused on ETH ETFs, offering users a chance to earn Binance Points and trading fee discounts.
VanEck Launches First-Ever Fabless Semiconductor ETF (SMHX)
VanEck introduces the Fabless Semiconductor ETF (SMHX), offering investors strategic exposure to the rapidly growing fabless semiconductor sector.
VanEck's Green Bond ETF (GRNB): A Comprehensive Overview
VanEck's Green Bond ETF (GRNB) focuses on sustainable investments in renewable energy and clean transportation projects. Discover its benefits and risks.
VanEck's ESPO ETF: Insights into the Gaming and eSports Industry
VanEck's ESPO ETF Q&A highlights the gaming and eSports sector's growth, challenges, and key trends, projecting significant market expansion.
SFC Facilitates Distribution of Research Reports for Eligible ETFs under Stock Connect
The SFC announced new arrangements to ease the distribution of research reports for eligible ETFs under the Stock Connect program.
Significance of Ethereum ETPs Versus ETFs: Key Differences and Implications
Explore the critical differences between Ethereum ETPs and ETFs, their implications for the crypto industry, and the broader financial market.
Exploring Income Investment Opportunities with VanEck ETFs
Discover VanEck's diverse range of income-focused ETFs, offering strategic opportunities across various market segments, including CLOs, high-yield bonds, and mortgage REITs.
Institutional Engagement and Staking Surge: Insights from Coinbase and Glassnode's Q4 Crypto Report
Explore the latest trends in crypto markets, including Bitcoin ETFs, Ethereum staking, and stablecoins, as highlighted in Glassnode and Coinbase's Q4 report.
Spot Bitcoin ETFs: A Crucial Driver in Crypto Market Dynamics
Spot Bitcoin ETFs accumulate significant BTC, influencing crypto market dynamics with sustained demand and institutional interest, according to BinanceResearch.
Record Inflows for Bitcoin ETFs, Solana Outpaces Ethereum in Weekly Fund Flows
Bitcoin ETFs experienced record inflows of $3.12 billion last week, while Solana outpaced Ethereum with $16 million in inflows, according to CoinShares.
Bitcoin (BTC) Nears $100,000 Milestone Driven by ETF Inflows and Institutional Demand
Bitcoin approaches an unprecedented $100,000, fueled by significant ETF inflows and robust institutional demand, despite facing profit-taking pressures at its all-time high.
Bitcoin (BTC) Surges to New Heights Amidst Robust Capital Inflows
Bitcoin's price hits an all-time high of $93k, driven by $62.9 billion capital inflows, with ETFs playing a critical role in stabilizing the market.
Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development
Bitwise Bitcoin ETF (BITB) is a low-cost, regulated ETF for U.S. investors, offering a traditional route to investing in bitcoin. With a 0% management fee for the first six months, BITB could pave the way for more cryptocurrency-based investment products.
Valkyrie Bitcoin Mining ETF to List on Nasdaq
American asset and index fund manager Valkyrie will list on the Nasdaq on Tuesday, February 8, under the ticker symbol "WGMI."
Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge
As crypto ETFs gain SEC approval, Coinbase Custody emerges as the trusted custodian for digital assets, leveraging advanced security and regulatory compliance.
Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion
In 2023, the number of Bitcoin wallets with over $1 million increased by 237%, indicating a significant shift in cryptocurrency wealth and market dynamics.
Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach
Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.
SEC Approves VanEck to Launch the Second Bitcoin Futures ETF in the U.S. Markets
The second Bitcoin-futures EFT is set to begin trading next week. The US SEC has made another important move by allowing VanEck to launch trading of its Bitcoin-futures ETF.
WisdomTree to Liquidate Five ETFs by October 20, 2023
WisdomTree plans to close and liquidate five of its ETFs, including Chinese Yuan Strategy Fund, India ex-State-Owned Enterprises Fund, U.S. Growth & Momentum Fund, Germany Hedged Equity Fund, and Growth Leaders Fund. Shareholders who retain their shares after October 2023 will face automatic cash redemption. WisdomTree offers various ETPs and blockchain-enabled solutions.
US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF
US lawmakers Tom Emmer and Darren Soto have stated that they would like to see the US SEC pave the way for Bitcoin spot ETF approval.
Hong Kong Embraces Virtual Asset Spot ETFs
Hong Kong is set to become the first market in Asia to allow Virtual Asset Spot ETFs, with around ten fund companies preparing for launch. This move signifies a major shift in the region's approach to virtual assets.
CoinShares to Acquire the ETF Index of Elwood Technologies, Owned by Ellen Howard for $17M
Elwood Technologies, a cryptocurrency company of hedge fund giant Allen Howard, sold its ETF index to CoinShares for $17 million.
Grayscale Launches New Entity to Manage Growing Funds
Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.
BlackRock reschedules its $10 million Bitcoin investment to January 5, 2024
BlackRock, the world's largest asset manager, is rescheduling its $10 million investment in Bitcoin to January 5, 2024, as a major step towards launching the first spot Bitcoin ETF.
Grayscale Files for Three New Crypto ETFs
Grayscale Investments has filed a registration statement with the SEC for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF. Grayscale also announced the launch of its Grayscale Funds Trust to manage its publicly traded financial products in-house.
Sofi Launches Into Cryptocurrency Trading with Sofi Trading
The existence and relevance of Bitcoin and other cryptocurrencies have stirred interest from different businesses across various sectors. This is accompanied by the launch of Sofi's exchange platform which offers to make the process of trading more seamless
The US SEC Asks Valkyrie to Withdrawal Its Leveraged Bitcoin Futures ETF
The move by the US SEC shows that the regulator would not approve leveraged Bitcoin ETF applications. Valkyrie recently applied to offer a leveraged Bitcoin futures ETF to investors.
Canadian Bitcoin ETFs Face Outflows as Investors Pivot to US Funds
nvestors are shifting from Canadian Bitcoin ETFs to US-based counterparts, with the Purpose Bitcoin ETF witnessing a significant reduction in holdings.
Invesco Partners with Mike Novogratz’s Galaxy Digital to Rollout Suite of Crypto ETFs
Investment management firm, Invesco, is preparing to make crypto ETFs available to investors. The company has partnered with Galaxy Digital Holdings Ltd to expand its existing exchange-traded funds.
Bitcoin ETF Approval Expected to Propel Market Influx
The fervor surrounding a US-regulated spot Bitcoin ETF is palpable, with its approval expected to significantly bolster Bitcoin's market adoption. Addressing the current inefficiencies in Bitcoin investment, a spot ETF promises cost efficiency, enhanced liquidity, ease of access, and regulatory compliance. The formal recognition by regulators and established financial brands could further fuel Bitcoin's market acceptance. The estimations indicate a substantial market influx post ETF approval, not just within the US but potentially extending to global markets, laying the groundwork for a robust 2024 for Bitcoin, as per the analysis by Charles Yu of Galaxy.
SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight
The U.S. SEC is in advanced discussions with BlackRock on a spot Bitcoin ETF, marking a significant moment in cryptocurrency's mainstream adoption.
Hong Kong's First Spot Bitcoin ETF Gains Approval, Echoing US SEC's Move
Hong Kong Securities and Futures Commission approves its first spot Bitcoin ETF, following the US SEC's lead, signaling a major milestone for cryptocurrency in mainstream finance.
Grayscale Goes to Court After SEC Rejects its Proposed ETF Bid
The United States Securities and Exchange Commission (SEC) dashed the hopes of Grayscale Investments with a rejection of its application to convert the Grayscale Bitcoin Trust product to a full-spot Exchange Traded Fund (ETF)
Asset Manager Invesco Files for 2 Crypto ETFs in the US
American independent investment management company Invesco Ltd has announced the launch of two Exchange Traded Funds in the U.S.
Matrixport: Bitcoin to Hit $50,000 with Imminent Spot ETF Approval
Matrixport predicts Bitcoin price rise to $50,000 due to Bitcoin Spot ETF approval, institutional investment, and market changes. Long-term target $125,000 based on historical data and positive market dynamics.
VanEck To Launch Bitcoin Futures ETF on Cboe Stock Exchange
VanEck is preparing to launch its Bitcoin futures ETF after delays since winning the US Securities and Exchange Commission's (SEC) approval in late Oct.
Holon Partners with Gemini, Launches Australia’s Lowest Fee Crypto ETFs
Holon has launched Australia’s first unlisted retail Bitcoin, Ethereum and Filecoin funds. The crypto funds provide investors with low fees and regulated access to the burgeoning blockchain and crypto worlds.
Purpose Ether ETF Inflowed Surge Past 50,000 ETH
The world’s first Ether Exchange Traded Fund (ETF) by Purpose Investments surpassed 50,000 ETH recently.
FTX Hack Suspect Reactivates Wallet
Blockchain analytics firm Spot On Chain reported a significant movement in a crypto wallet associated with the historic FTX hack on September 30, 2023. The wallet, labeled 0x3e957, transferred 2,500 ETH (approx. $4.2 million) amidst the anticipation surrounding the launch of Ethereum-based ETFs in the U.S. This marks the first activity in the wallet since the hack, with the wallet still holding 12,500 ETH.
Why Cathie Wood’s ARK Investments Skipped Buying the First Bitcoin Futures ETF Shares?
It was unusual that ARK Investments did not buy ProShares Bitcoin futures shares during the debut trading on the public markets. Wood Cathie, the CEO of the investment firm, has given out reasons behind such moves.
Digital Currency Group Raises $700M at $10B Valuation
The Digital Currency Group (DCG) has announced its latest secondary share sale in which it pulled about $700 million in funding.
US SEC Extends Review Period for 7RCC's Bitcoin ETF Listing
The US SEC has extended the review period for 7RCC's Bitcoin ETF listing, with the final decision expected by June 24, with the initial deadline set for May 10. The Bitcoin ETF aims to provide investors with exposure to Bitcoin and incorporate carbon credits.
SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach
The SEC's social media account was compromised, leading to false Bitcoin ETF approval news. This incident has prompted calls for congressional investigation into the SEC for potential market manipulation and cybersecurity lapses.
Grayscale Launches New Crypto Dealer as Genesis Got Incapacitated With 3AC Bankruptcy
Grayscale Investments, one of the largest asset managers in the digital currency ecosystem has launched a new broker-dealer dubbed Grayscale Securities, recent filings with the United States Securities and Exchange Commission show
Cathie Wood: SEC to Approve Multiple Bitcoin ETFs Simultaneously
Cathie Wood predicts the U.S. SEC may simultaneously approve multiple Bitcoin ETFs.
Crypto-Related Funds Witnesses Slow Down of Money Outflow
The third quarter of 2022 has witnessed a slowdown in money flowing out of crypto-related funds, according to a report from Bloomberg on October 1, 2022.
Jacobi Asset Management Firm Wins Approval to Launch Bitcoin ETF In Guernsey
Jacobi, an asset management firm, wins regulatory approval to launch an exchange-traded fund that tracks the prices of Bitcoin for investors across Guernsey.
SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.
Brazil Becomes the First Latin American Country to Get Its First Bitcoin ETF
Brazil’s regulator has approved the first ever Bitcoin exchange-traded fund in Latin America.
Bitcoin’s Parabolic Price Run Pushes the Cryptocurrency's Market Cap Above $1 Trillion
Bitcoin's current bull run has served to push the world’s first and biggest cryptocurrency to a market capitalization of $1 trillion.
Jul 17 Trading Analysis: Even the best pandemic stock couldn't move the needle on earnings
BTC continues to snooze while ALTs continue to put on their dancing shoes with some DeFi names tracking double digit gains on a daily basis this week. If DeFi isn't enough, payments segment is also getting a bid on with Stellar making an announcement that they will be made available on Samsung mobile phones. So what if crypto celebrities and company twitter accounts got hacked, Bitcoin just had another free advertising campaign courtesy of these hackers. Bank of Thailand is also making greater progress in its central bank digital currency as it heads into Phase 3.
Arthur Hayes Talks about BTC and SPX Post U.S. BTC ETF Launch
Arthur Hayes has highlighted the evolving relationship between Bitcoin and the S&P 500, raising questions about market dynamics, liquidity, and future asset trajectory.
Ethereum Falls Below the Short-Term Upward Trend Line - What’s Next?
With the downturn of the entire crypto market, Ether’s price has also fallen below the short-term upward trend line.
ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite
ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.
Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs
The U.S. SEC, under Chair Gary Gensler, has approved several spot Bitcoin ETFs, a significant regulatory shift influenced by a court victory by Grayscale. This decision marks a new era in cryptocurrency regulation, signaling greater acceptance and potential mainstream adoption of digital assets.
SEC's Delay on BlackRock Ethereum ETF Decision Signals Cautious Stance
The SEC has postponed its decision on BlackRock's proposed Ethereum ETF to March 10, 2024. This reflects the regulator's cautious approach toward crypto-based investment products and highlights the need for clearer regulatory frameworks in the digital assets space.
Bitwise and ETF Trends : 64% of US Financial Advisors expect Bitcoin Price to Appreciate Over Next 5 years
Around half of all wealth in America is managed by financial advisors, but how much of that wealth are they comfortable allocating to cryptoassets?
Ark Invest's Cathie Wood Challenges Vanguard's Bitcoin ETF Exclusion Decision
Ark Invest CEO Cathie Wood criticizes Vanguard for excluding Bitcoin ETFs, marking a significant shift in investment preferences as customers move to crypto-friendly platforms. This controversy reflects the evolving dynamics of the financial sector.
Bitcoin Price Surges to All-Time High Of $66,900 Level
Bitcoin has surged $66,900 level, passing the previous price record of $64,889 set in April.
BlackRock's Bitcoin Strategy: Mining Investments and ETF Proposals
BlackRock has invested $411.54 million in Bitcoin mining businesses, including Riot Platforms Inc., Marathon Digital Holdings, Cipher Mining, and Terawulf, and proposed a Bitcoin ETF, despite SEC reluctance, highlighting Bitcoin's growing importance in finance.
Taiwan's Financial Supervisory Commission in Exploratory Phase for Crypto ETFs
Taiwan's Financial Supervisory Commission is cautiously considering the introduction of cryptocurrency ETFs, focusing on self-regulation and gradual liberalization in the digital asset market.
ETH ETF Approval Faces Uncertainty Amid Market Turbulence and SEC Resistance
Crypto legal expert Jake Chervinsky expresses skepticism over ETH ETF approval in 2024, highlighting SEC's political concerns and market volatility.
Invesco Mutual Fund Files to the India‘s SEC to Invest in Blockchain Fund
The fund management giant Invesco Mutual Fund has submitted documents to the SEC of India to invest in Invesco Elwood Global Blockchain UCITS Exchange Traded Fund.
Vitalik Buterin's USDC Transfer, Market Crash and USDC Depegging
Vitalik Buterin, the co-founder of Ethereum, recently executed a transaction that involved transferring 3,300 USD Coin (USDC) amidst a market downturn. This event coincided with Ethereum's price falling by more than 10%, reaching a low of $2,100, and a significant depegging of USDC by 24% against USDT.
Coinbase Up 69%, MicroStrategy Up 74% From Lows
Since its Jan 6 lows, Coinbase's share price has climbed 69%. MicroStrategy and Block Inc. also gained. Bitfarms and Marathon Digital Holdings shares rose 140% and 120%. After selling at a 45% discount on Dec 28, it is presently at 36%. Some analysts attribute this to January 12's good U.S. inflation data.
Spot Crypto ETF in High Demand by Financial Advisers: Nasdaq Report
A new survey from Nasdaq has shown a growing interest in spot crypto Exchange Traded Fund (ETF) in the US. Per the survey, 86% of respondents who invest in digital currencies plan to increase their holdings in the next year.
Bitwise CIO Matt Hougan Discusses Amended Spot Bitcoin ETF Application
Matt Hougan, CIO of Bitwise, used a Twitter thread to elaborate on the firm's amended spot Bitcoin ETF application. He emphasized the need to prove that the CME bitcoin futures market is a "regulated market of significant size" for surveillance purposes and highlighted Bitwise's history of original research in their ETF filings.
Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings
Dinari, a blockchain-based investment platform, secures $10M in seed funding, launches RWAs on Arbitrum, and expands dShare with crypto-themed assets, bridging TradFi and DeFi.
SEC Delays Decision on ARK 21Shares Bitcoin ETF, Opens Public Comment Period
The SEC has delayed its decision on ARK 21Shares' Bitcoin ETF until Nov 11, 2023, opening a 21-day public comment period.
Ark Invest Refiles Application for Bitcoin Spot ETF Alongside 21 Shares
Ark Investment Management, the investment company tagged with Cathie Wood is taking another dig at a spot Bitcoin Exchange Traded Fund (ETF) product.
Jacobi Asset Management Introduces Europe's First Premier Bitcoin ETF with a Green Initiative
Jacobi Asset Management launches Europe's first Bitcoin ETF on Euronext Amsterdam, blending crypto investment with a green initiative. The ETF, compliant with SFDR Article 8, offers a unique Renewable Energy Certificate solution.
Bitcoin Has Spent 3 Months Bouncing Between $45,000 and $60,000
Bitcoin’s upward momentum has dried up as it has spent three months bouncing between $45k and $60k, as alluded to by market analyst Lark Davis.
The Listing of Clean Energy Crypto-Mining & Semiconductor ETF on NYSE Launches
The clean energy encrypted mining and semiconductor exchange-traded fund (ETF), created by registered investment advisor and emerging fund manager Viridi, was officially traded on the New York Stock Exchange on July 20 under the code name RIGZ.
SEC Poised for Decision on Ark Invest and 21Shares Bitcoin ETF, Market Reacts
The SEC is nearing decisions on Bitcoin ETF applications, which could significantly impact the cryptocurrency landscape due to market anticipation and Bitcoin's price surge.
Crypto Squid Collapses after Jumping More Than 310,000% in Value
Cryptocurrency Squid, inspired by the popular Netflix series Squid Game, collapsed on Monday after jumping more than 310,000% in value as of Sunday night.
VanEck CEO Predicts SEC Rejection of Spot Ethereum ETF Application in May
VanEck CEO Jan van Eck and CoinShares CEO Jean-Marie Mognetti are pessimistic about the approval of a spot Ethereum ETF by the U.S. Securities and Exchange Commission due to the regulatory climate and lack of feedback.
Gemini Co-founder Marks Spot Bitcoin ETF Approval Struggle for A Decade
The 10-year anniversary of the day that Cameron Winklevoss and his brother Tyler filed for the top slot in the first Bitcoin Exchange-Traded Fund (ETF) was celebrated today by the co-founder of the cryptocurrency exchange Gemini.
The First Bitcoin Futures ETF Approved In U.S., Expecting to Start Trading This Week
The US SEC has finally approved the first Bitcoin futures ETF to operate in the country. ProShares’ Bitcoin futures ETF is scheduled to trade this week.
ARK Invest Intensifies Investment in Robinhood
ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.
Grayscale Submits Comment Letter to SEC Regarding Spot Bitcoin ETF Application
Grayscale's legal team submitted a comment letter to the SEC, advocating for the approval of all spot bitcoin ETF applications, emphasizing fair regulation and investor protection.
SEC Chair Gary Gensler Addresses X Account Hack and Security Measures
The SEC's X account was compromised on January 9, 2024, causing market fluctuations and highlighting cybersecurity concerns. The SEC is working with law enforcement to investigate.
Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone
Coinbase's role in the newly approved Bitcoin spot ETFs by the SEC marks a crucial advancement in cryptocurrency's integration into mainstream finance, bringing regulatory clarity and institutional investment opportunities.
Market Downturn Triggers Delisting of Crypto ETFs in Australia
Crypto winter is considered to have caused low demand for such ETFs in Australia. Cosmos Asset Management said it plans to delist three of its cryptocurrency ETFs on the Cboe stock exchange.
New Crypto Fund Could Promote Release of Physically Backed US BTC ETF: Bloomberg
The launch of a new futures-backed product could potentially back the release of handouts for a physically-backed US Bitcoin exchange-traded fund.
US SEC Delays Proposals for Spot Bitcoin ETFs from WisdomTree and One River
The securities regulator of the U.S. SEC has yet to approve a US exchange-traded fund that invests directly in the cryptocurrency.
SEC Rejects Fidelity's Wise Origin Bitcoin Trust spot ETF
The United States Securities and Exchange Commission (SEC) has published an order disapproving a proposed rule change to list and trade the shares of the Fidelity Investment-backed Wise Origin Bitcoin Trust under the BZX Rule.
SEC Adopts Expedited Public Listing Review Process—Blockchain ETFs Could Qualify
The United States Securities and Exchange Commission has voted to adopt rule amendments to expedite the review procedure for companies applying for public listing, which could potentially create an expedited and cheaper application process for crypto and blockchain ETFs.
Melanion Capital to Launch First EU-regulated Bitcoin-tracking ETF
The Paris-based fund manager Melanion Capital got the approval from the French regulators to lunch an exchange-traded fund (ETF) for tracking up to 90% correlation with Bitcoin’s price and its performance.
KuCoin Becomes the First Centralized Exchange to Start Offering NFT ETFs
KuCoin said the launch of its ‘NFT ETF Trading Zone’ aims to improve the liquidity of NFT assets and lower the investment threshold of major NFTs to its over 20 million users.
Valkyrie to Liquidate Bitcoin Balance Sheet ETF following Low Customer Demand
The Valkyrie Balance Sheet Opportunities Fund is expected to liquidate on October 31, 2022.
SEC Faces Criticism from Elizabeth Warren over Bitcoin ETF Approvals
U.S. Senator Elizabeth Warren has expressed strong disapproval of the SEC's recent decision to approve 11 spot bitcoin ETFs, emphasizing the necessity of stringent anti-money laundering regulations in the cryptocurrency sector.
Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications
Cathie Wood’s Ark Investment company has announced that it has invested into Canadian bitcoin ETFs. The firm’s move is likely influenced by delays and rejections of Bitcoin ETFs by the US SEC.
Mike Novogratz's Galaxy Digital Files with SEC to Launch Bitcoin Futures ETF
Galaxy Digital announced plans to list a bitcoin futures ETF by seeking regulatory approval from the US SEC.
SEC Could Approve All Ethereum ETFs Concurrently
SEC may greenlight multiple Ethereum ETFs at once, signaling a shift in U.S. crypto regulation. Key players like Volatility Shares & Valkyrie await decisions.
VanEck Introduces Zero Fee for Pioneering Bitcoin ETF
VanEck, a leading investment firm, has waived the management fee for its Bitcoin ETF, HODL, for assets up to $1.5B, aiming to make crypto investment more accessible until March 2025.
Grayscale Taps Top Former Obama's Lawyer in Preparation for Spot BTC ETF Legal Battle
In preparation for this historic verdict from the SEC, Grayscale has onboarded Donald B. Verrilli Jr as the latest member of its legal team.
SEC Postpones VanEck's Bitcoin ETF Application to June
The SEC has postponed its consideration of VanEck's Bitcoin ETF application, pushing the decision from May 3 to June 17.
VanEck And ProShares Withdraw Plans to List Ethereum ETFs
VanEck and ProShares have told the SEC that they would like to pull their plans to launch Ethereum ETFs.
Institutional investors pull back from crypto amid regulatory crackdown
Last week, institutional fund withdrawals reached $32 million, despite a 10% market increase.
Institutional XRP Inflows Surge to Hit $33 Million, Almost Doubling Its AUM
Despite tumbling slightly in price, XRP's institutional inflows have been ramping up.
Crypto Is Entering the Early Stages of Mainstream Adoption, says Kraken CEO
Jesse Powell, the co-founder and CEO of crypto exchange Kraken, believes that the crypto sector is in its early stages of mainstream adoption.
Grayscale Debuts First European ETF
Grayscale Investments has announced the launch of its first Exchange Traded Fund (ETF) product in the European Economic Area.
VanEck's Ambitious Move: A Spot Bitcoin ETF with a "HODL" Ticker
VanEck submits a fifth amended application for a spot Bitcoin ETF under the "HODL" ticker, aiming for SEC approval and significant market impact.
Goldman Sachs Applies for a DeFi and Blockchain ETF to Optimize Investment Results
Banking giant Goldman Sachs applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission intended to maximize investment results based on the performance of the Solactive DeFi and Blockchain index.
BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq
The SEC is reviewing multiple proposals for iShares Bitcoin Trust's listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance.
Simplify Asset Management Files Application of the "MAXI" Bitcoin ETF
According to filings with the U.S. Securities and Exchange Commission (SEC), a Registered Investment Adviser Simplify Asset Management filed the application for Simplify Bitcoin Strategy Risk-Managed Income ETF under the ticker symbol MAXI.
Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance
The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.
ProShares Files for New Metaverse ETF With U.S. SEC
The metaverse is likely going to see an exchange-traded fund from ProShares, according to a Tuesday filing with the U.S. Securities and Exchange Commission, Bloomberg reported.
US SEC Delays Decision on Valkyrie Bitcoin Spot ETF Proposal Until 2022
The SEC has delayed its decision on the Valkyrie Bitcoin Fund until January 2022.
BlackRock's Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation
BlackRock Inc plans to lay off 600 employees, following a similar pattern from 2023. Meanwhile, it eagerly awaits the SEC's decision on its Bitcoin ETF application, a potential game-changer in the crypto market.
SEC Delays Decision on Spot Bitcoin ETFs Due to U.S. Government Shutdown Concerns
SEC delays spot Bitcoin ETF decisions due to U.S. government shutdown concerns, adding uncertainty to the cryptocurrency market. Decision expected by mid-March
Grayscale Has Strong Case against SEC: Chief Legal Officer
A legal official of Grayscale Investment said the company has confidence in a lawsuit against the US SEC. The company is applying to convert its Grayscale Bitcoin Trust (GBTC) product to a spot Bitcoin ETF.
US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product
The United States Securities and Exchange Commission (SEC) has once again postponed the approval of the proposal from Grayscale Investments to convert its flagship Bitcoin Trust (GBTC) into a spot Non-Fungible Token (NFT) product.
Crypto Payments Operator RocketFuel Grants Approval of VASP License in Denmark
Crypto payments operator RocketFuel has announced that its subsidiary has been granted approval as a Virtual Asset Service Provider (VASP) by the Danish Authority to run a cryptocurrency exchange.
VanEck Makes the Case for Institutional Bitcoin Investment
VanEck has outlined the case for institutional Bitcoin (BTC) investment in a report published on Jan. 29. According to the investment management firm, even a small amount of BTC allocation could improve a portfolio's upside.
Bitcoin Transaction Volume Hit a 3-Month Low of $3.014 Billion
Bitcoin (BTC) gained momentum in the last 24 hours to trade at $37,200, and the transaction volume also hit a 3-month low of $3.014 billion.
Bitcoin's Potential Surge to $200K by 2025
Standard Chartered predicts Bitcoin could reach $200,000 by 2025, contingent on successful U.S. Bitcoin ETFs, with inflows estimated at $50-100 billion.
Can Bitcoin Reach Robert Kiyosaki's $150k Prediction in the Near Future?
Robert Kiyosaki predicts Bitcoin's value to rise significantly, potentially reaching $150,000 and $1.2 million in five years, citing its potential as a hedge against inflation and economic instability.
Fidelity Reiterates Bitcoin's Unique Value as a Primary Investment Choice
Fidelity Digital Assets revisits Bitcoin's unmatched value proposition in a recent study, emphasizing its secure, decentralized nature. Shared by MicroStrategy's Michael Saylor, the study advocates for Bitcoin's primary consideration by investors venturing into the digital asset sphere.
U.S. SEC Postpones VanEck’s Bitcoin ETF Application Again
U.S. Securities and Exchange Commission (SEC) Wednesday once again postponed to decide the application of VanEck Bitcoin Trust’s proposed Bitcoin ETF.
SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application
The SEC has extended its review period for Grayscale's Ethereum ETF application to January 2024, reflecting a careful evaluation approach towards cryptocurrency ETFs.
Samsung to List Blockchain ETF on the HKEX
The new EFT launched by Samsung will track crypto and blockchain tech companies listed in Asia.
SEC Extends Deliberation on Proposed Rule Change Amidst Heated Debates
The SEC extends its deliberation on a proposed rule change, amid congressional debates over its climate disclosure rule. The decision reflects the complex interplay between financial regulation, environmental concerns, and political ideologies.
VanEck Launches Mining ETF on List Today
Investment firm VanEck has launched a mining ETF (DAM), which will officially go public on Wednesday.
Spot Bitcoin ETFs: Transforming Crypto Investment Landscape
The SEC's approval of spot Bitcoin ETFs, including Valkyrie's, marks a pivotal moment for crypto investments, potentially attracting billions in inflows and indicating a surge in Bitcoin's mainstream acceptance.
Teucrium Trading Submits Bitcoin Futures ETF Application to SEC
ETF provider Teucrium Trading submitted an application Thursday for an exchange-traded fund (ETF) for tracking the futures of Bitcoin (BTC) to the US Securities and Exchange Commission (SEC).
2024 Election Impact on SEC's Bitcoin Spot ETF Approval
John Reed Stark's analysis suggests the 2024 U.S. Election may be pivotal in shaping the SEC's policy on Bitcoin spot ETFs.
Democratic Party of Korea Pushes for Reconsideration of Spot Bitcoin ETFs
The Democratic Party of Korea plans to request the Financial Services Commission to review its stance on the legal status of spot Bitcoin ETFs, following opposition to its previous statement.
US SEC Approves Third Bitcoin Futures ETF Application from Teucrium
The United States Securities and Exchange Commission (SEC) has approved America’s third functional Bitcoin Exchange Traded Fund (ETF) product that tracks the futures price of the world’s largest crypto asset.
Cathie Wood's Ark Investment Has Partnered with 21Shares for a Joint Bitcoin ETF
Cathie Wood, a top wall street investor and founder and CEO of ARK Investment management firm, has cooperated with 21Shares to apply for the Bitcoin ETF-Ark21Shares ETF jointly.
South Korea May Reconsider Stance on Bitcoin ETFs
South Korea's Presidential Office has urged the Financial Services Commission to reconsider its stance on Bitcoin ETFs, indicating a potential shift in the country's cryptocurrency regulation, following initial warnings against U.S.-based spot Bitcoin ETFs.
VanEck Pledges 10% of Ethereum ETF Profits to Protocol Guild
VanEck has announced a 10-year commitment to donate 10% of its Ethereum ETF profits to Protocol Guild, supporting Ethereum's core protocol development. This pledge precedes the anticipated launch of the EFUT ETF, set to bolster mainstream Ethereum adoption.
ECB Blog Casts Doubt on Bitcoin's Value Following ETF Approval
ECB blog post criticizes Bitcoin's utility and questions its value, even after SEC's ETF approval, warning of potential societal risks.
The UK's Regulatory Policy Committee is Against the FCA
The Regulatory Policy Committee thinks the 2021 action is unjustified now. The Department for Business, Energy, and Industrial Strategy funds the committee. The restriction is "red," meaning it's unsuitable.
Digital Asset Firm Hashdex to Launch Web3 ETF on the Brazilian Stock Exchange
The Web 3 ETF (WEB311) will track Web 3 firms that are expected to benefit from technology infrastructure.
Zimbabwe Plans to Support Crypto ETFs, Calming Lower the Cost of Remittance
Zimbabwe’s Finance Minister, Mthuli Ncube, has confirmed that the country is exploring letting cryptocurrencies thrive.
BlackRock Expands Bitcoin ETF Operations with Five Major Wall Street Firms
BlackRock has included ABN AMRO, Citadel Securities, Citigroup, Goldman Sachs, and UBS as new authorized participants in its Bitcoin ETF.
BlackRock Has No Plans for XRP ETF
BlackRock Inc., the world's largest asset manager, halts its plans for a spot XRP ETF due to ongoing regulatory uncertainties and concerns over XRP's legal status in the midst of the Ripple vs. SEC case.
Huobi Tech Files to List Crypto ETF Product in Hong Kong
Huobi Tech asset management firm has reportedly filed the application for a crypto-based ETF to the Securities and Futures Commission (SFC) in Hong Kong.
ProShares Unveils World's First Short Ether-Linked ETF
ProShares introduces ProShares Short Ether Strategy ETF (SETH), the world's first short ether-linked ETF, aiming to profit investors during ether price downtrends, reaffirming the firm's innovative approach.
Bitwise Pulls Bitcoin ETF To Sort Through SEC Response
Bitwise has officially withdrawn its Bitcoin exchange-traded fund registration filing from the United States Securities and Exchange Commission.
U.S. Senators Reed and Butler Urge SEC to Pause Crypto ETF Approvals Over Investor Risks
Senators Jack Reed and Laphonza Butler have called on the SEC to halt new crypto ETF approvals, highlighting risks for retail investors.
VanEck Announces Launch of Ethereum Futures ETF (EFUT)
VanEck announces the launch of VanEck Ethereum Strategy ETF (EFUT), targeting Ethereum futures contracts for capital appreciation. EFUT, listed on CBOE, complements VanEck's Bitcoin ETF (XBTF) with a tax-efficient structure.
Binance Research Reveals Key Crypto Market Trends
Binance Research's latest report reveals a thriving crypto market in February 2024, with a 40% increase in total market capitalization, driven by spot BTC ETF inflows and strong DeFi and NFT performance.
The Sordid Tale of QuadrigaCx is Coming to Netflix
Streaming service provider Netflix Inc is set to premiere a documentary reviewing the fall of a once-popular Canadian cryptocurrency exchange, QuadrigaCx.
SEC's Upcoming Decision on Bitcoin ETFs and the Implications
The SEC's anticipated decision on Bitcoin ETFs, expected by January 2024, could significantly boost U.S. crypto adoption, balancing financial institutions' interests and legal challenges.
Argentina Considers Launching First Crypto Futures-Backed ETF In Latin America
The National Securities Commission of Argentine could soon follow the U.S. regulators in approving the launch of Bitcoin futures ETFs.
Fidelity Launches Two ETFs Tracking Metaverse and Crypto Sectors
The new ETF offerings enable Fidelity investors to participate in the emerging digital assets ecosystem through exposure to related equity securities.
SEC Delays Decision on Invesco-Galaxy Digital's Ether ETF
The SEC has extended the review period for Invesco and Galaxy Digital's Ether ETF, potentially extending it for up to 240 days, allowing for public commentary.
NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing
NYSE Arca proposes rule change for Bitwise Ethereum ETF listing and trading under Rule 8.201-E, allowing exposure to ether value and establishing Net Asset Value.
ProShares Confirms to Start Trading Bitcoin Futures ETF on NYSE Tuesday
American Exchange Traded Funds (ETFs) provider, ProShares confirmed that its Bitcoin Futures backed ETF product will begin trading on the NYSE Tuesday.
BNY Mellon Bank Tapped to Provide Grayscales with Bitcoin ETF Services
Grayscale Investments has selected BNY Mellon bank as an asset servicing provider for its Grayscale Bitcoin Trust(GBTC) , handling accounting and administrative services, effective October 1.
BlockFi, Neuberger Berman Partner to Offer Crypto Asset Product Suite, Including ETFs
BlockFi and Neuberger Berman have partnered to provide new management products, including exchange-traded funds to clients. The firms aim to capitalize on investors’ enthusiasm for digital assets
Bitcoin Sentiment Soars to 76, Reflecting Extreme Market Greed
Bitcoin's market sentiment score hits 76, indicating extreme market greed, driven by expectations of SEC's decision on spot Bitcoin ETFs.
US Television Network Provider Dish Aims to Track and Stop Piracy Using New Blockchain Systems
In recent years with subscribers moving to newer forms of media, including internet-based streaming services such as Netflix, Dish has struggled to maintain its customer base, with 381,000 subscribers lost in 2018’s Q4.
Grayscale Pairs with Coindesk Index to Launch DeFi Fund and Index
Grayscale Investments has made a move to launch a new DeFi fund and index with Coindesk Index. Grayscale said that the new DeFi fund would give investors the ability to invest in the DeFi protocol.
AdvisorShares Files for US Bitcoin Futures ETF
AdvisorShares investment manager becomes the latest firm to file an application for a Bitcoin futures ETF.
SEC Cybersecurity Breach: Investigating the Fallout and Future Measures
The SEC's recent cybersecurity breach, involving an unauthorized post on its X (formerly Twitter) account about a Bitcoin ETF, underscores the need for robust cybersecurity measures. The SEC is actively investigating the incident, highlighting the broader implications for security practices in social media and government agencies.
John McAfee Could be Still Alive, Ex-Girlfriend's Assertion Discloses in Netflix Documentary
A new revelation is now being made as McAfee’s ex-girlfriend, Samantha Herrera, disclosed that the Anti-Virus pioneer faked his own death, is still alive, and currently lives in Texas.
Acorns to Start Offering Customers Access to Bitcoin via ProShares ETF
Acorns is preparing to launch access to an ETF that enables users to own Bitcoin, without investing in the underlying asset.
Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation
The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is based on the current legal framework, which prohibits banks from trading cryptoassets for their own account.
Bitcoin Hits a New All-Time High Above $64,000, How High Will BTC Surge?
Bitcoin has hit a $64,717 ATH, fueled by Coinbase's IPO and the growing number ETF applications. The next stop for BTC could be $70,000.
BlackRock iShares Bitcoin Trust (IBIT) Sees Zero Inflows, Ending 71-Day Streak
BlackRock's iShares Bitcoin Trust (IBIT) has experienced a significant shift in investor sentiment, with zero inflows recorded for the first time since the introduction of Bitcoin ETFs in the US. This marks the end of a 71-day streak during which the ETF consistently attracted millions of dollars in daily investments. While other Bitcoin ETFs also experienced a slowdown in inflows, Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF managed to secure inflows of $5.6 million and $4.2 million respectively.
Reuters: BlackRock and Ark Investments Compete in Bitcoin ETF Fee Reduction
BlackRock and Ark Investment Management lower fees for their proposed spot Bitcoin ETFs, reflecting the growing competition and interest in cryptocurrency-based investment products. This move signifies the increasing acceptance of cryptocurrencies in mainstream finance.
Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion
Grayscale Investments has collaborated with NYSE Arca to file Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), aiming to convert the Grayscale Ethereum Trust into a spot Ethereum ETF. This move is a significant part of Grayscale's ongoing strategy to transition its entire range of 17 crypto investment products into ETFs. The filing follows the SEC's recent approval of the first Ethereum futures ETFs.
Hong Kong's VSFG Set to Pioneer Spot Bitcoin ETF in Q1 2024
Hong Kong's VSFG is set to launch a spot Bitcoin ETF in Q1 2024, aiming for $500 million in assets. This aligns with Hong Kong's regulatory shift towards cryptocurrency and its ambition to become a digital asset hub.
VanEck Floats its Multi-Coin Crypto ETN in Europe
VanEck, one of the foremost issuers of cryptocurrency-focused investment products, has announced the launch of its multi-coin cryptocurrency fund in Europe.
CoinGecko Report: 2023 Crypto Industry Rebounds with Resilience and Transformation
2023 saw a resilient crypto industry with a 108.1% increase in market cap to $1.72T and a total trading volume of $36.6T. NFT trading reached $11.8B, while stablecoins like Tether maintained a strong presence. Bitcoin's value rose significantly, contributing to the year's positive momentum.
SEC Delays Decision on Invesco and Galaxy Digital's Ether ETF
The SEC extends the review period for the Invesco and Galaxy Digital's Ether ETF until February 6, 2024, signaling continued caution in cryptocurrency product approvals.
Grayscale CEO Calls on SEC to Protect Investors
Grayscale Investments’ CEO Michael Sonnenshein has called on the United States Securities and Exchange Commission (SEC) to protect Grayscale investors by returning the true asset value to them. Sonnenshein stated in a recent interview that the SEC acted arbitrarily by denying approval for the Grayscale Bitcoin Trust (GBTC) to be a spot Bitcoin exchange-traded fund (ETF) in June 2022, while approving Bitcoin Futures ETFs. He explained that the SEC violated the administrative procedures act, and that Grayscale is suing the SEC over the denial of its initial application. Grayscale has over a million investor accounts, and Sonnenshein called on the SEC to protect investors and return the value to them.
SEC Postpones the Decision on WisdomTree Bitcoin ETF Application
The U.S. Securities and Exchange Commission has postponed WisdomTree's Bitcoin Exchange Traded Fund (ETF) listing application until July 14.
GBTC Litigation: Fir Tree and Grayscale Reach Agreement
Fir Tree Partners, a significant shareholder of the Grayscale Bitcoin Trust (GBTC), and Grayscale Investments have reached an agreement resolving a lawsuit filed by Fir Tree in December 2022. The litigation sought documents and information from Grayscale about potential mismanagement and conflicts of interest at GBTC.
BlackRock to Launch Bitcoin ETF in Brazil
BlackRock introduces the iShares Bitcoin Trust ETF in Brazil, marking a significant foray into cryptocurrency for traditional investors.
ProShares To Debut First US ETF Betting on Bitcoin Plunge
ProShares is releasing a fund (ticker BITI) that is set to allow investors take short positions on Bitcoin futures.
7RCC Spearheads a Carbon-Neutral Bitcoin ETF for ESG-Focused Investing
7RCC has submitted a spot Bitcoin ETF with a composition of 80% Bitcoin and 20% carbon credit futures, providing a unique, carbon-neutral investment option in the crypto market.
Spot Bitcoin ETFs: A Pivotal Decision by SEC Awaits
The SEC is nearing a decision on approving spot Bitcoin ETFs, which could significantly impact the cryptocurrency market and investor sentiment, with discussions focusing on minor amendments.
Gary Gensler Confirmed as Chairman of the SEC, What This Means for Crypto
Gary Gensler has been confirmed to the role of chairman of the Securities and Exchange Commission.
South Korea's Stance on Virtual Currency Investment and ETFs in 2024
South Korea reaffirms its prohibition of local financial institutions from owning, buying, or investing in cryptocurrencies and businesses offering crypto, including a strict ban on cryptocurrency exchange-traded funds (ETFs).
Schwab to List Its First Crypto-Related ETF on NYSE
Schwab is launching its first crypto-related ETF to provide its customers with an opportunity to gain crypto exposure by investing in firms that derive revenues indirectly or directly from cryptocurrencies.
US SEC Likely to Delay Bitcoin Futures ETFs Until 2022: CFRA Investment Research Firm
According to CFRA ETF and mutual research firm, the US SEC is likely to delay decisions on whether to approve applications of Bitcoin futures ETFs until 2022.
Edward Snowden Criticizes SEC Following Twitter Hack and False Bitcoin ETF Announcement
Whistleblower Edward Snowden has openly criticized SEC Chair Gary Gensler following a misleading Bitcoin ETF approval post on the SEC's Twitter account. Snowden's comments highlight growing concerns about the SEC's credibility and regulatory approach in the crypto industry.
Blackrock Rollouts Blockchain ETF for European Investors
The iShares Blockchain Technology UCITS ETF targets institutional and professional investors in Europe.
SEC Rejects Application for Physical Bitcoin ETF from Ark 21Shares
So far, the SEC has not approved an application for a spot Bitcoin ETF. The latest rejection involves a Bitcoin ETF filed by Ark 21Shares.
Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors
Stone Ridge’s Bitcoin Futures Fund suffers losses triggered by market downturn and competition.
Australia's First Bitcoin ETF to Launch on Apr 27
Australia’s first bitcoin ETF will be listed on the Cboe stock exchange next week, The Australian Financial Review reported on Tuesday.
Valkyrie Files Application to List Bitcoin ETF Focusing on Mining Firms
American asset and index fund manager Valkyrie has filed an application with the U.S. SEC to list a Bitcoin ETF product that will track the shares of companies directly investing in Bitcoin mining.
FTX's Bankruptcy Plan Leaves Customers Struggling Amid Crypto Market Revival
The contrast between FTX's ongoing bankruptcy proceedings and the broader crypto market's revival underscores the volatility and risks in the cryptocurrency industry.
Schiff Warns Against Bitcoin ETF Hype as Hoskinson Reacts
Bitcoin critic Peter Schiff warns against Bitcoin ETFs due to limited utility and investment risks, causing Cardano's Charles Hoskinson to respond with humor, highlighting Schiff's early skepticism in 2024.
Would the U.S. Finally Approve Spot Bitcoin ETF in 2022?
With the US SEC approval of Bitcoin futures-based ETF in 2021, are investors right to be hopeful on an actual spot ETF this year?
SEC Postpones Ethereum ETF Decision Amid Regulatory Scrutiny
The SEC has delayed its verdict on Hashdex and Ark 21Shares' spot Ethereum ETF applications until May 2024, signaling a cautious approach to crypto ETFs.
CoinShares Acquires Valkyrie ETF Business, Expanding U.S. Footprint
CoinShares completes its strategic acquisition of Valkyrie ETF Business, enhancing its U.S. market presence and increasing global AUM.
ProShares to Expand Cryptocurrency Offerings with Five Innovative Bitcoin ETFs
ProShares plans to launch five innovative Bitcoin ETFs, offering leveraged and inverse exposure to Bitcoin through the Bloomberg Galaxy Bitcoin Index, marking a significant development in cryptocurrency investment vehicles.
BlockFi Files for Spot Bitcoin ETF in the U.S.
BlockFi, a United States-based cryptocurrency lending platform has filed for a spot Bitcoin Exchange Traded Fund (ETF) product with the Securities and Exchange Commission (SEC).
Canada Security Regulator Approves Three Ethereum ETFs In A Single Day
The Ontario Securities Commission has made history again by approving three Ethereum exchange-traded funds in one day.
SEC Delays Decision on Invesco Galaxy's Application for Spot Ether ETF
The US SEC has extended the review period for Invesco Galaxy's application for a spot Ether ETF, with the deadline set for July 5. This follows similar delays for eight other potential Ether ETF issuers, including VanEck. Analysts express skepticism.
WisdomTree Appoints Digital Transformation Expert Rilla Delorier to Board
WisdomTree adds Rilla Delorier to its Board, leveraging her 30-year expertise in digital transformation as the firm amplifies its strategic growth initiatives.
SEC Extends Review Period for ARK 21Shares Bitcoin ETF
The SEC has postponed its decision on the ARK 21Shares Bitcoin ETF till January 10, 2024, marking another delay in the approval process. Amid broader calls for swifter approvals, the SEC's meticulous review approach underscores the regulatory cautiousness enveloping cryptocurrency-based financial offerings.
Gary Gensler Reiterates US SEC’s Support for Bitcoin Futures ETFs
The US SEC sees Bitcoin Futures ETFs as an area of market that provides better protection for investors looking to get exposure to the cryptocurrency.
Grayscale Wants SEC's Approval for Bitcoin ETF With Public Support
Digital assets manager Grayscale Investments is stirring the public to send a message to the US Securities and Exchange Commission with respect to approving the conversion of its flagship product, the Grayscale Bitcoin Trust (GBTC) to a full-fledged spot Bitcoin Exchange Traded Fund (ETF).
Direxion Files for Bitcoin ETF With a Deviation, to Track Shorts on BTC Futures
American financial services and ETF provider, Direxion has filed for its Bitcoin ETF product, after more than 3 years since it last filed one.
BlackRock and ARK Invest Conform to SEC's Cash Redemption Model for Bitcoin ETF
Major ETF issuers BlackRock and ARK Invest comply with SEC's cash redemption model for their spot Bitcoin ETFs, potentially paving the way for regulatory approval.
China is Expecting its First-Ever Blockchain Exchange-Traded Fund
Shenzhen is expecting its nation’s first exchange-traded fund (ETF) that will track blockchain-themed stocks as underlying assets.
21Shares Debuts The Sandbox-Focused ETP Product
A Switzerland-based digital currency asset manager, 21Sahres, has launched a metaverse product with a focus on The Sandbox.
Bitcoin's Growth is Fueled by Inflation Fears, JPMorgan Strategists say
JPMorgan analysts pointed out that the latest surge in BTC price is more likely driven by the fact that investors see BTC as a hedge against inflation.
ProShares Bitcoin Futures ETF Wants Exemptions from Trading Limits
ProShares Bitcoin futures ETF shares could grow too fast on the CME public marketplace. The firm therefore has applied to be exempted from trading limits.
SEC to Give "Careful Consideration" to Concern about Spot BTC ETFs: Gensler
Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), has promised to give a “Careful Consideration” about spot Bitcoin Exchange Traded Products (ETPs).
Crypto Review 2021: Full of Uncertainty and Volatility
Before the end of 2021, Blockchain.News summaries serval key events and milestones that the crypto sector has witnessed this year.
Google to Unleash Bitcoin ETF Ads
Google will allow Bitcoin and other cryptocurrencies, including Bitcoin ETFs, to be published on its platform starting January 29, 2024. This move is significant for the blockchain and cryptocurrency sectors, as it increases exposure and awareness among a vast audience. The policy change will require advertisers to comply with local regulations.
SEC: X Account Compromised Through Phone Number Control in SIM Swap Hack
The recent unauthorized access to the U.S. Securities and Exchange Commission's (SEC) X account, which led to a fake Bitcoin ETF announcement, has raised significant concerns about cybersecurity in financial regulatory bodies.T
Australia’s Securities Regulator Approves the Launch of Crypto ETFs
Australia Securities and Investments Commission (ASIC) has finally opened the door for crypto ETFs to trade on Australian stock exchanges.
Victory Capital Applies to List A Crypto ETF to The US SEC
Victory Capital Management has become the latest investment firm to applies for a cryptocurrency exchange-traded fund.
Bitcoin's Dawn of the ETF Era: ARK Investment
According to a report ARK Investment, in June 2023, Bitcoin experienced a resurgence in institutional sentiment, with the supply of Bitcoin that had remained unmoved for at least a year reaching an all-time high of approximately 70% of the circulating supply.
The ETF Approval Process Can Improve Transparency in Trading Platforms- Former CFTC Chair
Former CFTC Chair Timothy Massad has advocated for the approval of a Bitcoin ETF product on a conditional ground
Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX
Samsung Asset Management (Hong Kong) Limited to launch the first APAC metaverse theme active ETF in Hong Kong with Samsung Asia Pacific ex NZ Metaverse Theme ETF (Stock code: 3172.HK), which is expected to list on HKEX by July 7.
Bitwise to Launch Two Innovative Ethereum Futures ETFs on October 2
Bitwise Asset Management to launch two first-of-its-kind Ethereum Futures ETFs, AETH and BTOP, on October 2. The ETFs offer exposure to CME Ether futures in a regulated format.
Grayscale's Strategic Shift: Aiming for Bitcoin Spot ETF with Cash Redemption Model
Grayscale changes GBTC to a spot Bitcoin ETF using cash creation model, complying with SEC guidelines after Barry Silbert's resignation, marking a significant shift in the digital asset landscape.
NYDIG Report: Bitcoin Volatility Expected Around ETF Dates, Mt Gox Delays, and Fed Rate Impacts
The options market is expecting significant price movements in bitcoin around key ETF dates, with forward volatility of at-the-money options surged by 9.6 points. The SEC is set to respond to the BlackRock iShares Bitcoin Trust ETF by October 17th, 2023, and has until October 16th to address the Bitwise Bitcoin ETP Trust. The market is also bracing for price swings due to approval or denial. Other notable news includes Mt Gox's repayment deadline change, Grayscale Investments filing for a new Ether Futures ETF, and the Grayscale case.
SEC Delays Decision on Ether ETFs to May 2024, Impacting Key Proposals
The SEC has postponed its decision on several Ether ETFs, including Hashdex Nasdaq Ethereum ETF and Grayscale Ethereum Futures ETF, affecting the future of Ethereum-based financial products.
SEC Initiates Consultations on Rule Change for Bitcoin Trading Options
The SEC is discussing a rule change for options trading on Bitcoin ETFs, seeking public input on market impact during turbulence. Exchanges have requested options trading on recently approved spot Bitcoin ETFs, and whether options should follow stock regulations.
Deutsche Bank Survey Predicts Bitcoin Could Plunge Below $20K
Deutsche Bank survey indicates pessimistic Bitcoin price outlook, with 33% expecting it to drop below $20,000 by 2024, while 15% anticipate stabilization between $40,000 and $75,000.
Bitwise ETF BITQ Surpasses $100M in Cypto Assets Under Management
Bitwise Asset Management, a leading crypto asset manager, has announced that its Crypto Industry Innovators ETF (NYSE: BITQ) recently surpassed $100 million in assets under management. This milestone comes amid a turning point for the crypto sector, which has seen positive industry developments, strong market performance, and growing investor interest throughout 2023.
Former Coinbase CLO Brian Brooks Joins Hashdex's Board of Directors
Brian Brooks, former Coinbase CLO and current Valor Capital Group partner, joins Hashdex's Board of Directors, aiming to accelerate the firm's global growth in the crypto asset management space.
Fidelity Seeks SEC Nod for Staking in Proposed Ether ETF for Enhanced Yields
Fidelity Investments aims to add staking to its Ether ETF, pending SEC approval, potentially offering investors a new revenue stream.
DTCC Announces Changes to Collateral Allocation for Bitcoin-Linked ETFs
The Depository Trust and Clearing Corporation (DTCC) will no longer allocate collateral or extend loans against ETFs with Bitcoin and cryptocurrencies exposure, impacting financial stability and credit assessment.
领先的加密资产管理公司Bitwise宣布其加密行业创新者ETF资产管理规模突破1亿美元
全球领先的加密资产管理公司Bitwise Asset Management宣布，其加密行业创新产品ETF（纽约证券交易所代码：BITQ）最近的资产管理规模超过了1亿美元。这一里程碑出现在加密领域的转折点，整个2023年，这个领域都见证了积极的行业发展，强劲的市场表现，以及投资者兴趣的增长。
Ex-SEC Chair Jay Clayton Says He's a "Huge Believer" in Crypto
Ex-Chairman of the US Securities and Exchange Commission Jay Clayton expressed his trust in the nascent digital currency world saying he is a “huge believer” in the technology underpinning the industry.
Crypto Groups Mobilize Support for Grayscale Spot Bitcoin ETF Lawsuit Fight
The groups have faulted SEC’s decision to disapprove applications of spot Bitcoin ETFs, yet the regulator had allowed similar, riskier products to enter the market.
VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions
VanEck and Solid X revealed that they have a workaround to bypass regulatory issues and are using an SEC exemption that will allow their product to be offered to institutions such as hedge funds and banks, but not to retail investors.
Valkyrie Starts Trading Bitcoin Futures ETF on the Nasdaq Stock Exchange
Valkyrie becomes the second investment firm to begin trading its Bitcoin Futures ETF on the public market. ProShares was the first.
Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin
In a significant shift of sentiment, digital asset investment products experienced their largest single weekly inflows since July 2022, totaling a substantial $199 million, according to CoinShares report. This surge effectively corrected almost half of the prior nine consecutive weeks of outflows, signaling renewed investor confidence in the market.
Netflix to Release Documentary on 2016 Bitfinex Hack
Netflix Inc has announced it is going to release a documentary about the 2016 Bitfinex hack, a financial crime that can earn the tag as one of the biggest financial thefts in history.
US SEC Approves Volt Equity’s ETF, Allowing Investors to Gain Exposure to Bitcoin
US investors seeking diversification to the cryptocurrency market will be able to buy the Volt Equity’s ETF that offers exposures to public companies holding Bitcoin.
Nearly 100% of Bitcoin Supply Slides Back to Profitability Amid an awaiting Greenlight to ETF Approval
99.02% of all BTC supply is now in profit.