Spot Bitcoin ETF

Recent interactions between the U.S. Securities and Exchange Commission (SEC) and several major stock exchanges have sparked optimism about the potential approval of a much-anticipated spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). SEC staff attorneys from the Division of Trading and...

As uncertainty swirled around the crypto markets over potential delays to a Spot Bitcoin ETF approval, various industry figures weighed in with positive outlooks. What Happened:  On Wednesday, Matrixport said the SEC was likely to push back a Spot Bitcoin ETF approval until the second quarter...

Crypto markets opened the new year on a high, but the tables have turned only a day after Jim Cramer turned bullish on Bitcoin. What Happened: After Cramer reversed his stance on Bitcoin (CRYPTO: BTC), the cryptocurrency tanked, following a Matrixport report stating a Spot ...

Fears of a delay in Spot Bitcoin ETF approvals spurred the biggest cryptocurrency market dip in months. What Happened: Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are down 7% and 7.6%, respectively in the past 24 hours. Bitcoin and Ether also witnessed an increase of 23% and50%,...

Traders on the decentralized prediction market Polymarket were showing confidence that the U.S. will see the launch of one or more Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) within the next two weeks.  Currently, the "Yes" side of the contract "Bitcoin ETF...

Matrixport revealed in its latest report that January 2024 is likely to see Bitcoin (CRYPTO: BTC) push to $50,000 amid various supporting factors. What Happened: A Matrixport report highlighted that during Asian trading hours, the Bitcoin funding rate peaked at a new all-time...

As Bitcoin surges past $45,000 for the first time since April 2022, several leading asset management firms are gearing up for a major development in the cryptocurrency space. Numerous asset management companies, such as BlackRock Asset Management, a division of BlackRock Inc (NYSE: BLK),...

A crypto specialist, known by the pseudonym The Flow Horse, has recently voiced concerns about the imminent future of Bitcoin (CRYPTO: BTC). What Happened: The analyst anticipates a downward trend for Bitcoin in the upcoming period. In a post on X, The Flow Horse posits that the initial...

Coinbase Global Inc. (NASDAQ: COIN) is shaking up its custody division. Aaron Schnarch, who served as the CEO of Coinbase Custody, has left the company, Bloomberg reported. Rick Schonberg has taken over the role, bringing experience from his previous positions at Goldman Sachs (NYSE: GS), State...

Republicans Tom Emmer, who serves as majority whip in the U.S. House of Representatives, and Ohio Congressman Warren Davidson, are leading a legislative effort aimed at removing Gary Gensler from his position as chairman of the U.S. Securities and Exchange Commission (SEC). “Gensler’s...

Jason Choi, co-founder of venture capital firm Tangent on Friday analyzed the 2024 predictions made by leading financial and crypto institutions. Choi is optimistic, especially for Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) and Layer 2 technologies, but he also highlighted significant...

In a notable shift in investment strategy, ARK Investment Management, led by CEO Cathie Wood, has sold its entire remaining position in Grayscale Bitcoin Trust (OTC: GBTC). This move is particularly significant as GBTC was the largest holding in ARK's Next Generation Internet ETF (NYSE:...

Signs that the U.S. Securities and Exchange Commission (SEC) will approve a Spot Bitcoin exchange-traded fund (ETF) in January are "very encouraging." That's according to Ark Invest CEO Cathie Wood, who is collaborating with 21Shares on two futures ETF products centered on Ethereum...

After Grayscale's chairman exited the company Tuesday ahead of a possible Bitcoin ETF approval, one expert sees the move as giving greater autonomy to the firm.  What Happened: After Grayscale Bitcoin Trust (OTCMKTS: GBTC) Chairman Barry Silbert resigned, Lumida Wealth...

The cryptocurrency exchange-traded products (ETPs) market is currently valued at a significant $50.3 billion, BitMEX Research report indicates. The research highlights the maximized presence of Bitcoin (CRYPTO: BTC) with Bitcoin ETP's total value at $35.4 billion. Grayscale Bitcoin Trust (...