Bitcoin ETF

BitMEX co-founder Arthur Hayes has shared his insights concerning a potential Bitcoin (BTC) rally on platform X. Alongside a chart depicting changes in net Reverse Repurchase Agreements (RRP) and Treasury General Account (TGA) balances, Hayes specifically referred to US Treasury Secretary Janet Yellen as “Bad Gurl Yellen.” In his statement, Hayes advised fellow Bitcoin enthusiasts […]

Crypto asset manager Grayscale held a meeting with the Securities and Exchange Commission (SEC) regarding the conversion of its flagship fund – the Grayscale Bitcoin Trust (GBTC) – into a spot Bitcoin exchange-traded fund (ETF). A Nov. 20 SEC memo disclosed Grayscale CEO Michael Sonnenshein, ETF head Dave LaValle, legal chief Craig Salm, and four […]

Anticipation among global asset managers for spot Bitcoin ETF approval is fervent, but BitGo CEO Mike Belshe harbors reservations. Belshe questions the likelihood of the US Securities and Exchange Commission (SEC) greenlighting spot Bitcoin ETF applications, citing concerns about Coinbase’s dual role as both an exchange and custodian. BitGo CEO Skeptical of SEC Approval for […]

Bitcoin has returned to attention due to a surprising comeback. Digital asse­t investments saw an impressive­ increase of $326 million within seve­n days. This extraordinary boost, the biggest since­ July 2022, mirrors heightened positivity from inve­stors. Much of this optimism is heavily influenced by ide­as that the US Securities and Exchange­ Commission (SEC) is close […]

Bitcoin has once again surged to a staggering $35,000, triggering a wave of renewed optimism among investors and market enthusiasts. The latest data from Santiment reveals that Bitcoin has clawed its way to a new 17-month high, marking a significant milestone for the cryptocurrency. 🥳 #Bitcoin scratched its way to a new 17-month high again today. […]

In a bold prediction, Mike Novogratz, the CEO and founder of Galaxy Digital, anticipates that the United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) within the year. Novogratz’s optimism stems from the changing tide in the SEC’s stance towards crypto ETFs. During an interview on CNBC Market Alert, […]

Bitcoin (BTC) crossing $28,000 shows a positive sentiment, but it’s crucial to sustain this level, analysis says. In an X post on October 17, co-founders of on-chain analytics firm Glassnode, Jan Happel and Yann Allemann, described the $28,000 mark as a “critical milestone” for BTC price. On Oct. 16, the crypt-focused news platform Cointelegraph said […]

On Monday, the cryptocurrency market experienced significant turbulence as Bitcoin surged before relinquishing most of its gains. The volatility was triggered by conflicting reports regarding approving a Bitcoin exchange-traded fund (ETF) filed by major asset manager BlackRock. The Rollercoaster Ride of Bitcoin’s Price Bitcoin, known for its price swings, initially rose by 10% to $29,900, […]

The United States Securities and Exchange Commission (SEC) has reportedly chosen not to appeal the recent court decision that favored Grayscale Investments. This significant ruling mandates the SEC to undergo a thorough review of the firm’s spot Bitcoin exchange-traded fund (ETF) application. Per a report from Reuters on October 13, an inside source confirmed the […]