ETFs

Hong Kong’s Bitcoin & Ethereum ETFs Begin Trading April 30
Bitcoin

Hong Kong’s Bitcoin & Ethereum ETFs Begin Trading April 30

Bitcoin and Ethereum exchange-traded funds (ETFs) are on the horizon in Hong Kong, set to debut by the end of April, as Hong Kong intensifies its focus on cryptocurrencies. In an interview with Bloomberg, a spokesperson for HashKey, an Asian crypto group, said that the firm’s Bosera-HashKey Capital spot products are set to begin trading […]

Apr. 24, 2024
Crypto Funds Surge To $2.5B Inflows Amid Growing Spot Bitcoin ETF Interest
Bitcoin

Crypto Funds Surge To $2.5B Inflows Amid Growing Spot Bitcoin ETF Interest

Crypto-derived exchange-traded products (ETPs) registered record inflows totaling $2.45 billion globally last week, according to CoinShares’ latest report. US-listed crypto ETPs, including the 10 approved spot Bitcoin ETFs, accounted for about 99% of the week’s inflows. This surge has propelled year-to-date inflows to digital asset investment products to a staggering $5.2 billion. Combined with recent […]

Feb. 20, 2024
Hong Kong Lawmaker Urges Crypto Education and Leadership
Crypto

Hong Kong Lawmaker Urges Crypto Education and Leadership

Johnny Ng, a Hong Kong lawmaker leading in the crypto field, took to the social media handle and expressed his opinion on spot Bitcoin-based ETFs getting a nod in the United States. In a recent X post, he expressed that Hong Kong should also take the initiative and lead this area. The Bitcoin conference, the […]

Jan. 22, 2024
Nasdaq and Cboe Seek Approval for Bitcoin ETF Options Trading
Bitcoin

Nasdaq and Cboe Seek Approval for Bitcoin ETF Options Trading

Nasdaq and Cboe submitted 19b-4 filings with the United States Securities and Exchange Commission (SEC) to amend listing rules, seeking approval to trade options on Bitcoin (BTC) exchange-traded funds (ETFs). The SEC acknowledged these proposals on Jan. 19, marking a significant step toward expanding the crypto investment landscape. Nasdaq applied for a rule change to […]

Jan. 20, 2024
JPMorgan: Spot Bitcoin ETFs May Draw Billions from Other Cryptos
Bitcoin

JPMorgan: Spot Bitcoin ETFs May Draw Billions from Other Cryptos

The U.S. Securities and Exchange Commission (SEC) has finally given the green light for the first spot on bitcoin ETFs, an event many within the crypto industry have long hoped would occur. However, according to JPMorgan, multinational financial services, the market reaction has been subdued as investors are better aware of inflows going into these new […]

Jan. 16, 2024
SEC Greenlights First Spot Bitcoin ETFs Amid Market Controversy
Bitcoin

SEC Greenlights First Spot Bitcoin ETFs Amid Market Controversy

The U.S. Securities and Exchange Commission (SEC) finally green-lit the launch of the first regulated spot Bitcoin exchange-traded funds (ETFs). This was following the false announcement placed on the official Twitter account of the SEC, causing only temporary havoc in the markets. According to an official SEC press release dated January 10th, the Commission has […]

Jan. 11, 2024
Standard Chartered Predicts $200K Bitcoin by 2025 with ETF Approval
Bitcoin

Standard Chartered Predicts $200K Bitcoin by 2025 with ETF Approval

The bank made the forecast based on its expectation that spot Bitcoin ETFs could see inflows between $50-100 billion next year. Multinational bank Standard Chartered forecasts that Bitcoin (BTC) could reach nearly $200,000 by the end of next year should Bitcoin exchange-traded funds gain approval and prove successful in the United States. On this basis, […]

Jan. 9, 2024
SEC Renewed Crypto ‘FOMO’ warning Amid Optimism for Bitcoin ETF Approval
Bitcoin

SEC Renewed Crypto ‘FOMO’ warning Amid Optimism for Bitcoin ETF Approval

The United States Securities and Exchange Commission (SEC) reissues a warning that highlights the risks attached to FOMO (Fear of Missing Out) crypto investing due to growing anticipation around the potential approval of spot Bitcoin exchange-traded funds (ETFs). In a January 6 post on X (formerly Twitter), the SEC’s Office of Investor Education again cautioned […]

Jan. 8, 2024
Crypto ETFs Face Industry Expert Criticism Over SEC Stance
Crypto

Crypto ETFs Face Industry Expert Criticism Over SEC Stance

The U.S. Securities and Exchange Commission (SEC) is facing criticism from influential figures in the finance and crypto sectors over its approach to crypto exchange-traded funds (ETFs). Even though the market has been growing more optimistic, the demand from investors for a Bitcoin tracking ETF amid its rally this year has yet to result in […]

Dec. 28, 2023