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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]