#bitcoin

United States-approved spot Bitcoin exchange-traded funds (ETFs) could eclipse the entire cryptocurrency exchange-traded product (ETP) market. According to new data from BitMEX research, the existing global market for crypto ETPs includes about 150 products totaling $50.3 billion in assets under management. The list includes spot and futures funds that typically track the performance of leading […]

Ethereum, the second-largest cryptocurrency by market capitalization, faces ongoing scrutiny from the U.S. Securities and Exchange Commission (SEC) as it extends the evaluation period for several Ether exchange-traded funds (ETFs) until May 2024. Among the impacted ETFs are the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF. The Hashdex Ether ETF, designed to […]

Applicants for a spot Bitcoin exchange-traded fund (ETF) have just a few days to make final changes to their filings to meet a looming deadline set by the US Securities and Exchange Commission (SEC).  The regulator has set a deadline for spot BTC ETF applicants to file final S-1 amendments by December. 29, Reuters reported […]

The threat spelled out by Arthur Hayes, the former CEO and co-founder at BitMEX, said a potential downfall of Bitcoin’s recent statement is underlined. Hayes particularly concentrated on the launch of Spot BTC ETFs, highlighting that traditional financial (TradFi) asset managers could be an ugly brute threat against the pioneer cryptocurrency. In his year-end article, […]

BitMEX CEO and co-founder Arthur Hayes has noted the potential impact of successful spot Bitcoin exchange-traded funds (ETFs), suggesting they could spell doom for the leading cryptocurrency. Hayes expressed his concerns in a blog post on December 23, emphasizing the intrinsic value of Bitcoin in its dynamic nature. "Expression" is my last article of 2024. […]

The Central Bank of Nigeria (CBN) has officially lifted restrictions on Nigerian banks facilitating cryptocurrency transactions. This move comes nearly two years after the CBN imposed a comprehensive ban on banks engaging with digital currencies. In a circular sent to banks on Dec. 22, the CBN acknowledged that the increasing global demand and acceptance of […]

Jonathan Goldsmith, a famous actor for portraying “The Most Interesting Man in the World” in Dos Equis beer commercials, is lending his charisma to Bitwise Asset Management’s push for a Bitcoin exchange-traded fund (ETF). Bitwise’s recent promotional efforts, featuring Goldsmith align with the asset manager’s pending Bitcoin ETF application with the United States Securities and […]

The crypto community eagerly awaits the possible approval of a Bitcoin exchange-traded fund (ETF) in the US. However, some analysts warned that this could potentially trigger undesirable consequences for leading exchanges like Coinbase. Experts said the approval of the Bitcoin ETF and the upcoming BTC halving in April 2024 could really shake up the crypto […]

Blackrock, the world’s largest asset manager, has intensified discussions with the U.S. Securities and Exchange Commission (SEC) regarding its spot bitcoin exchange-traded fund (ETF) application. This marks the fourth meeting between Blackrock and the SEC, with SEC Chairman Gary Gensler signaling a renewed focus on spot bitcoin ETF filings. In a meeting memorandum dated Dec. […]