Bitcoin ETF

Dennis Kelleher, CEO of Better Markets, strongly discouraged the U.S. Securities and Exchange Commission (SEC) from approving a spot Bitcoin exchange-traded fund (ETF). Kelleher wrote a letter to SEC Secretary Vanessa Countryman on Jan 5, asserting that such approval would be against the fundamental principles of this body and create huge risks for investors. This […]

The crypto community is abuzz with anticipation as speculation mounts over the potential approval of a spot Bitcoin Exchange-Traded Fund (ETF) on Friday. Social media played a pivotal role in fueling these expectations. A tweet from Grayscale’s legal chief stating, “Just filling out some forms,” and a widely shared tweet from TechCrunch reporter Jacquelyn Melinek […]

Bitcoin price remains on the radar of investors as the wheels of the United States’ financial and economic machinery start turning again after the New Year’s Day holiday. In a concise week, market participants closely watch key economic events, particularly the release of the Federal Reserve’s December meeting minutes, which could influence the trajectory of […]

Bitcoin investors may face initial disappointment with the launch of spot Bitcoin exchange-traded funds (ETFs), according to Gabor Gurbacs, an adviser at VanEck. Gurbacs highlights regulatory hurdles and market dynamics as potential factors shaping the trajectory of these innovative financial instruments. Gurbacs contends that the initial influence of a Bitcoin ETF is being overestimated, projecting […]

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. […]

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 […]

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. […]

Grayscale is actively seeking the green light from the U.S. Securities and Exchange Commission (SEC) to convert Bitcoin Trust (GBTC) into a spot Bitcoin ETF. As anticipation grows for SEC approval of spot Bitcoin ETF filings, Grayscale aims to dispel the confusion surrounding the tax implications for GBTC shareholders. In a recent twist, a Bloomberg […]

The U.S. Securities and Exchange Commission (SEC) is gearing up for a pivotal decision on Ark Investment’s application for a spot bitcoin (BTC) exchange-traded fund (ETF), with a deadline set for January 10, 2024. Ark Investment, a prominent Florida-based asset management firm, recently updated its S-1 filings with the SEC on December 2, 2023, as […]