Bitcoin ETF

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 […]

A potential BlackRock Bitcoin ETF is the­ subject of speculation in a new CNBC report. It suggests that if approved by the SEC, this ETF has the­ potential to become the­ most dominant in the market. More than te­n financial giants are considering filing to launch a Bitcoin ETF. Howeve­r, an analyst, suggests that BlackRock’s […]

The former Chair of the US Securities and Exchange Commission (SEC), Jay Clayton, said there is a high probability that the regulator will approve the launch of a spot Bitcoin ETF sooner or later. This follows a court ruling that favors the conversion of Greyscale’s Bitcoin Trust (GBTC) into a spot ETF. Recently, the agency […]

As Bitcoin’s rally gains focus, analysts contribute diverse optimistic forecasts for the primary cryptocurrency amid heightened attention. IntoTheBlock, a prominent analytics platform, has thrown its weight behind Bitcoin’s resurgence, citing Grayscale’s triumph over a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). The next focal point on Bitcoin’s journey? Bitcoin is back in […]

On August 30, popular crypto tracking service Whale Alert spotted several XRP transactions totaling a staggering amount — nearly half a billion XRP. Ripple Labs was actively involved in the transfer of this huge crypto stash.  Whale Alert highlighted three XRP transactions, carrying 424,018,481 XRP, 31,000,000 XRP, and 27,600,000 XRP. Ripple Lab transfers 31 million […]

A three-judge panel of the District of Columbia Circuit handed Grayscale a major victory against the United States SEC in a lawsuit over the conversion of Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. Earlier, the financial regulator rejected the GBTC application, saying the product was not designed to prevent manipulative and fraudulent acts […]

The optimism surrounding the­ anticipated approval of a spot-based Bitcoin exchange­-traded fund (ETF) has faded. This shift come­s as BTC witnessed outflows worth $42 million this we­ek. This week in Fund Flows by @CoinSharesCo Head of Research @jbutterfill: Digital asset investment products saw outflows totalling US$55m — we believe this is in reaction to recent […]

Jacobi Asset Management, a London-based investment firm, has launched the first Bitcoin exchange-traded fund (ETF) in Europe, surpassing the United States in this pivotal development. The Jacobi FT Wilshire Bitcoin ETF debuted on Euronext Amsterdam after securing approval from the Guernsey Financial Services Commission (GFSC) in October 2021. The ETF, traded under the symbol BCOIN, comes with a 1.5% […]