Eric Balchunas, a senior ETF analyst at Bloomberg, recently shared on Aug. 10th that North America currently dominates the global crypto ETF trading volume with a staggering 97.7% market share. Notably, he speculated that this percentage could soar even higher to 99.5% if regulators in the United States approve spot Bitcoin ETFs. Several firms have […]
Bitcoin, the largest cryptocurrency in the world based on market capitalization, has attracted significant interest from financial institutions. These institutions are now preparing to introduce exchange-traded funds (ETFs) that track and reflect its value. ETF analyst James Seyffart tweeted several significant dates regarding the race for approval. These include deadlines for ARK 21Shares Bitcoin ETF, […]
In a recent interview with Bloomberg TV, Mike Novogratz, the founder of crypto investment firm Galaxy Digital, expressed his belief that the approval of a spot Bitcoin exchange-traded fund (ETF) would carry significant weight and serve as a “seal of approval” from the US government and its securities regulator, the SEC. Novogratz highlighted the increasing […]
Grayscale Investments CEO Michael Sonnenshein has hailed the recent wave of spot Bitcoin exchange-traded fund (ETF) filings as a crucial moment of validation for the cryptocurrency. In an interview on CNBC’s Last Call on July 12, Sonnenshein dismissed any notions that BlackRock’s entry into the Bitcoin ETF race would diminish its appeal, emphasizing that it […]
New York-based investment firm Berenberg Capital Markets has released a comprehensive analysis. The analysis projects a surge in Bitcoin value ahead of its upcoming halving event, set to occur in approximately four months. MicroStrategy, the technology company founded by Michael Saylor, is poised to capitalize on this anticipated market development. Bitcoin-oriented stocks are expected to […]