Shark Tank’s Kevin O’Leary Prediction: Spot Bitcoin ETF Approval Faces Lengthy Wait

Key Highlights Renowned Shark Tank investor Kevin O’Leary, also known as Mr. Wonderful, recently addressed concerns over the approval timeline for a spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Speaking at the Benzinga Fintech…

Cathie Wood, CEO of ARK Invest “Bitcoin Represents the Revolution in Money”

In the dynamic landscape of cryptocurrency, as reported by CNBC Television, the spotlight is on Exchange-Traded Funds (ETFs). Collaborating with 21 shares, a global crypto Exchange-Traded Product (ETP) juggernaut with a European focus, we are set to introduce five groundbreaking…

CME Group Surpasses Binance as the World’s Largest Bitcoin Futures Exchange

In a significant shift within the crypto derivatives market, CME Group has overtaken Binance as the top Bitcoin (BTC) futures exchange globally, marking the first time in two years that Binance has been displaced from the throne. With open interest,…

BlackRock Confident of SEC Approval for Spot Bitcoin ETF by January 2024

BlackRock, the world’s largest asset manager with $8.5 trillion worth of assets under management, is growing increasingly confident that the U.S. Securities and Exchange Commission (SEC) will approve its application for a spot bitcoin exchange-traded fund (ETF) by January 2024.…

Grayscale is actively engaging with the Securities and Exchange Commission on Bitcoin ETF – Michael Sonnenshein

Grayscale CEO, Michael Sonnenshein, is optimistic about the future of the company’s proposed bitcoin exchange-traded fund (ETF) following a federal court ruling in their favor. This significant development could potentially lead to the debut of Grayscale’s spot bitcoin ETF in…

Institutional custody of bitcoin could kill it, cautions Hayes

Excitement is buzzing in the crypto community as discussions around the potential approval of a spot Bitcoin ETF gain momentum. However, not everyone shares the optimism. Arthur Hayes, a key figure in the crypto space and the founder of Maelstrom…

Invesco and Galaxy Digital’s Spot Bitcoin ETF Joins BlackRock on DTCC Website

Invesco and Galaxy Digital, two prominent asset managers, have achieved a significant milestone in their pursuit of launching a spot Bitcoin exchange-traded fund (ETF). The Depository Trust and Clearing Corporation (DTCC) recently added the ticker for the proposed ETF, known…

Roundhill files for A Bitcoin Covered Call ETF Ahead of SEC’s Approval

Key Highlights Roundhill’s Pioneering Approach to Crypto Investment: The Bitcoin Covered Call ETF New York-based investment advisor Roundhill Financial is taking proactive steps as the Securities and Exchange Commission (SEC) inches closer to approving Bitcoin spot exchange-traded funds (ETFs). They’ve…

Former SEC Boss Asserts Inevitability of Spot Bitcoin ETF

In a recent discourse with CNBC’s “Last Call,” the former SEC Chair, Jay Clayton, articulated unwavering optimism regarding the impending ratification of a Bitcoin Exchange-Traded Fund (ETF). This sanguine outlook is rooted in the alleviation of regulatory concerns that had…

ARK Invest Divests GBTC Shares Amid Grayscale’s Battle for Bitcoin ETF Approval

We will analysise the recent ARK Invest’s investment activities and strategic moves in the ever-evolving cryptocurrency market. As the market experiences a notable recovery, ARK Invest, led by Cathie Wood, has been actively reshaping its portfolio to seize emerging opportunities.…