Summer has been kinder to digital assets in Europe than in the United States. In August, Europe celebrated the launch of its first Bitcoin spot market exchange-traded fund (ETF), the Jacobi FT Wilshire Bitcoin ETF, in Amsterdam. Meanwhile, the U.S.,…
Bitcoin ETF Filings Poised to Inject a Whopping $30 Trillion into the Bitcoin Market – Bloomberg Analyst
The U.S. Securities and Exchange Commission (SEC)’s green signal to a Bitcoin spot Exchange-Traded Fund (ETF) could catapult an incredible $30 trillion capital flow into the Bitcoin market, Bloomberg ETF analyst Eric Balchunas predicts. This staggering figure embodies the total…
‘Crypto Mum’ gets Presidential Nomination to the SEC till 2025
Hester Peirce who has been affectionately as “Crypto mum” for a while now has been nominated to sit in the U.S Securities and Exchange Commission for a second term. The nomination by president Trump means that the lady who has…
SEC wants Funds to Remove the word ‘Blockchain’ from their ETFs
The U.S Securities and Exchange Commission is cracking down on products that could mislead investors that are eager to understand and gain exposure to Bitcoin- or its underlying technology. So serious is the securities watchdog that it is now pressurizing…