The recent surge in Bitcoin ETFs has brought forth a wave of concerns, particularly for major players like Coinbase. Chris Grisanti, Chief Equity Strategy at MAI Capital Management, shares insights into the challenges and opportunities facing Coinbase despite this shift.…
Bitcoin Mania on Wall Street: ETFs Soak Up 5% of Tradable Supply in 30 Days
Bitcoin mania hit Wall Street with full force as exchange-traded Funds (ETFs) absorbed a significant portion of the tradable supply. In just 30 days since the launch of the spot Bitcoin ETF, the cryptocurrency has surged back above the $48,000…
$5.98 Billion Bitcoin Accumulated by Blackrock’s IBIT and Fidelity’s FBTC and more…
The landscape of spot bitcoin exchange-traded funds (ETFs) is witnessing a significant transformation. Recent data sheds light on the substantial accumulation of bitcoin by leading ETFs such as Blackrock’s IBIT and Fidelity’s FBTC. These movements are reshaping the cryptocurrency investment…
“The Game-Changer”: Spot Bitcoin ETFs, a Decade-Long Awaited Breakthrough, Says DACFP Founder Ric Edelman
Spot Bitcoin ETFs have finally received approval, marking a significant milestone for the crypto industry. So, DACFP Founder Ric Edelman, a prominent figure in the financial industry, shared his insights on the groundbreaking decision. So, this move is expected to…
Firms Nearing Approval for Spot Bitcoin Exchange-Traded Funds
Firms seeking to launch spot Bitcoin exchange-traded funds (ETFs) in the United States have made significant progress this week, clearing a major hurdle on their path to regulatory approval. The Securities and Exchange Commission (SEC) staff has informed several exchanges…
Spot Bitcoin ETFs Potential Approval: McClurg’s Insights and Crypto’s Evolution
Valkyrie Asset Management Chief Investment Officer, Steven McClurg, shows confidence regarding the impending approval of the first spot Bitcoin ETF in the United States. During Valkyrie’s application pending with the SEC, McClurg stands alongside other asset managers. The other managers…
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…
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…
SEC Chair Gary Gensler Confirms Evaluation of 8-10 Spot Bitcoin ETF Applications
In the realm of digital assets, the U.S. Securities and Exchange Commission (SEC) currently stands at a critical juncture, evaluating between eight and ten bitcoin exchange-traded fund (ETF) applications. SEC Chairman Gary Gensler has provided significant insights into this process,…
Spot Bitcoin ETFs Within Reach as SEC Declines to Challenge Grayscale’s Court Victory
The United States Securities and Exchange Commission (SEC) has made a significant decision regarding the Grayscale Investments case, opting not to appeal the recent court ruling that favored the company. This development has increased the likelihood of the Grayscale Bitcoin…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
