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US Lawmakers Slam SEC Over Fake Bitcoin ETF Tweet — Say ‘This Failure Is Unacceptable’
12.1.2024
U.S. lawmakers are demanding answers from the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the regulator’s X account breach that led to a fake tweet on the social media platform announcing the approval of spot bitcoin exchange-traded funds (ETFs), a decision...
Fundstrat Says Bitcoin Is Headed for $150K — Predicts BTC Could Hit $500K in 5 Years
12.1.2024
Financial research firm Fundstrat’s head of research has predicted that the price of bitcoin is headed for $150K and could hit $500K in five years. Emphasizing the cryptocurrency’s finite supply and “a potentially huge increase in demand with a spot bitcoin approval,”...
South Korean Crypto-related KOSDAQ Stocks Soar on Bitcoin ETF News
12.1.2024
Source: mirsad/Adobe South Korean crypto-related KOSDAQ stocks “soared” on the news of the US Securities and Exchange Commission (SEC)’s approval of 11 Bitcoin spot ETFs. No South Korean crypto firm has yet floated on the Korean Exchange. However, several listed companies have...
Robert Kiyosaki Increases BTC Holdings After SEC Approval of Spot Bitcoin ETFs
12.1.2024
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The famous author is deeply concerned about the U.S. economy, particularly the threat...
Here Are the Coins that Will Benefit the Most from the Bitcoin ETF Approval
12.1.2024
Source: DALL·E Some cryptocurrencies are likely to benefit more than others following the SEC’s spot Bitcoin ETF approval in the USA. Spot Bitcoin ETF approval give non-web3 savvy retail and institutional investors easy access to gain direct exposure to Bitcoin (BTC). Spot Bitcoin...
5 Cryptos To Boost Returns in a Stocks and Bonds Portfolio 2024
12.1.2024
The dawn of Bitcoin ETFs presents an opportunity for investors to capitalize through a diversified crypto portfolio allocation. Image by Kerem Goktug Kaya, DALL-E 3. The U.S. Securities and Exchange Commission (SEC) made history this week, approving the first-ever Bitcoin exchange-traded funds...
US Spot Bitcoin ETFs Rack up $4.6 Billion in Trading Volume on Day 1 — Blackrock Debuts With $1 Billion
12.1.2024
U.S. spot bitcoin exchange-traded funds (ETFs) racked up $4.6 billion in total trading volume on their first day of trading. Blackrock, the world’s largest asset manager, debuted with more than $1 billion in trading volume for its Ishares Bitcoin Trust. Grayscale’s spot bitcoin...
The Biggest Bitcoin ETF Threat No One Is Talking About
11.1.2024
A majority of bitcoin ETF issuers have chosen Coinbase as a custodian, which is a concentration of risk. Even if that is the safest option, new cybersecurity standards are needed for making crypto custody truly safe
UBS Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors: Source
11.1.2024
The Zürich-based banking giant's decision contrasts with Vanguard's decision to bar customers from buying bitcoin ETFs
Spot Bitcoin ETFs Wage Fee War as Bitwise Charts Unique Path
11.1.2024
In a strategic bid to dominate the emerging spot Bitcoin ETF market, financial giants like Blackrock and Invesco/Galaxy unveil aggressive fee cuts, while Bitwise takes an innovative philanthropic approach. Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More...
Bitcoin Price Prediction as Rich Dad Poor Dad Author Says He’s Buying More Bitcoin after ETF Result
11.1.2024
Bitcoin, the world’s largest digital cryptocurrency, recently witnessed a significant surge, exceeding $47,000. This remarkable increase is attributed to the U.S. Securities and Exchange Commission (SEC) approving 11 new Bitcoin Exchange-Traded Funds (ETFs), marking a pivotal moment in...
Gary Gensler’s Bitcoin ETF Clown Show
11.1.2024
From hacks to unnecessary delays to ungracious statements, the SEC chair has made few friends as he finally approves these in-demand BTC products for the first time
US Congressional Committee Demands SEC Briefing on Misleading Bitcoin ETF Information on X
11.1.2024
Source: AdobeStock A group of Republican lawmakers from the US House Financial Services Committee has urged Securities and Exchange Commission (SEC) Chairman Gary Gensler to address inquiries concerning the hack of the agency’s X account on January 9, 2024. In a press release on January...
Bitcoin ETF Essential Facts: Prices, Winners, Losers, Tickers and Fees
11.1.2024
BlackRock’s iShares Bitcoin Trust took an early lead in trading volume as 11 spot bitcoin ETFs open their doors to the investing public. The nine trillion dollar asset manager attracted trading volume of $17.9 million in the first hour. Close behind it was ‘crypto native’ asset...
Ethereum ETF Approval Hopes Rise as Bitcoin Funds Launch Successfully—Is an SEC Nod Around the Corner?
11.1.2024
The launch of Bitcoin ETFs has fueled speculation that approval for an Ethereum ETF may not be far behind. Image by wuiffiuw, Adobe Stock. The launch of the first Bitcoin exchange-traded funds (ETFs) today has sparked optimism for a potential Ethereum ETF approval by the SEC. The SEC finally gave...
Bitcoin ETFs Explained: What Are They & How Do They Work?
11.1.2024
Bitcoin ETFs provide traditional investors with a regulated investment vehicle that enables them to invest in Bitcoin without having to directly own the underlying cryptocurrency
Record $2.3B in Bitcoin ETF Trades as BTC Rockets to $49K, Then Plummets Below $46K
11.1.2024
At 11 a.m. Eastern Time (ET) on Jan. 11, 2024, the newly launched spot bitcoin exchange-traded funds (ETFs) boasted a remarkable trading volume of $2.3 billion. However, in a dramatic turn of events later that afternoon, bitcoin’s spot markets experienced a steep decline, with prices falling...
Balaji Srinivasan Equates Bitcoin ETF Move to Reversal of FDR’s Historic Gold Seizure
11.1.2024
The sanctioning of U.S. spot bitcoin exchange-traded funds (ETFs) heralds a transformative shift from a century-long dominance of centralized monetary systems to the emerging realm of decentralized finance, as opined by Balaji Srinivasan, a distinguished figure in technology and the crypto...
Investment Giant Vanguard Blocks Clients From Buying Bitcoin ETFs
11.1.2024
Vanguard, one of the largest asset managers in the world, is preventing customers from buying the newly approved bitcoin ETFs
Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs
11.1.2024
Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin...