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Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume
20.10.2021
The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely “defied...
Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF
19.10.2021
Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin...
Mark Cuban Won’t Invest in Bitcoin ETF, Prefers to Buy BTC Directly
17.10.2021
The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that...
SEC Tweets About Funds Holding Bitcoin Futures — Expectations of Impending Bitcoin ETF Approval Soar
15.10.2021
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may soon approve bitcoin exchange-traded funds (ETFs), especially those investing in bitcoin futures....
Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’
11.10.2021
On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of crypto investors who believe that a bitcoin exchange-traded fund (ETF) will send the crypto asset’s value to the moon, Morehead explains it could be...
Bitcoin ETF Approval Expected by Month’s End, Prominent Hedge Fund Puts More Weight Behind BTC
7.10.2021
The price of bitcoin soared past the $55K handle on Wednesday for the first time in four months giving proponents hope the crypto bull run has been re-ignited. Speculators are predicting a bitcoin exchange-traded fund (ETF) will be approved soon and some believe bitcoin will outperform other crypto...
Crypto-Friendly Bank Backed by Warren Buffett’s Berkshire Hathaway Plans $2 Billion IPO on Nasdaq
16.8.2021
Nubank, a Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, is reportedly planning an initial public offering (IPO) on Nasdaq. Nubank is crypto-friendly and offers investments in a bitcoin exchange-traded fund (ETF). The bank said, “The cryptocurrency ETF can be...
US SEC Commissioner Says Bitcoin ETF Approval Long Overdue
5.7.2021
SEC Commissioner Hester Peirce says that the regulator should have approved a bitcoin exchange-traded fund (ETF) in the U.S. a long time ago. She emphasized that it is not the SEC’s job to approve or reject applications based on the merits of the underlying investment itself. “People...
SEC Seeks Commentary From ‘Interested’ Individuals on Vaneck Bitcoin ETF
17.6.2021
The U.S. Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision. In a notice published on Wednesday, the SEC thinks “interested persons” should provide...
Johannesburg Stock Exchange Rejects Bitcoin ETF Application, Cites Lack of Regulatory Framework
14.6.2021
South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework...
Warren Buffett’s Berkshire Hathaway Invests in Bitcoin-Friendly Digital Bank
10.6.2021
Berkshire Hathaway, the company led by CEO Warren Buffett, has invested $500 million in a pro-bitcoin digital bank. Nubank says it will offer bitcoin investment following its acquisition of brokerage firm Easynvest which offers the trading of Brazil’s first bitcoin exchange-traded fund (ETF)....
Fund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF
25.5.2021
On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U.S. Securities and Exchange Commission (SEC). According to the Form S-1 filed, One River wants to list a carbon-neutral bitcoin ETF on the New York Stock Exchange (NYSE)....
SEC Commissioner: Banning Bitcoin Is Like Shutting Down Internet — Government Would Be ‘Foolish’ to Try
14.4.2021
SEC Commissioner Hester Peirce compares banning bitcoin to shutting down the internet, stating that governments would be foolish to try. She also offers some insights into whether the SEC will approve a bitcoin exchange-traded fund (ETF) this year. Governments Would Be Foolish to Try to Ban Bitcoin...
Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray
13.4.2021
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called...
Off to the Races: Kryptoin Re-files Bitcoin ETF Opting to List on Cboe Over Nasdaq
11.4.2021
On April 9, 2021, the Delaware-based company and sponsor of the “Kryptoin Bitcoin ETF Trust” filed an S1 amendment for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The asset manager re-filed its 2019 ETF application and instead...
Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF
5.4.2021
On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention...
Fidelity Applies to Launch Bitcoin ETF Amid Accelerating Institutional Demand for BTC
25.3.2021
Fidelity has filed with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund (ETF). The ETF will track the price of bitcoin as measured by the performance of the Fidelity Bitcoin Index. Fidelity Seeks SEC’s Approval Launch a Bitcoin ETF FD Funds...
Scaramucci’s Skybridge Capital Registers With SEC to Launch a Bitcoin ETF
22.3.2021
Anthony Scaramucci’s Skybridge Capital has filed an S-1 registration form with the Securities and Exchange Commission (SEC) for a bitcoin exchange-traded fund (ETF). The prospectus for the “First Trust Skybridge Bitcoin ETF Trust” notes that the ETF aims to list common shares...
North America’s First Bitcoin ETF Now Holds Over 11,000 BTC
4.3.2021
The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching...
Goldman Sachs Brings Back Bitcoin Trading Desk as the Firm Sees Crypto Market Becoming More Mature
2.3.2021
Global investment bank Goldman Sachs has brought back its bitcoin trading desk and will start handling bitcoin futures next week. The firm is also reportedly exploring the potential for a bitcoin exchange-traded fund (ETF) and plans to provide a crypto custody service. Goldman Sachs Group Inc....