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Fidelity Submits Updated Spot Bitcoin ETF Application


Fidelity has submitted an updated proposal for a spot bitcoin exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). The asset manager joins other applicants in continued efforts to address regulatory concerns that have stood in the way of approving the investment product....

Bitcoin ETF Watchers Wait for "Some Sort of Announcement" on Friday


Observers are eagerly awaiting a potential announcement surrounding the possibility of a Bitcoin (BTC) exchange-traded fund (ETF) on Friday. On October 20, a District of Columbia court is set to issue a mandate that could solidify an August opinion in favor of Grayscale, which sought to convert...

Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023


Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday. Billionaire and Crypto Investor Mike Novogratz Say There’s Been a ‘Huge Psychological...

Mike Novogratz Signals Bitcoin ETF Approval Could Be on SEC's 2023 Agenda


Today, Galaxy Digital's CEO Mike Novogratz shared insights on SquawkBox that signal a potential change in the SEC's stance on Bitcoin ETF approval. According to Novogratz, the SEC is showing signs of potentially approving a spot Bitcoin ETF by the year-end.  Novogratz's comments came in the wake...

BlackRock CEO Larry Fink: Bitcoin Rally Reflects Crypto's Growing Appeal


BlackRock CEO Larry Fink has attributed the recent rally in Bitcoin (BTC)'s price to the increasing interest and demand for cryptocurrencies.  Fink made these remarks in response to a false news report about the approval of a spot ETF, which temporarily triggered a surge in Bitcoin's value. While...

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