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Hong Kong Lawmaker Urges Government to Follow US in Approving Spot Bitcoin ETFs
11.1.2024
Source: Pixabay In the wake of the United States’ approval of spot Bitcoin ETFs, a lawmaker in Hong Kong has called on the local government to swiftly follow suit and position the city as a leader in the cryptocurrency space. Johnny Ng, a member of the Hong Kong Legislative Council...
Robinhood Set to List Spot Bitcoin ETFs ‘As Soon As Possible’
11.1.2024
Source: DALL·E To better integrate cryptocurrencies into traditional finance, Robinhood CEO Vlad Tenev announced that the platform will list the newly approved spot Bitcoin exchange-traded funds (ETFs) swiftly. According to Tenev’s recent social media post, Robinhood is excited about the Securities...
Spot Bitcoin ETFs May See $4 Billion Inflows on Day 1 of Trading: Bloomberg Analyst
11.1.2024
Source: Adobe / Backcountry Media Analysts are anticipating a substantial influx of $4 billion on the first day of trading for Spot Bitcoin ETFs in the U.S. The US Securities and Exchange Commission (SEC) finally granted official approval to 11 Spot Bitcoin ETFs in a historic decision. With issuers...
Spot Bitcoin ETFs Approved: Here’s How Crypto Executives Reacted
11.1.2024
The US Securities and Exchange Commission (SEC) has finally approved a range of spot Bitcoin (BTC) exchange-traded fund (ETF) applications. The decision comes more than a decade after the initial filing for a crypto-based ETF, a financial product designed to track the performance of various assets...
Coinbase to Custody Eight Spot Bitcoin ETFs Following SEC Approval
11.1.2024
Source: Coinbase Coinbase has announced its official role as the custodian for eight of the newly approved spot Bitcoin exchange-traded funds (ETFs), following a monumental decision by the U.S. Securities and Exchange Commission (SEC). According to a recent blog published by Coinbase,...
US Spot Bitcoin ETF Approved, UK Unlikely to Follow Suit
11.1.2024
Over the years, the FCA has repeatedly flagged concerns about the extreme volatility of crypto assets It’s a historic moment for the cryptocurrency market as the US Securities and Exchange Commission (SEC) finally approved eleven spot Bitcoin ETFs. Crypto enthusiasts around the world are looking...
Cathie Wood Lashes Out at Gary Gensler Over Criticism of Crypto Space after Approving Spot Bitcoin ETFs
11.1.2024
Ark Invest CEO Cathie Wood has expressed disappointment at the statement made by SEC Chair Gary Gensler shortly after the agency approved a dozen exchange-traded funds (ETFs) that directly hold Bitcoin. “He just denigrated the whole crypto space. I couldn’t believe it,” she said...
US Spot Bitcoin ETFs Set to Make Historic Debut Tomorrow
11.1.2024
The long-awaited U.S. spot bitcoin exchange-traded funds (ETFs) will finally commence trading. The Securities and Exchange Commission (SEC) approved 11 spot bitcoin ETFs on Wednesday to be listed and traded on the NYSE Arca exchange, the Nasdaq stock exchange, and the Cboe BZX Exchange. The three...
Robert Kiyosaki Predicts BTC Will Soon Hit $150K as SEC Approves Bitcoin ETFs — Says ‘I Will Be Buying More Bitcoin’
11.1.2024
Rich Dad Poor Dad author Robert Kiyosaki has predicted that the price of bitcoin will hit $150,000 “soon,” as the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin exchange-traded funds (ETFs). He emphasized that he will be buying more bitcoin. Kiyosaki has issued...
Jamie Dimon Insists Bitcoin Doesn’t Have Value as JPMorgan Teams up With Blackrock on Spot Bitcoin ETF
11.1.2024
JPMorgan Chase CEO Jamie Dimon has insisted that bitcoin doesn’t have value, emphasizing that its use cases are sex trafficking, tax avoidance, money laundering, and terrorism financing. However, JPMorgan has teamed up with Blackrock to help the world’s largest asset manager grow...
SEC Chair Gary Gensler Warns Spot Bitcoin ETF Approval Isn’t BTC Endorsement
11.1.2024
Amid the excitement surrounding the approval of spot bitcoin exchange-traded funds (ETFs), U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler issued a statement emphasizing that the regulator did not approve or endorse bitcoin by approving spot bitcoin ETFs. Gensler insisted that...
Bitcoin ETF New Era – 5 Best Cryptocurrencies To Hold in a Traditional Investment Portfolio
11.1.2024
Thursday, January 11, 2024 – Eleven spot Bitcoin ETFs have been approved by the US Securities and Exchange Commission (SEC) and start trading today. The greenlight for the first ever spot crypto ETFs in the US throws open the doors for institutional and retail investors. It provides a regulated...
Biggest Crypto Gainers Today on Uniswap – PNDC, SPX, MOG
10.1.2024
Uniswap logo The biggest crypto gainers today on Uniswap are $PNDC, $SPX and $MOG, while blue chip cryptocurrency markets are mixed on Wednesday in wake of the SEC’s approval of multiple spot Bitcoin ETFs. Bitcoin (BTC) is choppy just under $46,000, with traders looking ahead to the launch of spot...
Bitcoin Wobbles Below $46K, Ether and Grayscale's GBTC Jump as SEC Approves Spot Bitcoin ETFs
10.1.2024
After the spot bitcoin ETF approval, all attention turns to how much demand these investment vehicles will attract
Mass Approvals: SEC Green-Lights 11 Spot Bitcoin ETFs
10.1.2024
The U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. In a historic move after years of anticipation and regulatory hurdles, the approved spot bitcoin ETFs are expected to start trading Thursday...
Bitcoin ETF Approval Frenzy Begins As SEC Finally Approves First Spot Bitcoin Funds, Bitcoin Remains Unresponsive
10.1.2024
The SEC’s green light of spot Bitcoin ETFs opens the floodgates for issuers, but Bitcoin price stayed flat, defying expectations. Image by DREAM DIVE , Adobe Stock. The SEC has finally approved the first spot Bitcoin exchange-traded funds (ETFs) in the US. This monumental decision opens...
Veteran Trader Peter Brandt Labels Bitcoin ETF a ‘Classic Buy the Rumor, Sell the News Event’
10.1.2024
According to the veteran trader Peter Brandt, the current bitcoin exchange-traded funds (ETF) hype which has seen the “average guy on the street” clamoring to get may be a signal to experienced traders that it is time to sell them what they own. Brandt also characterized the expected...
As Crypto Markets Brace For SEC Decision – Here’s Why Bitcoin ETF Token (BTCETF) Could Be The Ultimate Beta Play
10.1.2024
Wednesday, January 10, 2024 – Crypto markets are alive with anticipation for the U.S. Security and Exchange Commission’s long-awaited decision on spot Bitcoin ETFs, and eagle-eyed traders are targeting Bitcoin ETF Token (BTCETF) as the perfect beta play – here’s why. After months...
Former SEC Official Blasts Spot Bitcoin ETFs as Recipe for ‘Financial Ruin’
10.1.2024
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned about investing in spot bitcoin exchange-traded funds (ETFs), which the SEC is expected to approve on Wednesday. He cautioned that spot bitcoin applicants are “nothing more than an opportunistic...
SEC Chair Gary Gensler Issues Crypto Investing Advice — Lawyers See as Prelude to Spot Bitcoin ETF Approval
10.1.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has advised investors to be cautious when considering crypto investments. His advice followed a series of warnings he issued the day before regarding the risks of crypto investing. The SEC is expected to green-light multiple spot...