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South Korean Crypto-related KOSDAQ Stocks Soar on Bitcoin ETF News


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...

5 Cryptos To Boost Returns in a Stocks and Bonds Portfolio 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...

SEC Chair Gary Gensler Was the Deciding Vote Approving Spot Bitcoin ETFs


The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, cast the deciding vote approving 11 spot bitcoin exchange-traded funds (ETFs) in a landmark decision on Wednesday. Before the approvals, the securities regulator held a vote on spot bitcoin ETFs, with two commissioners...

USDC Stablecoin Issuer Circle Confidentially Files For IPO


Source: AdobeStock Circle Internet Financial – the issuer of the world’s second-largest stablecoin, USD Coin (USDC) – has quietly filed for an initial public offering (IPO) with federal regulators. Their IPO registration follows a series of historic approvals by the Securities and Exchange...

Robinhood Set to List Spot Bitcoin ETFs ‘As Soon As Possible’


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 Approved: Here’s How Crypto Executives Reacted


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


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


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...

US Spot Bitcoin ETFs Set to Make Historic Debut Tomorrow


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...

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