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Goldman Sachs Set to Become Authorized Participant in BlackRock and Grayscale’s Bitcoin ETFs: Report
3.1.2024
Goldman Sachs is expected to be the latest financial institution to take on the role of authorized participant (AP) in two key Bitcoin ETFs, according to a new report. Traditional finance’s adoption of crypto The report, published by CoinDesk early Wednesday afternoon, claims insider sources...
Matrixport Report Says SEC Unlikely to Approve Spot Bitcoin ETFs in January, Price to Drop Below $40,000
3.1.2024
The crypto financial services platform Matrixport has said it does not see the U.S. Securities and Exchange Commission approving any spot bitcoin exchange-traded fund in January. In its latest report, the crypto platform said it foresees the price of bitcoin dropping “back to...
SEC To Finalize Comments On Spot Bitcoin ETFs With Nasdaq, NYSE
3.1.2024
Source: DALL·E The U.S. Securities and Exchange Commission (SEC) will reportedly hold meetings with the nation’s largest stock exchanges on Wednesday, refining all details related to a suite of Bitcoin ETF applications. “The SEC is holding meetings today with the exchanges (Nasdaq, CBOE, NYSE)...
Dogecoin Price Prediction as DOGE Slumps 10% as $1 Billion Trading Volume Comes In – Can DOGE Hit $1 in 2024?
3.1.2024
Dogecoin (DOGE) is down sharply on Wednesday, with the price having dipped around 10% over the past 24 hours, in line with a broader sell-off witnessed across the crypto market. Fears that the US SEC might not approve spot Bitcoin ETFs in the very near-future have triggered frenzied trading...
Bitcoin ETF Looks Very Likely Given These Bureaucratic SEC Steps
3.1.2024
We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow
CBOE Predicts Spot Bitcoin ETFs to Draw Investments from Pension Funds and RIA-Based Funds
3.1.2024
Source: Adobe / jirsak The Chicago Board Options Exchange (CBOE) believes the approval of spot Bitcoin (BTC) ETFs will usher in a new wave of institutional investors. In a recent interview on Bloomberg TV, John Palmer, the president of CBOE Digital, said that ETF approval would unlock...
Jim Cramer: Bitcoin Can’t Be Killed — It’s a Technological Marvel That Is Here to Stay
3.1.2024
Jim Cramer, the host of CNBC’s Mad Money show, has made some bullish statements regarding Bitcoin. Noting that the crypto cannot be killed, he emphasized: “It’s a technological marvel, and people have to start recognizing that it’s here to stay.” He further stated...
SEC Still Processing Spot Bitcoin ETF Paperwork, Report
3.1.2024
Anticipation of spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC) remains high, but the securities regulator reportedly still has a lot of paperwork to go through. While some speculate on a late-week announcement, others expect it early next week...
Grayscale Updates Spot Bitcoin ETF Application but Left out Some Key Information
3.1.2024
Crypto asset management firm Grayscale Investments has updated its spot bitcoin ETF filing in hope of being included in the initial round of decisions by the U.S. Securities and Exchange Commission (SEC). However, the firm has omitted some key information that the SEC reportedly wants included...
SEC Reportedly Overwhelmed with Paperwork as Deadline for Spot Bitcoin ETFs Approach
2.1.2024
Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC) is reportedly swamped with a substantial amount of paperwork as the January 10 deadline for the approval of spot Bitcoin (BTC) ETFs approach. According to Eleanor Terrett, a journalist for FOX Business, a spot Bitcoin...
Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
2.1.2024
Vaneck’s director of digital assets strategy has explained why people tend to underestimate the long-term impact of spot bitcoin exchange-traded funds (ETFs). He believes that upon the approval of a U.S. spot bitcoin ETF by the Securities and Exchange Commission (SEC), “bitcoin’s price trajectory...
Is It Too Late to Buy Filecoin? FIL Price Turns Green as New Meme Coin Approaches Exchange Launch – Time to Buy?
1.1.2024
In the ever-evolving landscape of cryptocurrencies, Filecoin (FIL) has recently emerged as a notable player, capturing the market’s attention with its significant price surge and growing utility. This interest in Filecoin is particularly intriguing in light of the broader context of...
‘Bitcoin in the West Has Sold out, and Now Only the Global South Can Save BTC’ — Ray Youssef
1.1.2024
According to Ray Youssef, the CEO of Noones, peer-to-peer (P2P) bitcoin trading is the United States’ public enemy number one because its potential widespread adoption by people from the Global South represents the “world’s first real threat to the U.S. Treasury system.”...
SEC Could Approve Spot Bitcoin ETFs by Tuesday or Wednesday, Sources Say
1.1.2024
The U.S. Securities and Exchange Commission (SEC) could make a decision regarding the approval of spot bitcoin exchange-traded funds (ETFs) on Tuesday or Wednesday, according to a report. Anticipation for the first-ever U.S. spot bitcoin ETFs intensified last week as prominent asset managers...
Bitwise Plans to Seed Spot Bitcoin ETF With $200 Million, SEC Filing Shows
31.12.2023
Bitwise has revealed in an amended filing with the U.S. Securities and Exchange Commission (SEC) a plan to seed its spot bitcoin exchange-traded fund (ETF) with $200 million. This significantly exceeds Blackrock’s $10 million seed commitment for its spot Bitcoin ETF that’s planned...
Blackrock Names JPMorgan as Authorized Participant for Spot Bitcoin ETF Despite Jamie Dimon Wanting to Ban Crypto
31.12.2023
Blackrock, the world’s largest asset manager, has named JPMorgan as a lead authorized participant for its spot bitcoin exchange-traded fund (ETF). This followed JPMorgan CEO Jamie Dimon stating in a congressional hearing that bitcoin and cryptocurrency are used primarily for criminal...
Spot Bitcoin ETF Applicants Flood SEC With Filing Updates Before Deadline
30.12.2023
Major asset managers, including Blackrock, Fidelity, Bitwise, and Wisdomtree, submitted their revised spot bitcoin exchange-traded fund (ETF) filings shortly before the deadline set by the U.S. Securities and Exchange Commission (SEC) on Friday afternoon. The securities regulator reportedly wants...
SEC’s Cash Only Restriction for Spot Bitcoin ETF Is Nonsense, Says Vaneck Director
30.12.2023
A director of digital assets strategy at asset management firm Vaneck says the U.S. Securities and Exchange Commission (SEC)’s cash-only requirement for spot bitcoin exchange-traded funds (ETFs) is “nonsense.” He predicted that it would not hold out for long since publicly listed...
SEC Looks to Enhance Control by Trimming Intermediaries in Spot Bitcoin ETFs: Bloomberg Analyst
29.12.2023
Source: AdobeStock Bloomberg analyst Eric Balchunas has shared insights on the latest requirements imposed by the U.S. Securities and Exchange Commission (SEC) to regulate the involvement of third parties in Spot Bitcoin ETFs through a “cash-create” redemption model. The SEC has set...
Ripple Expands To Ireland, Grayscale CEO Bullish On Bitcoin ETF, Pullix Presale Gains Traction
29.12.2023
In a series of developments, Ripple, Bitcoin, and Pullix are in the news again. While Ripple has expanded its operation to Ireland, Grayscale CEO believes spot Bitcoin ETFs will bring $30 trillion into the market. Presently, Pullix’s PLX, an ERC20 token, is in the presale stage. Getting...