Search
Robert Kiyosaki Increases BTC Holdings After SEC Approval of Spot Bitcoin ETFs
12.1.2024
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The famous author is deeply concerned about the U.S. economy, particularly the threat...
5 Cryptos To Boost Returns in a Stocks and Bonds Portfolio 2024
12.1.2024
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...
US Spot Bitcoin ETFs Rack up $4.6 Billion in Trading Volume on Day 1 — Blackrock Debuts With $1 Billion
12.1.2024
U.S. spot bitcoin exchange-traded funds (ETFs) racked up $4.6 billion in total trading volume on their first day of trading. Blackrock, the world’s largest asset manager, debuted with more than $1 billion in trading volume for its Ishares Bitcoin Trust. Grayscale’s spot bitcoin...
SEC Chair Gary Gensler Was the Deciding Vote Approving Spot Bitcoin ETFs
11.1.2024
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...
UBS Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors: Source
11.1.2024
The Zürich-based banking giant's decision contrasts with Vanguard's decision to bar customers from buying bitcoin ETFs
Spot Bitcoin ETFs Wage Fee War as Bitwise Charts Unique Path
11.1.2024
In a strategic bid to dominate the emerging spot Bitcoin ETF market, financial giants like Blackrock and Invesco/Galaxy unveil aggressive fee cuts, while Bitwise takes an innovative philanthropic approach. Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More...
Bitcoin ETF Essential Facts: Prices, Winners, Losers, Tickers and Fees
11.1.2024
BlackRock’s iShares Bitcoin Trust took an early lead in trading volume as 11 spot bitcoin ETFs open their doors to the investing public. The nine trillion dollar asset manager attracted trading volume of $17.9 million in the first hour. Close behind it was ‘crypto native’ asset...
Ethereum ETF Approval Hopes Rise as Bitcoin Funds Launch Successfully—Is an SEC Nod Around the Corner?
11.1.2024
The launch of Bitcoin ETFs has fueled speculation that approval for an Ethereum ETF may not be far behind. Image by wuiffiuw, Adobe Stock. The launch of the first Bitcoin exchange-traded funds (ETFs) today has sparked optimism for a potential Ethereum ETF approval by the SEC. The SEC finally gave...
Bitcoin ETFs Explained: What Are They & How Do They Work?
11.1.2024
Bitcoin ETFs provide traditional investors with a regulated investment vehicle that enables them to invest in Bitcoin without having to directly own the underlying cryptocurrency
Record $2.3B in Bitcoin ETF Trades as BTC Rockets to $49K, Then Plummets Below $46K
11.1.2024
At 11 a.m. Eastern Time (ET) on Jan. 11, 2024, the newly launched spot bitcoin exchange-traded funds (ETFs) boasted a remarkable trading volume of $2.3 billion. However, in a dramatic turn of events later that afternoon, bitcoin’s spot markets experienced a steep decline, with prices falling...
Investment Giant Vanguard Blocks Clients From Buying Bitcoin ETFs
11.1.2024
Vanguard, one of the largest asset managers in the world, is preventing customers from buying the newly approved bitcoin ETFs
Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs
11.1.2024
Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin...
Bitcoin ETFs Stir Optimism, Ambivalence and Dread Among Crypto's Staunchest Supporters
11.1.2024
They make the asset class "less of a scary concept" to mainstream audiences, bitcoin advocate Jameson Lopp said
XRP Price Prediction as Bitcoin ETF Goes Live – Will XRP Get an ETF Next?
11.1.2024
The XRP (XRP) price predictions remain bearish in the short term as spot Bitcoin ETFs go live in major US financial markets. The XRP price was last around $0.60, roughly flat on the day. The cryptocurrency earlier found strong resistance at its 21 and 50DMAs, which reside at $0.6060 and $0.6160...
Bitcoin ETFs Too Small to Affect Broader Investment Landscape, Moody’s Analysts Say
11.1.2024
The exchange-traded funds will allow better access to bitcoin through regulated entities and draw institutional investors, but the crypto is still a very small asset class, CoinDesk was told
Bitcoin ETFs and Wall Street: A Double Milestone
11.1.2024
The U.S. listing of ETFs based on spot BTC is more than a milestone for Bitcoin. Noelle Acheson points out that it is also a milestone for Wall Street
Grayscale, BlackRock Are Volume Leaders as Bitcoin ETFs Debut
11.1.2024
Here's a ranking of the 11 newly trading bitcoin ETFs, in terms of first-day trading volume
Non-profit Better Markets Says Bitcoin ETFs Approval Will “Harm Investors, Markets, and Financial Stability”
11.1.2024
Source: Pixabay Better Markets, a non-profit organization that advocates for financial reform and more stringent financial regulations, has come out in stout opposition to the newly-approved spot Bitcoin ETFs. In a statement published on the Better Markets website on Wednesday, the organization’s...
The US now has spot Bitcoin ETFs, affirming the future of money
11.1.2024
Spot Bitcoin exchange-traded funds (ETFs) have been approved in the United States. The picture depicts eleven such ETFs, eight of which are affiliated with Coinbase. This speaks volumes about the development of the cryptocurrency economy. Spot Bitcoin ETFs introduced by the leading asset managers...
Solana Price Prediction as Bulls Push SOL Above $100 – Can SOL Reach $1,000?
11.1.2024
The Solana price has jumped by an impressive 11% in the past 24 hours, surging to $105.60 as the wider crypto market responds to the SEC approving several Bitcoin ETFs yesterday. SOL has now risen by 49% in the last 30 days and by a whopping 566% in the past year, making it one of […]
The...