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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...
Bitwise to Donate 10% of Spot Bitcoin ETF Profits to Open-Source Bitcoin Development
11.1.2024
Source: Pixabay Bitwise Asset Management has unveiled plans to allocate 10% of the profits generated by its Bitwise Bitcoin ETF (BITB) to support Bitcoin open-source development. CEO Hunter Horsley expressed enthusiasm about funding core developers, particularly those who have played pivotal roles...
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...
Ethereum Steals the Spotlight — SEC’s Approval of 11 Bitcoin ETFs Meets Tepid Market Reaction
10.1.2024
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) approved 11 spot bitcoin exchange-traded funds (ETFs), a move long anticipated by crypto enthusiasts. Despite this historic regulatory nod, the price of bitcoin witnessed stale action over the past 24 hours. In striking...
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
Bitcoin Price Prediction as SEC Approves BlackRock’s Spot Bitcoin ETF – $1,000,000 BTC Possible?
10.1.2024
Source: DALL·E The Bitcoin (BTC) price is experiencing choppy trading conditions in wake of the news that the SEC just multiple spot Bitcoin ETF application. Last trading in just under $46,000, the Bitcoin price is close to 1% lower on the day. The regulatory agency gave various US exchanges...
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...
Its “All Systems Go” for Spot Bitcoin ETF Approval, Senior Analyst Says
10.1.2024
Courtesy: Unsplash It’s “all systems go” as the crypto community waits for SEC approval of a spot bitcoin ETF, according to senior ETF analyst, Eric Balchunas. “Happy ETF Approval Day to all those who celebrate,” ETF analyst says “Happy ETF Approval Day (for real this time) to all those...
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...
Altcoins Weekly Losses Grow as Market Liquidations Continue
10.1.2024
Pixabay Cryptocurrencies face market corrections days into 2024 based on several factors ranging from trader gripping reports, a fake spot Bitcoin (BTC) ETF social media post, and other factors. On-chain data shows declining asset prices in the second week of the year, especially around altcoins...