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Crypto Products for European Investors Experiencing ETF FOMO


Source: AdobeStock / Craig European crypto enthusiasts are on the sidelines watching as the U.S. Securities and Exchange Commission (SEC) approved eleven spot bitcoin exchange-traded funds experiencing FOMO (fear of missing out) – it’s worth noting there are already plenty of products...

South Korea Regulator Holds Firm Stance Against Crypto ETFs Approval


Source: AdobeStock While the US has finally approved a decade-long wait for Bitcoin exchange-traded funds (ETFs), South Korea still stands firm in banning BTC ETFs. South Korea’s Financial Services Commission (FSC) said that the launch of virtual currency ETFs is “impossible”...

Bitcoin ETF Essential Facts: Prices, Winners, Losers, Tickers and Fees


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...

Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs


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...

Cathie Wood criticizes Gary Gensler for demeaning crypto


Even though Gensler, the chairman of the SEC, ultimately approved the spot Bitcoin ETF, his support for Bitcoin and cryptocurrencies was manifestly lacking. His stance explicitly stated that he did not support it. He advised investors to exercise utmost caution when making decisions, considering...

The US now has spot Bitcoin ETFs, affirming the future of money


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...

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...

Bitcoin is “Not Taking Off” as Mainstream Payment: BoE Governor


Source: AdobeStock / Iakov Kalinin Andrew Bailey, Bank of England governor, says cryptos lost its momentum to keep up a in the mainstream payments system. He stressed that cryptos such as Bitcoin are “pretty inefficient” as a payment method as it has not “keep up the momentum.” “My own sense...

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,...

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