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Senator Elizabeth Warren Says SEC Is Wrong for Approving Spot Bitcoin ETFs


U.S. Senator Elizabeth Warren has slammed the U.S. Securities and Exchange Commission (SEC) for approving spot bitcoin exchange-traded funds (ETFs). She stressed that the securities regulator is “wrong on the law and wrong on the policy with respect to the bitcoin ETF decision.” Senator...

Unraveling Gensler’s Strategy: The Reason Behind Allowing Spot Bitcoin ETFs


When the Securities and Exchange Commission (SEC) decided to approve Spot Bitcoin ETFs for public trading on Wednesday, the deciding vote fell to chairman Gary Gensler. After years of criticizing and rejecting such products, what caused the chairman to change his mind? Based on his recent comments...

BlackRock’s New Bitcoin ETF Debuts Strong, Holding Over $120 Million in BTC


BlackRock’s spot Bitcoin ETF now holds 2,620 BTC worth $120 million after launching on the Nasdaq exchange. Image by Sundry Photography, Adobe Stock. BlackRock’s new spot bitcoin exchange-traded fund (ETF) is off to a powerful start, holding 2,620 bitcoins worth over $120 million after...

Genesis Global Trading Pays $8M to Settle New York Lawsuit


Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Friday in a statement

Groundbreaking Debut for Bitcoin ETFs, Garnering $4.5 Billion on Day One


Source: Adobe / Backcountry Media The new spot Bitcoin ETFs made a significant impact when they debuted on Wall Street on Thursday, collectively amassing $4.5 billion in volume on their first day of trading. The impressive debut exceeded market observers’ expectations, reflecting the strong...

VanEck ceases multi-currency trading in USD for select ETPs


VanEck announced the cessation of USD multi-currency trading for a subset of Exchange Traded Products (ETPs). Among these are VDOT, VBTC, VETH, and VSOL. Although they are not listed for trading on the SIX Swiss Exchange, they are available for purchase in USD and EUR on Euronext Amsterdam, Xetra...

Robinhood’s trading app lists all 11 Spot Bitcoin ETFs


The US-based investing platform Robinhood has officially made all eleven spot bitcoin exchange-traded funds accessible to brokerage and retirement accounts.  Johann Kerbrat, general manager of Robinhood Crypto, believes that cryptocurrencies will comprise the future financial structure. Enhanced...

Spot Bitcoin ETF shines on the first trading day


The US Securities & Exchange Commission has ended a month-long wait by approving a major share of Spot Bitcoin ETF applications. The impact was such that the product witnessed an accelerated trading volume on the first day itself. Overall, the trading volume was above $4.5 billion, with...

Exness averages $3.7T in trading volume for 2023


December marked a time when activities in the trading market were low due to the holiday season. It affected liquidity to some extent, and traders were mostly on the lookout for some break from volatility that they would otherwise come across. However, Exness had a different story ongoing that...

Yuan International Review – Scam or Legitimate Trading Software


Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Yuan International advertises itself as the pinnacle of crypto intelligence software, providing users with a way to engage with the dynamic world of leveraged trading. According to the website...

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