Search
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...
Analyst Says Bitcoin Price Crashed Before Gensler’s Tweet: It “Was a Reaction to What was Believed to be Real News”
10.1.2024
Source: Getty Images A new analysis has revealed that the recent Bitcoin price crash was a reaction to what was believed to be genuine news of spot ETFs getting approved, resulting in a classic “sell the news event.” The analysis, conducted by Matteo Greco, research analyst at Fineqia...
SEC Faces Backlash from Crypto Leaders for Erroneous Bitcoin ETF Tweet
10.1.2024
Source: Adobe/Kristina Blokhin The Securities and Exchange Commission (SEC) has found itself in hot water after an unauthorized tweet on its official account suggested that spot Bitcoin exchange-traded funds (ETFs) had been approved. The incident, which caused significant volatility in the crypto...
About 10 Fund Companies Preparing to Launch Spot Crypto ETFs in Hong Kong: HashKey Group
10.1.2024
Source: iStock/Onfokus While 13 Bitcoin spot ETFs await approval from the US SEC, the Chief Operating Officer of HashKey Group, Livio Weng, has revealed that about ten fund companies are currently preparing to launch Virtual Asset Spot Exchange-Traded Funds in Hong Kong. Weng said that seven...
ProShares Bitcoin Strategy ETF (BITO) Surpasses $2 Billion in Assets, Sets All-Time High
10.1.2024
Image Source: Adobe The ProShares Bitcoin Strategy ETF (BITO), an exchange-traded fund focused on Bitcoin (BTC) futures, has amassed over $2 billion in assets, reaching an all-time high. According to data by YCharts, BITO’s assets stood at $2,010,057,946 as of the market close on January...
Two US Senators Ask SEC to Deliver Report to Congress on Breach of X Account
10.1.2024
Source: AdobeStock/ rarrarorro Two United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account. In a letter addressed to SEC Chair Gary Gensler on the same day...
Grayscale’s Bitcoin Trust (GBTC) Outpaces Majority of ETFs with Half a Billion in Trading Volume
9.1.2024
Image by Ascannio, Adobe Stock Grayscale’s Bitcoin Trust (GBTC) has demonstrated significant trading volume, surpassing the majority of existing exchange-traded funds (ETFs). According to industry expert Eric Balchunas, the fund traded close to half a billion dollars on January 8, outshining...
Investors Take Caution Amid Leverage Purge and Delayed Spot Bitcoin ETF Prospects: Expert
5.1.2024
Image by plysuikvv, Adobe Stock Investors have grown more cautious ahead of the US Securities and Exchange Commission’s upcoming decision on the approval of an exchange-traded fund (ETF) linked directly to Bitcoin (BTC). According to Jacob Joseph, a research analyst at CCData, the recent...
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...
Hashdex Launches New Ad Campaign Amid SEC Deliberation on Bitcoin ETF Approvals
28.12.2023
Source: Adobe Stock Hashdex, an asset management firm, has released a new advertisement as the U.S. Securities and Exchange Commission (SEC) is in the process of reviewing applications for the listing of spot Bitcoin exchange-traded funds (ETFs) in the country. On December 28, Hashdex posted...
Grayscale Discount Continues to Narrow as Spot Bitcoin, Ether ETF Euphoria Works Through Markets
13.11.2023
Prices on the major cryptocurrencies stabilized after a rally at the end of the U.S. trading week, while crypto winter continues to thaw in every part of the market from bitcoin to ether and DEXs