Articles for tag: Attract, Billion, Bitcoin, ETF, Expected, Investments, Spot

Market News

Bitcoin Price Surges as SEC Clears Path for Spot BTC ETF

“Exciting news for Bitcoin investors as the price surges and SEC commissioner supports a spot BTC ETF. Don’t miss out on this opportunity to jump on the cryptocurrency bandwagon!” Bitcoin price was rejected from the midline of the supply barrier at $36,788. BTC could extend a leg lower to test the $30,000 psychological level if ...

Market News

Grayscale Holds Meeting with SEC to Explore Approval for Spot Bitcoin ETF

Grayscale’s meeting with the SEC to explore the possibility of a spot Bitcoin ETF signals potential for mainstream adoption of cryptocurrency investments. Grayscale Investments is making moves to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. In a recent meeting with the SEC, Grayscale executives discussed the details of this conversion, signaling ...

Market News

BlackRock Files for Spot Ethereum ETF, Seeking to Provide Mainstream Access to Cryptocurrency Market

BlackRock’s decision to file for a spot Ethereum ETF signals a growing interest in the potential of cryptocurrency as a long-term investment, and could pave the way for greater mainstream acceptance of Ethereum. BlackRock Inc., the world’s largest asset manager, has filed an application with the U.S. Securities and Exchange Commission (SEC) for a spot ...

Market News

US SEC Releases Guidelines for Exchanges to Offer Spot Bitcoin ETFs

The US SEC’s guidelines on spot Bitcoin ETFs could pave the way for greater accessibility and legitimacy for retail investors looking to enter the cryptocurrency market through traditional financial channels. The U.S. Securities and Exchange Commission (SEC) has given some guidance to exchanges that want to list spot Bitcoin ETFs, according to Bloomberg’s ETF analyst ...

Market News

Spot Bitcoin ETFs on the Horizon as Time Runs Out for Futures Products

As the possibility of spot bitcoin ETFs grows nearer, the pressure is on for futures products to establish themselves as reputable and viable investment options. Stay informed with free updates by signing up to the Exchange Traded Funds myFT Digest, delivered directly to your inbox. Two years ago, the first US exchange traded fund linked ...

Market News

BitGo CEO’s Market Structure Concerns Dampen Hopes for Spot Bitcoin ETF

“The potential for a spot Bitcoin ETF is facing hurdles as BitGo CEO’s concerns over market structure cast doubt on its feasibility, adding more uncertainty to the cryptocurrency’s regulatory future.” It seems like the prospects of a Bitcoin ETF approval by the U.S. Securities and Exchange Commission (SEC) are a hot topic of discussion in ...

Market News

Coinbase: Spot Bitcoin ETFs Could Add Billions to Crypto Market Value

“Investment in spot bitcoin ETFs could potentially inject billions of dollars into the crypto market, providing a significant boost to its overall value, according to Coinbase.” Cryptocurrency-market investors are growing more confident that the U.S. Securities and Exchange Commission will soon give the green light for an exchange-traded fund that invests directly in bitcoin (BTC-USD). ...