The approval of a spot Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC) appears imminent despite recent delays, according to former SEC Chair Jay Clayton. In an interview this week, Clayton stated he believes the approval of a spot Bitcoin ETF that would allow retail investors direct access to the cryptocurrency itself […]
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The FBI arrested the man allegedly responsible for hacking the US Securities and Exchange Commission’s (SEC) X account and using it to make a fake post about the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US in January.
The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn't make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.
BTC has been the talk of the market ever since the Securities & Exchange Commission of the United States finally announced its approval for the Spot Bitcoin ETF. $100 billion could flow into cryptocurrencies in 2024 Bitcoin is grabbing all the attention these days primarily because the exchange-traded funds enable large money managers to access […]
Bitcoin (BTC), the leading cryptocurrency, is currently in an upward accumulation phase, inching closer to surpassing its current yearly high of $38,390. This upward trend is further fueled by the anticipation surrounding the approval of Bitcoin spot exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC).
Bitcoin updates confirm optimism as the crypto maintained uptrends since early 2023, ignoring multiple sell signals as players focused on the potential spot exchange-traded fund approval. Meanwhile, declining liquidity as the holidays approach might see Bitcoin plunging from its current territory (at the $37K vicinity).
Among asset managers worldwide, anticipation has reached a fever pitch for the approval of spot Bitcoin ETF. While the potential for these ETFs to drive significant capital and investment into the crypto industry, including Bitcoin, is remarkable, there are concerns that analysts may have overlooked.
The fervor around a US-based Bitcoin ETF approval is peaking with predictions of propelling Bitcoin to $150,000. This approval could mark a new dawn for Bitcoin, echoing a broader sentiment of acceptance and mainstream crypto adoption.
In a recent report released by Matrixport, a digital assets financial services platform, the spotlight shifts beyond Bitcoin (BTC) as the eagerly anticipated approval of a Bitcoin spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC) could have far-reaching effects.
In a startling turn of events, false information regarding the approval of the iShares Bitcoin Spot ETF by BlackRock sparked a massive Bitcoin price surge yesterday, resulting in the premier cryptocurrency reaching a two-month high of approximately $30,200 (on Bitfinex).
Eric Balchunas predicts that the approval of a Bitcoin ETF in the US could disrupt major cryptocurrency exchanges, as it would offer a more cost-effective and efficient method of buying Bitcoin.
The post Bloomberg Analyst: Crypto Exchanges Will ‘Suffer’ After Bitcoin ETF Approval appeared first on BeInCrypto.
Former SEC Chair Jay Clayton has weighed in on ongoing debate over Bitcoin ETFs, stating in recent interview that approval for spot Bitcoin Exchange-Traded Fund is 'inevitable'
OI on Bitcoin futures has hit a new ATH on both Binance and CME, while annualized daily basis on Binance is closing on 13%.
The post Euphoria is Back Ahead of ETF Listings: Bitcoin Hits k and Ether Nearly k as NYSE Certifies “Approval for Listing” first appeared on BitcoinExchangeGuide.
Bitcoin touched the $60,000 mark today, as traders anticipate the approval of Bitcoin futures exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC).
The post Bitcoin Touches $60,000 Amid Hype of ETF Approval appeared first on BeInCrypto.
As the SEC "kicks the can" on traditional Bitcoin ETFs, the Bitcoin futures equivalent is gearing up for likely approval, says Bloomberg's Eric Balchunas.
The Securities and Exchange Commission has extended the deadlines for four Bitcoin ETFs. The Commission cited the need for additional time to “take action on the proposed rule change. ” Cryptocurrency proponents remain hopeful for the approval of a US Bitcoin ETF in the near future.
The wait for the Bitcoin ETF approval from the United States Securities and Exchange Commission (SEC), has been long drawn out. However, there are chances it might be coming to an end soon. If BloombeThe post SEC may approve Bitcoin ETF by October, opening up 'window for massive inflow' appeared first on AMBCrypto.
Key takeaways Mike McGlone, Bloomberg’s Intelligence and Commodity Strategist, predicts a Bitcoin ETF approval is likely by October. McGlone adds that it is most likely to be a futures based ETF.
Officials from the financial services corporation privately met with the top regulator to defend…
The post Fidelity Investments held Bitcoin ETF approval talks with SEC appeared first on Coin Journal.
Fidelity Digital Assets has held a meeting with the United States Securities and Exchange Commission (SEC) on September 8, 2021, in a bid to make the regulatory watchdog see reasons why it’s not too early to approve a Bitcoin exchange-traded fund (ETF).
Digital assets manager Ark Invest's ARK Next Generation Internet ETF has been under approval review for a few months, and the company has now decided to amend it. As per its latest filing with the UniThe post With U.
VanEck is one of the dozen companies awaiting an answer from the SEC on approval of physically-backed Bitcoin ETF and has also filed for a futures-backed Bitcoin ETF, which is raising Grayscale’s hackles.
The United States Securities and Exchange Commission [SEC] has at least a dozen applications for a Bitcoin exchange-traded fund [ETF] before it. And yet, none of them have been approved. Although the The post For Grayscale, here's the upside to the SEC's Bitcoin ETF approval delay appeared first on AMBCrypto.
Eric Balchunas and James Seyffart – Bloomberg’s in-house ETF analysts – on Tuesday published an investor note that predicts that a Bitcoin ETF approval may likely arrive in October. They suggest that the recent Ethereum futures ETF withdrawal that ProShares and VanEck made could be an indicator that things are beginning to move rapidly in […]
American banking giant Citigroup has filed an application to start trading BTC futures with Chicago Mercantile Exchange (CME), CoinDesk reports. According to sources familiar with the matter, Citigroup is awaiting approval from the regulator.
It is no secret that the US Securities and Exchange Commission's (SEC) approval of Bitcoin ETF is greatly anticipated. While, elsewhere in the world, countries such as Brazil and Dubai have already taThe post Assessing the odds of a Bitcoin ETF being launched by October appeared first on AMBCrypto.
According to the bank’s spokesman on Tuesday, Wall Street giant Citigroup (NYSE: C) is eager as they await regulatory approval to start offering bitcoin (BTC, -3. 59%) futures trading contracts on the Chicago Mercantile Exchange (CME).
Citigroup is now considering whether to offer its biggest clients the option to trade in Bitcoin futures, citing increased demand in the cryptocurrency space. According to the reports, the banking giant is currently awaiting approval to begin trading CME Bitcoin futures.
The crypto market topped $2 trillion this week, a month after Bitcoin went below $30,000. Speculation rises again when the U. S. will get a Bitcoin ETF, 8 years after the Winklevoss twins tried to gain SECs approval.
Coinbase has announced plans to convert an additional $500 million of its balance sheet into crypto assets after the exchange received approval from its board of management, according to CEO Brian Armstrong.
Mike Novogratz-helmed Galaxy Digital has filed an application with the SEC to gain approval for its Bitcoin futures exchange-traded fund (ETF). The digital asset manager is the latest to join the queue of other firms hoping to lay claim to the bitcoin product.
A French investment manager, Melanion Capital, has gained approval to list a bitcoin equities Exchange Traded Fund (ETF) on Paris headquartered Euronext which has some €5.6 trillion in listed assets....
Crypto supporter SEC Commissioner Hester Peirce countered Gary Gensler, saying the existing securities laws don't work well for certain aspects of crypto. It was “people's freedom to interact using new technology” that has produced the innovation.
The new chair of the Securities and Exchanges Commission (SEC), Gary Gensler, has hinted a certain type of a bitcoin ETF might be approved. Speaking at the Aspen Security Forum,...
Former SEC chairman Jay Clayton has had a major role reversal as he now fights for a Bitcoin ETF approval. Clayton Joins Fight for Bitcoin ETF Approval While the newly-appointed SEC chairman, Gary Gensler continues to work toward establishing a regulatory framework for digital assets, his predecessor, Clayton finds himself on the opposite side ofRead More
Ben Slavin, Global head of ETFs at the Bank of New York Mellon (BNY Mellon) has confidence that a Bitcoin Exchange Traded Fund (ETF) shall be in place before the end of 2021. The ETF specialist acknowledged that the bank was receiving a tremendous amount of demand from its asset management and institutional clients for […]
A recent development in the crypto industry shows that clients of the second-largest bank in America can now engage in Bitcoin futures trading. The sources of this information stated their preference to remain anonymous.
After garnering the approval of a supermajority in parliament, El Salvador enacted its Bitcoin Law, essentially becoming the world’s first country to adopt bitcoin as legal tender. The Bitcoin Law was passed just hours after President Nayib Bukele first revealed his intentions to introduce it.
Shiba Inu (SHIB), Cardano (ADA), and Lightchain AI; Could they be on the verge of a price explosion in 2025? As the crypto market gains momentum, these three coins are capturing the attention of investors.
Chainlink is at a turning point right now. Traders are watching to see if it can stay above an important support level before moving again. The price has been climbing steadily over time, moving up and down within clear boundaries.
Litecoin (LTC) has long been regarded as one of the most stable and reliable cryptocurrencies in the market. Acting as the “silver” to Bitcoin’s digital “gold,” LTC offers fast transactions and lower fees, securing its position as a go-to cryptocurrency for both traders and long-term holders.
ONDO token is trading close to support at $0. 70-$0. 75, and traders are talking about a possible price reversal. A recent analysis shows the asset forming a bullish wedge pattern, which has led to big price increases in the past.
Celestia has gained nearly 6% in the past 24 hours, and traders are watching closely to see if it can push even higher. Right now, the key resistance level sits between $4. 50 and $5. 00. If the price of TIA can break above this zone and hold, it could continue climbing toward $5.
London, UK – CESUR Mining, a global leader in renewable energy-powered cloud mining, has announced the launch of new high-yield mining contracts designed to maximize passive income for cryptocurrency enthusiasts.
The DOGE price is up 2. 5% today, now trading at $0. 167. As a reminder, Dogecoin hit a local high of around $0. 47 in December before the start of a major pullback that’s in line with the rest of the market.