With the odds of a US government shutdown increasing by the day, the Securities and Exchange Commission (SEC) is reportedly looking to expedite Ethereum Futures exchange-traded funds (ETFs) approvals, according to senior Bloomberg analyst Eric Balchunas. Meanwhile, the SEC remains hesitant to approve spot Bitcoin ETF applications, with the agency …
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According to the filing, Coinbase will securely hold and manage the actual Bitcoin assets that underpin the ETF. The company has also confirmed that the Bitcoin ETF will be listed and traded on the Cboe BZX Exchange, Inc. Franklin Templeton, an asset management company, has entered the competition among companies …
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The SEC has now postponed decisions on several spot BTC ETF applications, including ARK 21Shares, Valkyrie, WisdomTree, VanEck, and Bitwise. The United States Securities and Exchange Commission (SEC) has officially delayed making a decision on a spot Bitcoin exchange-traded fund (ETF) proposal from ARK 21Shares. The Commission seems to be …
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Grayscale’s decision to file for an Ether futures ETF comes on the heels of a significant legal victory against the US Securities and Exchange Commission (SEC). Renowned crypto asset manager Grayscale Investments recently filed for a new Exchange-Traded Fund (ETF) that will track Ethereum (ETH) futures, as reported by the …
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One of the latest developments in the Bitcoin market is the potential approval of a Bitcoin Exchange-Traded Fund (ETF). An ETF is a financial product that allows investors to gain exposure to an asset without having to directly own it. In the case of a Bitcoin ETF, it would provide …
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Without aggressive marketing tactics, fintech giant PayPal is quietly and consistently venturing deeper into the crypto space, rolling out features and building key partnerships to advance its digital assets strategy. This week, PayPal unveiled new on-ramps and off-ramps for cryptocurrencies for its clients in the United States — a noteworthy …
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Hashdex’s rivals, such as Ark Invest and 21Shares, have also approached the SEC with their separate applications for spot Ether ETFs. Popular US-based stock exchange Nasdaq has formally filed an application with the Securities and Exchange Commission (SEC) seeking approval to list an Ethereum (Ether) Exchange-Traded Fund (ETF). This innovative …
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Bitcoin (BTC) has recently sent a cautionary signal to cryptocurrency investors, with Bloomberg Intelligence’s senior macro strategist, Mike McGlone, issuing a stark warning amid the renewed hopes for exchange-traded funds (ETFs). Despite the BTC’s resilience, McGlone suggests that its recent price decline could foreshadow an impending liquidity crisis, especially in …
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The first spot Bitcoin exchange-traded fund (ETF) application, filed in July 2013, was denied in both 2017 and 2018. A decade has passed since that initial application, and the Securities and Exchange Commission has rejected more than a dozen additional applications and repeatedly punted the date for deciding on others. …
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Bitcoin, which rose after Grayscale won its SEC case, has fallen to its lowest point since March as the market awaits an ETF decision. Bitcoin (BTC) is not keeping up with the bulls as it fell 1% in 24 hours, crashing below the $25,700 mark. The price is some distance …
Read More »The crypto community has been kept at the edge of its seat as the SEC decided to postpone a decision on the 7 Spot Bitcoin ETFs filed over the last few months. During such a pensive time, market analysts have predicted the SEC authorizing a Spot Bitcoin ETF while the …
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With the Bitwise ETF application gone, the crypto community is now awaiting the SEC’s decision on the remaining applications by WisdomTree, Invesco Galaxy, Valkyrie, VanEck, and Fidelity. In a surprising move, Bitwise, an asset management company based in San Francisco, has decided to withdraw its application for the Bitcoin (BTC) …
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