Tagged: bitcoin etf

Competitive Enterprise Institute Financial Services Expert Comments on Bitcoin ETF Ruling: The SEC Should Heed the Words of the Court

Yesterday, Grayscale received a solid legal victory in its attempt to offer a Bitcoin ETF. A federal court deemed the Securities and Exchange Commission’s decision to block the launch of the exchange-traded product as “capricious”. Grayscale is currently reviewing its options and the SEC has… Read More

Grayscale Earns Win in Court in Battle with the SEC Regarding Bitcoin ETF, Bitcoin Rises

Bitcoin caught an updraft today following the news that Grayscale booked a victory in the US Court of Appeals in its ongoing battle with the Securities and Exchange Commission (SEC) in regard to its effort to list a Bitcoin ETF. Grayscale already trades the Grayscale… Read More

Crypto ETFs: Jacobi Asset Management Lists Europe’s Spot Bitcoin ETF on Euronext Amsterdam

Jacobi Asset Management has listed Europe’s first spot Bitcoin ETF on Euronext Amsterdam. The Jacobi FT Wilshire Bitcoin ETF reportedly “represents the first digital asset fund compliant with SFDR Article 8 through its decarbonization strategy.” Jacobi has implemented “a verifiable built-in Renewable Energy Certificate (REC) solution… Read More

NYC Based Digital Asset Research Says Crypto ETPs Show Rising AUM

Crypto Exchange Traded Products (ETPs) are gaining traction – at least outside the US, according to Digital Asset Research (DAR). The company believes that ETPs or ETFs (Exchange Traded Funds) are ready for broader institutional adoption. According to their data, ETPs based on crypto or… Read More

Coinbase Surges After Cboe Mentioned Crypto Exchange in its Latest Bitcoin ETF Application

Coinbase (NASDAQ:COIN) stock surged significantly after the Cboe named the cryptocurrency exchange in its recent Bitcoin ETF application. Shares of Coinbase, the largest US-based digital asset exchange, surged 13% yesterday after the exchange operator Cboe stated that it would be working with Coinbase in order… Read More

Fidelity Introduces Bitcoin ETP in Germany

After making numerous unsuccessful attempts in the US to get a Bitcoin ETF that tracks BTC spot price, Fidelity, one of the world’s largest asset managers, has now introduced such products in Canada and European markets. On Tuesday (February 15, 2022), Fidelity introduced a European… Read More

SEC Denies NYSE Arca’s Attempt to List Bitcoin ETF

The Securities and Exchange Commission (SEC) has once again denied an attempt to list a Bitcoin Exchange Traded Fund (ETF). In a filing last week, the SEC outlined its justification “disapproving a proposed rule change to list and trade shares of the First Trust SkyBridge… Read More

Bitcoin Analysts See Good, Bad Behind Recent Bitcoin Price Hikes

While Bitcoin’s recent price gains have some clear reasons behind them, some analysts believe it’s a troublesome development. Genesis head of market insights Noelle Acheson said the increased valuations are due to more than increased inflows, it’s also because of a combination of recent tailwinds too…. Read More

Bitcoin Futures ETF Trades on NYSE. Should You Buy? Jodie Gunzberg Says it is Horrible for Investors

There has been a lot of discussion about the first Bitcoin ETF to trade on a US-based exchange. ProShares Bitcoin Strategy ETF (NYSE:BITO) commenced trading today and currently is trading slightly higher. But there has been a fair amount of criticism regarding this ETF because… Read More

Will We See a Bitcoin ETF This Year? Maybe…

Recently, SEC Chairman Gary Gensler voiced his opinion that a Bitcoin ETF may provide sufficient investor protection for a fund to move forward with the regulatory process. More specifically, Gensler appeared to support Bitcoin Futures ETFs – and not spot-priced funds. Gensler has long stated… Read More

Haobo Ma: CEO and Founder at aelf, a Decentralized Cloud Computing Platform, Shares Insights on Crypto Industry Trends

We recently caught up with Haobo Ma, the CEO and Founder at blockchain platform aelf – which is powered by Cloud computing. Ma talked about his approach to cryptocurrency investments and how he got involved in the space back in 2010, which was when he… Read More

DeFi and Blockchain-focused ETF Filed by Goldman Sachs, Will Support Digitization of Finance

Giant Wall Street investment bank Goldman Sachs (NYSE:GS) has reportedly submitted an application with the US Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) that could provide exposure decentralized finance (DeFi) and blockchain initiatives to public firms. Although there are not too many… Read More

Robo-Advisor AQUMON Launches SmartGlobalX, a “Smart” Bitcoin ETF Product for Investing in Securitized Digital Assets

Robo-advisor AQUMON has launched SmartGlobalX, which is described as a “smart” Bitcoin exchange-traded-fund (ETF) investment portfolio. It integrates SmartGlobal algorithms with a Bitcoin ETF in order to allow customers to invest in securitized digital assets, starting from as low as $1,000. AQUMON’s management noted that… Read More

Grayscale 100% Committed to a Bitcoin ETF

Grayscale, a company that claims to be the world’s largest crypto asset manager, says it is “100% committed to converting GBTC” to an Exchange Traded Fund (ETF). GBTC trades on OTC Markets and allows retail investors to easily invest in Bitcoin via a traditional brokerage… Read More

Bitcoin ETF: Pending US BTC Exchange Traded Fund Applications include WisdomTree, VanEck, NYDIG Asset Mgmt, Skybridge, First Trust 

The researchers at Bloqport have confirmed that only a month after launch, the first-ever Bitcoin ETF has reached $1 billion CAD in assets under management or AUM (as of March 20, 2021). Just one month after launch, the first ever #Bitcoin ETF has hit $1… Read More

North American Purpose Bitcoin ETF Now Holds Over 11,000 Bitcoin (BTC) Valued at More than Half a Billion Dollars

The North American Purpose Bitcoin ETF, which was introduced last month, has reportedly seen huge demand, as over $165 million in trading volume was recorded (as of February 19, 2021). The new ETF is the first Bitcoin exchange-traded fund (ETF) in North America. It now… Read More

With Only 2 Weeks In, BlockFi Bitcoin Trust Just Slightly Under $100M, as Second BTC ETF Goes Live on Toronto Stock Exchange

Zac Prince, CEO and Co-founder at BlockFi, a fast-growing digital assets platform, notes that with just two weeks in, the company’s Bitcoin trust is just ”a pinch” under the $100 million mark (in total BTC holdings). 2 weeks in, BlockFi’s Bitcoin trust is just a… Read More

Digital Assets Ecosystem Surpasses $1.5T Market Cap, $60B in BTC held by Public Firms, as First Bitcoin ETF to Launch in Canada

Researchers at Bloqport have confirmed that publicly-traded firms and fund managers now hold approximately $60 billion worth of Bitcoin (BTC), which is around 6% of the digital asset’s circulating supply. Publicly-traded companies and fund managers now hold around $60 billion worth of #Bitcoin, roughly 6%… Read More

Resurrected: SEC Reviewing its Rejection of NYSE Arca’s Bitwise Bitcoin ETF Application

The US Securities and Exchange Commission (SEC) has sent a letter to NYSE Arca stating it is reviewing its rejection of the company’s request to bring a Bitcoin “Bitwise” ETF to market. While the Commission reviews its decision, the rejection has been stayed. The letter… Read More

VanEck and SolidX Withdraw Bitcoin ETF Proposal at SEC

VanEck and SolidX have withdrawn their request to the SEC for a rule change that would have allowed the Cboe BZX Exchange to list retail shares issued by the VanEck SolidX Bitcoin Trust. The application for the rule change was first filed January 30th of this… Read More

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