Tagged: bitcoin etfs

October 2, 2024 @ 11:42 am By Omar Faridi  |  

Jacobi Asset Management has reportedly chosen Zodia Custody for Bitcoin ETFs. Zodia Custody now becomes the primary custodian for Jacobi’s Bitcoin ETF, bringing robust risk controls along with regulatory compliance for institutional investors Zodia Custody, a which claims to be an “institution-first” digital asset custodian,… Read More

April 11, 2024 @ 3:49 pm By Omar Faridi  |  

Following the approval of multiple spot Bitcoin ETFs and resulting rising Bitcoin prices, Norman Wooding, CEO of SCRYPT, has shared his perspective on the increased institutional demand for Bitcoin. Norman Wooding from SCRYPT, a Swiss-licensed company offering a range of crypto asset services, has commented… Read More

January 22, 2024 @ 6:01 pm By Omar Faridi  |  

Alchemy Pay, a payment gateway that connects crypto with traditional fiat currencies for businesses, developers, and end users, notes that the approval of the Bitcoin Spot ETF signifies a significant step “towards the enhanced institutionalization of cryptocurrencies, paving the way for bitcoin to reach a… Read More

January 14, 2024 @ 5:45 pm By Omar Faridi  |  

David Carlisle, the Vice President of Policy and Regulatory Affairs at Elliptic, noted that on January 10, the US Securities and Exchange Commission (SEC) undertook the landmark step of approving 11 spot Bitcoin exchange traded funds (ETFs). David Carlisle, who brings a wealth of experience… Read More

January 14, 2024 @ 4:11 am By Omar Faridi  |  

Valmar Capital,  a digital assets multi-manager multi-strategy platform that brings together a broad array of crypto-strategies and emerging talent, has taken a look ahead to comment on key anticipated developments to watch in 2024. Valmar Capital, which says its approach is backed by institutional-grade infrastructure,… Read More

January 13, 2024 @ 4:05 pm By Omar Faridi  |  

Spectrum Markets, the pan-European trading venue for securities saw a surge in overnight activity on products “linked to bitcoin, in the hours following the SEC’s announcement approving the first spot bitcoin ETF.” The volume of bitcoin-linked instruments “traded on Spectrum Wednesday was five times higher… Read More

January 12, 2024 @ 8:37 am By Omar Faridi  |  

Galaxy Asset Management, which claims to be one of the largest digital assets and blockchain investment managers, in partnership with Invesco Ltd. (NYSE: IVZ), a global provider of exchange-traded funds (ETFs), announced the launch of the Invesco Galaxy Bitcoin ETF (BTCO). BTCO invests directly in… Read More

January 11, 2024 @ 11:45 am By Omar Faridi  |  

As expected by most industry analysts and also after an embarrassing false start (following the official SEC X account being “compromised”) the US Securities and Exchange Commission (SEC) has finally approved 11 spot bitcoin ETF applications – which were submitted by traditional financial and crypto-focused… Read More

January 8, 2024 @ 3:13 pm By Omar Faridi  |  

The Bitcoin spot ETF approvals are expected to be announced this week. The final decisions are now expected to come this Wednesday, with trading starting before the end of this current week. In preparation for all of this, each ETF administrator is required to disclose… Read More

January 8, 2024 @ 11:52 am By Omar Faridi  |  

Dennis M. Kelleher, Co-founder, President, and CEO, issued the following statement on the filing of Better Markets’ Supplemental Comment Letter to the Securities and Exchange Commission (SEC) in response “to multiple proposed rule changes filed by national securities exchanges seeking to list and trade shares… Read More

January 8, 2024 @ 9:13 am By JD Alois  |  

Some of the sponsors of potential Bitcoin ETFs are updating fees to make their products more appealing to potential investors. Highlighted in a series of X’s by Bloomberg, amended S-1s were hitting the Securities and Exchange Commission’s Edgar filing system this morning. Franklin Bitcoin ETF… Read More

January 7, 2024 @ 5:30 pm By Omar Faridi  |  

The team at Coincover thinks the crypto industry could be on an upward trajectory heading into 2024 with the anticipation of approval for a Bitcoin ETF and “a remarkable 51% decline in hacks in 2023.” Coincover‘s Head of Legal, Yoann Leokowitz, has recently shared his… Read More

January 7, 2024 @ 4:54 pm By Omar Faridi  |  

Kyle Waters and Tanay Ved from Coin Metrics noted that digital assets rebounded sharply in 2023 as market conditions “improved across the board and institutional interest accelerated alongside the impending launch of a spot Bitcoin ETF.” Looking to 2024, there are a number of important… Read More

January 4, 2024 @ 11:11 pm By Omar Faridi  |  

BitGo will serve as the official custody provider for the Hashdex Bitcoin ETF pending approval. ETF applications require regulated custodians. BitGo’s support underscores “a shared commitment by both companies to a more robust and secure market infrastructure. If approved, Hashdex Bitcoin Futures ETF (ticker: DEFI)… Read More

December 4, 2023 @ 10:46 pm By Omar Faridi  |  

This past week saw several notable developments in the digital assets and blockchain space. As widely reported, the US Securities and Exchange (SEC) is seeking feedback on proposed bitcoin ETFs by Franklin Templeton and Hashdex. In other key updates, Interactive Brokers has now launched retail… Read More

November 29, 2023 @ 6:48 pm By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) is requesting the public for additional feedback regarding the proposed spot Bitcoin (BTC) exchange-traded-funds (ETFs) from Franklin Templeton and Hashdex. The SEC stated on Tuesday (November 28, 2023) that it is seeking more feedback from the public regarding… Read More

October 2, 2023 @ 10:11 am By Omar Faridi  |  

At the end of last week we saw a number of updates regarding the push for ETFs, with VanEck readying an Ethereum futures ETF, Ark pushing to win the race for the first spot Bitcoin ETF and the US Securities and Exchange Commission (SEC) delaying… Read More

August 13, 2023 @ 2:03 pm By Omar Faridi  |  

The US Securities and Exchange Commissin (SEC) has postponed its decision regarding Cathie Wood‘s spot Bitcoin ETF application. The US SEC recently confirmed that it will be delaying its decision on whether to greenlight the Cathie Wood-backed Ark Investment Management’s (ARK) spot bitcoin Exchange-Traded Fund…. Read More

July 28, 2023 @ 10:25 am By Omar Faridi  |  

Craig Salm, Chief Legal Officer at Grayscale, notes that as we all await a decision from the DC Circuit in their lawsuit to convert GBTC to a spot bitcoin ETF, the firm’s legal team at Davis Polk submitted a comment letter “to GBTC’s pending 19b-4… Read More

August 21, 2021 @ 6:32 pm By Omar Faridi  |  

The team at Blockstream, a Bitcoin-focused firm, has released its Markets Weekly Report, dated  August 20, 2021. As noted in the report from Blockstream, Bitcoin is currently on pace “to finish on the top end of this week’s range for the fifth weekly win in… Read More