Tagged: etf

ETF, Mutual Fund Manager Van Eck Chastized by SEC for Not Disclosing Influencer Role in Fund Launch

The Securities and Exchange Commission (SEC) has penalized Van Eck, an exchange-traded fund (ETF) and mutual fund manager, for not disclosing the role of an “influencer” in the launch of a new ETF. The specific ETF was the VanEck Social Sentiment (VEAC) ETF (NYSE:BUZZ). Van… Read More

Bitcoin Volatility Following Approval of Spot BTC ETFs – Report

While some are predicting a big move higher in the price of Bitcoin following the approval of eleven Bitcoin ETFs, volatility in the price of BTC is the story today. At this moment, Bitcoin is now trading at around $43,000 after tanking to under $42K. … Read More

WisdomTree Bitcoin Fund to Trade on Cboe Tomorrow (January 11th)

The WisdomTree Bitcoin Fund (BTCW) will be listed on the Cboe BZX Exchange and is expected to commence trading tomorrow, according to a note from the company. The ETF will have an expense ratio of 0.30%,  although for a six-month period commencing January 11, 2024,… Read More

The SEC Approves Bitcoin ETFs

After a false start yesterday, the Securities and Exchange Commission has filed an Order granting approval for eleven spot Bitcoin ETFs to trade on national exchanges. According to the document: “NYSE Arca proposes to list and trade shares of (1) the Grayscale Bitcoin Trust3 and… Read More

Coincover Comments on Possible Bitcoin ETF Approval: Would Put Pressure on Regulators Worldwide

Many insiders expect the Securities and Exchange Commission (SEC) to decide today whether to approve or not approve a Bitcoin Exchange Traded Fund (ETF). The possibility of a spot Bitcoin vehicle trading on the Nasdaq or the NYSE has driven the price of Bitcoin higher… Read More

No Value, No Cash Flow, No Yield, No Product, No Service: John Reed Stark Hammers Bitcoin, Crypto in General

John Reed Stark, a former employee of the Securities and Exchange Commission (SEC) and longtime crypto critic, has taken to X to hammer Bitcoin just as expectations that the SEC will approve Bitcoin ETFs later this month. Stark has been vocal for years now regarding… Read More

Bitcoin ETF Decision Is “Irrelevant” to DeFi, According to Haven1 Co-Founder Jeff Owens

Jeff Owens, co-founder of Haven1, says that any impact a potential spot bitcoin ETF rejection by the SEC has on the DeFi market will “be temporary and has nothing to do with fundamentals in the space.” However, he says that “in the short term, lower… Read More

CoinShares Announces Option to Acquire ETF Firm Valkyrie Funds

CoinShares (Nasdaq Stockholm: CS; US OTCQX: CNSRF) has announced an option to acquire Valkyrie Funds. CoinShares did not provide details beyond the option, which is scheduled to expire on March 31, 2024. Valkryie is a firm that aims to offer a Bitcoin ETF – if… Read More

Global Bitcoin ETF Assets Hit $4.16bn Mark: Report

Global assets in exchange-traded funds (ETFs) tracking the spot price of Bitcoin have reached a staggering $4.16 billion, according to the latest data from CoinGecko. This growing interest highlights the increasing mainstream acceptance of Bitcoin as an investment asset. Canadian investors have taken a particular… Read More

eToro and iShares by BlackRock Expand ETF Education for Investors

eToro, the trading and investing platform, is announcing the launch of free ETF courses on the eToro Academy, made possible through a new partnership with iShares by BlackRock, the largest ETF provider in the world. With a global line-up of 1300+ ETFs and $3.12 trillion… Read More

First Trust Becomes ETF Issuer at SIX Swiss Exchange

First Trust’s two new products raise the total number of ETFs traded at SIX Swiss Exchange to 1,710. Société Générale takes over market making “for continuous liquidity provision.” Christian Reuss, Head SIX Swiss Exchange, said: “We warmly welcome First Trust Global Funds plc as new… Read More

Bitcoin Tops $33,000 as Expectations Rise a BTC ETF is Coming Soon

Bitcoin has increased by over 18% today, now trading at over $33,000. Just yesterday, Bitcoin was trading under $30,000. Bitcoin has always been a volatile digital asset that gyrated quickly in price – sometimes without an apparent catalyst. The most popular crypto in the world… Read More

Not so fast: BlackRock Bitcoin ETF Approval Report Walked Back

BlackRock has denied reports that its Bitcoin ETF has gained approval. Expectations that the Securities and Exchange Commission (SEC) will grudgingly approve an exchange-traded product for a spot Bitcoin fund have helped to drive prices higher of BTC in recent days. Initial reports of an… Read More

Fineqia Analyst Points to SEC’s Decision Not to Appeal Grayscale Decision Driving Bitcoin Higher

It has been widely reported that the Securities and Exchange Commission (SEC) has decided not to appeal a decision by the courts that reflects favorably on Grayscale’s push to launch a Bitcoin ETF. Grayscale currently lists a Bitcoin Trust on OTC Markets, along with other… Read More

VanEck’s Addition of Ethereum Futures ETF Is A Positive Sign for Institutional Acceptance of Digital Assets, Industry Professional Claims

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

More Bitcoin: Another Filing for Bitcoin ETF that Aims to Utilize Leverage to Drive Daily Returns

Volatility Shares Trust has submitted a filing to launch a Bitcoin Exchange Traded Fund (ETF) on the Cboe. According to the document, the Bitcoin ETF utilizes leverage to drive daily returns. The 2x Bitcoin Strategy ETF aims to accomplish the following strategy: “2x Bitcoin Strategy… Read More

BlackRock Subsidiary Files S-1 for Bitcoin ETF

BlackRock subsidiary iShares has filed an S-1 registration statement for a Bitcoin-based exchange-traded fund (ETF). The iShares Bitcoin Trust aims to reflect the performance of the price of Bitcoin, similar to the other ETFs that have attempted to do the same. To quote the registration… Read More

Digital Assets: SEBA Bank’s ETP Recognized as ETP of the Year

SEBA Bank, a regulated entity based in Switzerland, has been recognized as offering the ETP of the Year at the Swiss ETF Awards 2023. The bank’s SEBA Crypto Asset Select Index ETP (SEBAX) was acknowledged for the award. Founded in April 2018, SEBA Bank offers… Read More

Grayscales Has Had Enough, Sues SEC Due to Foot Dragging on Bitcoin ETF

Grayscale Investments, a large digital asset manager with listed products trading on OTC Markets, has sued the Securities and Exchange Commission (SEC) due to the agency’s refusal to approve a Bitcoin-based Exchange Traded Product (ETP) or spot Bitcoin ETF. According to a release, Grayscale filed… Read More

Bitcoin ETF Denied: Grayscale’s Attempt to Offer BTC ETF Blocked by SEC

Grayscale’s most recent attempt of migrating Bitcoin-based GBTC, traded on OTC Markets, to an exchange-traded fund (ETF), has been denied. In an Order posted by the SEC yesterday, the Commission disapproved a proposed rule change that would have allows the spot Bitcoin ETF to trade… Read More