On Monday October 23, the Depository Trust and Clearing Corporation (DTCC) had listed BlackRock's iShares Bitcoin Trust (iBTC), to which it had added the ticker. This symbol, used to identify the asset manager's ETF, was withdrawn on Tuesday October 24. The latest news confirms the relisting of BlackRock's Bitcoin ETF.
The financial market is eagerly awaiting the possible approval of a bitcoin spot ETF. In this regard, Fidelity, Ark Invest, and Invesco have recently updated their requests with the SEC. This is in response to letters demanding clarification on the matter. The crypto community perceives this action as a positive sign of ongoing dialogue between the companies and the regulatory authority.
Rumor has it that the SEC is about to approve Ishares' Bitcoin ETF. Verdict tomorrow.
About 6 months from now, the Bitcoin halving, which is the 'halving' of rewards given to miners working with the Bitcoin protocol, is set to take place. The Bitcoin halving has been the subject of various speculations and analyses, with discussions ranging from the potential price increase of BTC to the challenges miners might face, as well as systemic effects. JP Morgan predicts that this event will have a negative impact on the profitability of mining operations.
The race for the approval of a Bitcoin Spot ETF is gaining ground in the United States. Faced with pressure from legislators, the SEC, the crypto market regulator, could soon put an end to the suspense and make a final decision.
One Step Forward, Two Steps Back: SEC Approves Bitcoin/Ethereum Futures ETFs, but Remains Cautious on Bitcoin Spot ETFs. Crypto Community, Financial Institutions, and U.S. Officials Grow Impatient. When Will Gary Gensler's Team Decide on Bitcoin Spot ETFs? A Former BlackRock Executive Shares Insights.
ProShares, the global leader in crypto-linked ETFs, announces the launch on Monday, October 2, of the ProShares Ether Strategy ETF (EETH), the first ETF to target the performance of the cryptocurrency ether. At the same time, ProShares is also launching two ETFs that each look to provide performance that corresponds to a blended return of bitcoin and ether.
October starts off on a high note for cryptocurrency enthusiasts. We're referring to the sudden rally that is currently propelling Bitcoin and Ethereum to new highs. Dubbed 'Uptober,' this unexpected surge is triggering optimistic forecasts within the crypto community. Leading up to it, the market has seen over $70 million in liquidated crypto shorts in just a matter of hours.
From the surprising cyberattack faced by Huobi, to the mounting pressure on the SEC regarding the approval of the Bitcoin ETF, and the bold initiative by NASA to use blockchain to authenticate its moon landings – the week has been full of twists and turns. And that's just a glimpse. Let's dive into these stories and more to start this new week with a clear view of the crypto horizon!
VanEck anticipates that its request for the deployment of an Ethereum ETF futures will receive approval from the SEC in the near future. This prediction is accompanied by an extensive charm offensive aimed at the crypto community. Recently, VanEck has made a commitment to donate a portion of its profits derived from its ETH ETFs to Ethereum. Details!
In a frantic race of crypto ETFs, Valkyrie Investments, already renowned for its Bitcoin Mining ETF, has once again eclipsed its competitors. The firm proudly presents the first Ethereum ETF in the US, reinforcing its pioneering status in the sector.
The crypto arena is on the verge of a revolution. According to Bloomberg analysts, the first Ethereum Spot ETFs could make their debut in the U.S. market as early as next week.
In a climate of heightened anticipation, the crypto community eagerly awaits the SEC's verdict on Bitcoin spot ETFs. Several U.S. lawmakers, recognizing the significance of the matter, are actively urging the SEC to approve these ETFs without further delay.
In a world where bitcoin fever continues to gain momentum, a new chapter looks set to open, promising far-reaching upheavals in the global financial landscape. A veritable tidal wave seems to be in the making, orchestrated by asset management titans who control colossal fortunes. These giants, armed with their trillions, are ready to invest massively in bitcoin. Such an incursion could well redefine the financial paradigms we know today. But what if a significant fraction of this financial windfall were to make its way into the crypto market?
The crypto industry has been rocked by news of Bitcoin ETFs, a financial product that could revolutionize the way institutional investors interact with Bitcoin. Gracy Chen, CEO of Bitget, offers her perspective on the subject in this exclusive interview.
The first domino of the bull run has fallen. U.S. companies will soon be able to account for their Bitcoin holdings at their fair value.
For the past few months, Bitcoin ETFs have been among the most closely followed news items on the crypto market. The reason for this is their potential role in the explosion of asset prices, starting with bitcoin. Indeed, the eventual arrival of a Bitcoin ETF on the market is seen as good news. But it seems, according to some experts, that it could thwart the ambitions of crypto exchanges. Here's why.
Bloomberg analysts increase their estimates of the chances of approval of a Bitcoin Spot ETF in the US. This change is the result of Grayscale's recent victory against the SEC in the Court of Appeals. An analysis which, if it proves correct, should boost the crypto sector considerably.
September 1ᵉʳ is the deadline given to the U.S. Securities and Exchange Commission (SEC) to rule on Bitcoin ETF applications. This is the date by which Bitwise will know whether its ETF will win SEC approval. Five other applicants will receive a response from the regulator the following day, while one will have to wait until September 04.
The journey towards a potential Bitcoin ETF has so far been long and arduous. But some key decisions in the race are likely to be made this week. Meanwhile, the crypto faithful are waiting to see how things play out this time.
While the SEC is waging an anti-crypto war, the US regulator has just suffered a setback against Grayscale regarding the Bitcoin ETF. The federal court ruled today in favor of Grayscale's petition for review. In setting aside the SEC's order, the court ruled in favor of the American investment giant. This decision could pave the way for approval of the Bitcoin ETF.
The Securities and Exchange Commission (SEC) continues to postpone its decision on Bitcoin ETFs. Despite this dilatory strategy, many observers remain convinced that these crypto index funds will see the light of day in the United States by 2024. Here are some explanations.
In an instant, passions flare, rumors rumble, and the financial world is in turmoil. Bitcoin ETFs, which have recently come under the spotlight, seem to be unleashing all kinds of passions. On the one hand, some are crying wolf, suggesting imminent dangers for investors. On the other, there are those who defend these newcomers as a genuine opportunity. So, between myth and reality, where does the truth lie?
Nasdaq backtracks! Its abandonment of plans for a cryptoasset custody service shakes up the industry. Nasdaq CEO Adena Friedman cites regulatory concerns in this surprise announcement. The decision could impact the future of institutional crypto adoption in the US.
The SEC has been receiving requests for Bitcoin ETFs for ten years without taking any action. Will BlackRock change the game?
The SEC, often known for its outbursts against companies operating in the crypto market, has just made a big decision. The American regulator has just accepted BlackRock's application for a Bitcoin exchange-traded fund (ETF). This decision could mark a new turning point in the institutional adoption of bitcoin (BTC).
Asset manager BlackRock recently filed a Bitcoin ETF application with the SEC. The procedure has had such a positive impact that many analysts see the bitcoin (BTC) market exploding. In the meantime, the procedure initiated by BlackRock seems to have a more important, short-term objective.
Lately, there's been a lot of interest in the Bitcoin ETF. BlackRock's Bitcoin ETF is particularly attracting the interest of crypto investors. According to one Bloomberg analyst, it could even unlock colossal wealth.
Recent news seems favorable for cryptos. Indeed, a former SEC official's opinion that the Bitcoin ETF should be approved is seen as positive for the crypto market. Is the next Bitcoin (BTC) bull-run imminent?
A few weeks ago, asset manager BlackRock filed a Bitcoin ETF application with the SEC. The procedure had far-reaching consequences for the crypto market. Effects that are still being felt today.