CoinspeakerGrayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows Grayscale's Sonnenshein justified high fees due to GBTC's liquidity and track record. He explained that other ETFs may offer lower fees because they lack a proven track record, and issuers are enticing investors with fee incentives. Grayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows
Read More »7RCC’s Spot Bitcoin and Carbon Credit Futures ETF Moves Closer to Reality with NYSE Filing
Asset management company 7RCC Global is gearing up for the launch of its environmentally conscious spot Bitcoin ETF in the United States amidst fierce competition for investment products that facilitate access to БТЦ’с price movements. Despite not being included in the initial wave of launches, the entities backing the proposal are proceeding with their plans. 7RCC Pushes Forward with Spot Bitcoin ETF Plans The New York Stock Exchange submitted a 19b-4 form on March 12th for...
Read More »Coinbase Claps Back at Senators Urging Halt on Crypto ETF Approvals
Paul Grewal, the Chief Legal Officer at Coinbase, has come forward to criticize a letter written by two U.S. senators urging the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds and refrain from approving any further cryptocurrency ETF applications. In a March 15 X thread, he challenges the assertions of senators Jack Reed and Laphonza Butler and defends the necessity of expanding the ETF market to include assets beyond...
Read More »JPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype
CoinspeakerJPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype Experts believe that with the potential of spot Bitcoin ETFs, this market cap difference might be bridged in the coming decade. JPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype
Read More »US Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns
CoinspeakerUS Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns Senators urged the commission to reassess the approval of additional cryptocurrency ETFs, citing potential risks for retail investors. US Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns
Read More »Chainalysis: Crypto Market Sees $37.6B Rebound Last Year after $127B Losses in 2022
CoinspeakerChainalysis: Crypto Market Sees $37.6B Rebound Last Year after $127B Losses in 2022 While the 2023 recovery brought some optimism for cryptocurrencies, they still face significant challenges. Chainalysis: Crypto Market Sees $37.6B Rebound Last Year after $127B Losses in 2022
Read More »BlackRock’s IBIT Beats Grayscale’s GBTC in This Important Metric Amid BTC ETF Excitement
Just one day after the spot Bitcoin ETFs achieved a notable milestone with a net inflow of $1.05 billion, BlackRock’s IBIT saw inflows exceeding the total outflows of Grayscale’s GBTC for the first time. According to data compiled by SoSo Value, as of March 13th, IBIT’s cumulative inflow amounted to $12.03 billion, whereas GBTC’s cumulative outflows stood at $11.4 billion. BlackRock’s IBIT Inflows Trump GBTC Outflows BlackRock’s spot Bitcoin ETF – iShares Bitcoin Trust (IBIT)...
Read More »Bitcoin’s Bullish Trajectory: Samson Mow’s Bold $1 Million Prediction
CoinspeakerBitcoin’s Bullish Trajectory: Samson Mow’s Bold $1 Million Prediction Mow's optimistic view of Bitcoin's future is based on several factors that are synchronizing with the cryptocurrency industry. Bitcoin’s Bullish Trajectory: Samson Mow’s Bold $1 Million Prediction
Read More »Here’s What Financial Advisors Think of The Bitcoin ETFs, According to Bitwise
Bitwise CIO Matt Hougan is spreading the word about his company’s Bitcoin spot ETF to potential investors, and has discovered how the digital currency is being perceived by finance pros. “I am no longer surprised at the size of the inflows into the Bitcoin ETFs,” Hougan wrote to X on Wednesday, noting high demand among professional investors. “The demand is widespread and strong, and will persist for a while.” What Financial Advisors Think Of Bitcoin Since launching on...
Read More »BlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins
CoinspeakerBlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins As the second largest Bitcoin ETF, BlackRock’s IBIT closes the gap on Grayscale’s GBTC. BlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins
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