Tag Archives: bitcoin etf

With a swath of Bitcoin spot ETF applications knocking at the regulators’ doorsteps, it’s only a matter of time before the U.S. Securities and Exchange Commission (SEC) is forced to issue a decision on whether or not to approve them. Estimates show that the agency may approve the first application as early as August. First Deadline Incoming According to Bloomberg ETF analyst James Seyffart, the ARK 21shares Bitcoin ETF – which has been denied alongside other spot ETFs in past...

The latest influx of Bitcoin (BTC) spot ETF applications in the United States is certainly generating hype, but some analysts are split on whether that excitement is warranted. While many claim approval will invite a new wave of investor capital into the asset, others think it may only amount to a sell-the-news event. The Bearish Case for a Bitcoin Spot ETF In an interview with Bloomberg, FLX Networks Managing Director Jillian DelSignore questioned whether a Bitcoin spot ETF...

CoinspeakerValkyrie’s Spot Bitcoin ETF: SEC Accepts Proposal for Review With the application on the SEC docket, members of the public will have 21 days to comment on Valkyrie's proposal. Valkyrie’s Spot Bitcoin ETF: SEC Accepts Proposal for Review

CoinspeakerUS SEC Reviewing All Recent Spot Bitcoin ETF Applications The US SEC has started reviewing all the spot Bitcoin ETF filings re-submitted by all applicants along with a "surveillance sharing" clause. US SEC Reviewing All Recent Spot Bitcoin ETF Applications

The crypto market has recovered a lot of the losses sustained in 2022, with BTC rising by over 80% YTD and many altcoins performing even better. This led to questions and analysis within the community about whether the bear market is over and the industry is preparing for yet another bull cycle. Moreover, the BTC halving is scheduled to take place in less than a year, which is typically regarded as a catalyst for upcoming price increases. However, the recent developments from...

Recent comments regarding Bitcoin exchanges from Gary Gensler – Chairman of the U.S. Securities and Exchange Commission (SEC) – suggest that his agency may not be so eager to approve the recent wave of Bitcoin spot ETF applications in its mailbox. The chairman claimed that crypto trading platforms like Coinbase are structured in such a way that makes them open to wash trading and market manipulation. Problems With Coinbase, According to the SEC Gensler commented on the...

CoinspeakerBlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital Over the past decade, the SEC has rejected as many as 30 spot Bitcoin ETF applications from firms such as Gemini, Fidelity, and WisdomTree.     BlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital

Coinbase’s shares spiked to almost $90 following the news that exchange operator Cboe Global Markets filed amended applications of three spot BTC exchange-traded funds, adding surveillance-sharing agreements with Coinbase. The US Securities and Exchange Commission has yet to decide on the launch of such a product. It remains unknown whether the lawsuit filed against Coinbase by the watchdog will affect its final ruling. Rising to Almost One-Year High Cboe Global Markets – an...

Grayscale, the owner of the world’s largest Bitcoin fund, has grown even more frustrated with the U.S. Securities and Exchange Commission (SEC) after the regulator approved a leveraged Bitcoin futures ETF last month. The firm has taken its complaint to the court, arguing that the approval strengthens its case that the SEC’s denial of its Bitcoin spot ETF application is “discriminatory.” 2X Futures VS Spot: What’s Riskier? In a letter to the Court of Appeals for the DC Circuit...

Jay Clayton – former Chairman of the US Securities and Exchange Commission (SEC) – believes the agency should approve a spot Bitcoin ETF in America if the interested companies prove the safety of the product. However, he could not predict when such a green light would come. Multiple behemoths, including BlackRock, Invesco, and Fidelity Digital Assets, have recently filed to launch such a fund. The SEC has previously given its nod to a futures BTC ETF but has been reluctant to...