Hashdex’s rivals, such as Ark Invest and 21Shares, have also approached the SEC with their separate applications for spot Ether ETFs. Popular US-based stock exchange Nasdaq has formally filed an application with the Securities and Exchange Commission (SEC) seeking approval to list an Ethereum (Ether) Exchange-Traded Fund (ETF). This innovative investment vehicle is crafted to combine spot ether holdings and futures contracts within its portfolio, paving the way for a novel approach to...
Read More »Franklin Templeton Aims High with Spot Bitcoin ETF Application
Financial giant Franklin Templeton has applied to the SEC for approval to launch a Bitcoin exchange-traded fund (ETF) named the Franklin Bitcoin ETF, with Coinbase as the custodian and trading on the Cboe BZX Exchange. Asset manager Franklin Templeton, a financial giant managing over $1.4 trillion on behalf of its clients, has submitted an application to the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF). According to the filed application, the...
Read More »Bernstein Says Crypto ETFs Could Extend beyond Bitcoin and Ethereum
Bernstein analysts believe that diversification presents a significant commercial opportunity for asset managers. It allows them to enter the rapidly growing digital asset market and benefit from increased demand and market growth. In the world of finance, few innovations have garnered as much attention and excitement as the potential launch of crypto exchange-traded funds (ETFs). Bitcoin (BTC) has been the center of attention in finance for years, but the advent of crypto ETFs is poised...
Read More »JPMorgan: SEC Likely to Approve Bitcoin ETFs after Grayscale’s Win
The analysts noted that the SEC may have to approve Grayscale’s ETF proposal and potentially other spot-based Bitcoin ETFs in order to maintain regulatory consistency. JPMorgan Chase & Co (NYSE: JPM) has predicted that the United States Securities and Exchange Commission (SEC) will be compelled to approve spot Bitcoin (BTC) Exchange-Traded-fund (ETF) applications from various asset managers following Grayscale’s favorable court ruling. Grayscale Investments, a prominent player in the...
Read More »BTC Price Crashes Under $26,000 with SEC Delaying Decisions on Spot Bitcoin ETF
Bitcoin continues to show weakness as the BTC price can move towards $24,000-25,000 as it goes to test the 200-week EMA once again. On Thursday, August 31, the world’s largest cryptocurrency Bitcoin plummeted by more than 4.5% with its price slipping under $26,000, losing all the early week gains after the Grayscale court ruling. The selling pressure on BTC and its price comes as the US Securities and Exchange Commission (SEC) announced its decision to delay the approval of seven spot...
Read More »Bitwise Pulls Plug on Bitcoin and Ethereum Market Cap ETF Application
With the Bitwise ETF application gone, the crypto community is now awaiting the SEC’s decision on the remaining applications by WisdomTree, Invesco Galaxy, Valkyrie, VanEck, and Fidelity. In a surprising move, Bitwise, an asset management company based in San Francisco, has decided to withdraw its application for the Bitcoin (BTC) and Ethereum (ETH) Market Cap Weight Strategy Exchange-traded fund (ETF) filed with the United States Securities and Exchange Commission (SEC) last month. The...
Read More »ARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF
CoinspeakerARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF Both companies are also planning to launch three types of Bitcoin Futures ETFs. ARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF
Read More »Unknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months
CoinspeakerUnknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months Although unknown, many believe the Bitcoin wallet may belong to a major crypto exchange moving money around, or asset manager Blackrock Inc. Unknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months
Read More »Jacobi Asset Management Makes History with Europe’s First Bitcoin ETF Listing
CoinspeakerJacobi Asset Management Makes History with Europe’s First Bitcoin ETF Listing The Jacobi FT Wilshere Bitcoin ETF listing marks a significant achievement for the firm and the broader European crypto investment landscape. Jacobi Asset Management Makes History with Europe’s First Bitcoin ETF Listing
Read More »Court Verdict on Grayscale Bitcoin Spot ETF Expected by End of This Week
CoinspeakerCourt Verdict on Grayscale Bitcoin Spot ETF Expected by End of This Week Aside from the Grayscale Bitcoin Spot ETF, the SEC is also reviewing other Bitcoin ETF proposals. Court Verdict on Grayscale Bitcoin Spot ETF Expected by End of This Week
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