Tag: Bitcoin ETF

Invesco, the $1.6 trillion asset manager of the United States, revealed the reasons behind dropping its decision of filing for a Bitcoin futures exchange-traded fund (ETF) in October. The major reason for abandoning the petition, according to Anna Paglia, global head of ETFs and indexed strategies at Invesco, was that the US Securities and Exchange Commission is […]

VanEck recently witnessed its filing for approval with the SEC for a spot BTC ETF getting torn to shreds by the monetary authority. As a result, the firm is now ready with another significant announcement. According to a notice, the firm is ready to launch its first Bitcoin futures ETF next week.  VanEck won SEC’s approval […]

The spot Bitcoin exchange-traded fund (ETF) by the asset manager VanEck has been officially disapproved by the United States Securities and Exchange Commission (SEC). The firm had submitted the application months ago. As per the November 12 filing, the SEC did not approve the proposed change in rules from the Cboe BZX Exchange for listing and […]

The total asset under management AUM of Crypto firm Grayscale has now surpassed that of the world’s most liquid and largest asset gold ETF. Topping $60 billion in AUM, the digital asset manager has now surpassed the AUM of SPDR Gold Shares, arguably the world’s most liquid gold exchange-traded fund (ETF). Grayscale Announces Its Superior […]

There is major speculation in the crypto market about the cryptocurrency exchange giant Coinbase planning to support the Bitcoin ETF on its platform. As per the senior ETF analyst Eric Balchunas’ tweet, Coinbase is ready to release $BITO trading. Many call it a big mistake due to the high trading fees of 1.49% on the […]

The release of several futures-linked Bitcoin exchange-traded funds (ETFs) in the market is attracting tons of U.S. institutional players. The demand for spot BTC ETFs has increased massively in recent days. Michael Saylor, the Bitcoin supporter and MicroStrategy Chief Executive Officer (CEO), while talking at the Bloomberg Financial Innovation Summit on November 4, said that […]

Volt Equity is next on the list for bringing its Bitcoin-linked exchange-traded funds (ETF) on the New York Stock Exchange (NYSE). The company is the latest to debut an ETF product on the exchange. Tad Park, the CEO of the company, informed that it has also decided to debut Crypto Industry Revolution and Tech ETF […]

Reports emanating from the U.S. Securities and Exchange Commission SEC, is that the agency has rejected about two Bitcoin exchange-traded fund ETFs recently applied for, by Valkyrie. This only goes to show that the regulator might not be ready to approve more exotic futures products just yet. Just a day or thereabout, after Valkyrie’s filing […]

Financial leverage Exchange Traded Fund (ETF) provider, Direxion, has filed an application for a special Bitcoin ETF product with the United States Securities and Exchange Commission (SEC) in order to ride on the growing anticipation from investors about similar products. Per the filing, the product is named Direxion Bitcoin Strategy Bear ETF, and it is […]

South Korea’s public pension fund, Korean Teachers’ Credit Union (KTCU), one of the most prominent institutional investors of South Korea, is reportedly seeking to try its hands on Bitcoin (BTC) through a crypto Exchange-traded Fund (ETF).  On Monday, the local financial news agency of the country, The Korea Economic Daily, reported that KTCU is planning […]

VanEck Bitcoin Strategy ETF may be the next Exchange Trade Product to go live in the United States, as the company’s recent filing with the Securities and Exchange Commission (SEC) shows. VanEck said its ETF product will go live “as soon as practicable” after the effective date of the filing which is this Saturday, October […]

Bitcoin Strategy exchange-traded fund (BITO) by ProShares makes a record of the highest ever first day “natural” volume for the ETF. The figure has already crossed $1 billion by the end of the opening day, i.e., October 19. It sits at the second position overall, behind the April 2021- debuted Blackrock US Carbon Transition Readiness […]

After years of effort and waiting, finally, we have the good news. ProShares announced that its Bitcoin Strategy, the first Bitcoin futures Exchange-Traded Fund (ETF) in the United States, will start trading on the NYSE (New York Stock Exchange) from October 19 onwards under the ticker BITO. Michael Sapir, the CEO of the company, believes […]

Grayscale, one of the biggest institutional investment giants, is reportedly found hinting to convert its Bitcoin Trust into Bitcoin Exchange-traded Fund (ETF). Barry Silbert, the Chief Executive Officer (CEO) of Digital Currency Group, the Grayscale’s parent company, on October 17, hinted that Grayscale is planning to convert its BTC Trust into a physically-settled Bitcoin ETF. […]

For the first time since April, Bitcoin price has regained $62,000, bringing it closer to it’s all-time high. The price surge stems from news on Friday that the US Securities and Exchange Commission (SEC) will approve the first bitcoin futures exchange-traded fund. Additionally, Twitter and Square’s Jack Dorsey announced on Friday that he will develop […]

Dan Morehead CEO of Pantera Capital argues that even though the crypto market has entered a new bull cycle, the expected launch of a Bitcoin ETF will damp down the run-up. After a period of temporary instability and fears like the banning of Bitcoin mining in China and debates about the environmental result of Proof-of-Work […]

The price of Bitcoin (BTC), the digital currency industry’s flagship asset has soared past the $60,000 resistance point for the first time since April 2021. The uptrend is undoubtedly the result of a resilient market, as maintained by a hoard of retail traders, with heavy institutional money also helping to suture the crack in the […]

Bitcoin price surged late Thursday after the Bloomberg report about BTC Futures exchange-traded fund (ETF). The report said that the U.S. Securities and Exchange Commission (SEC) would surely approve BTC ETFs.  As per the chart by TradingView, the king coin surged by 3.5% within an hour after the reports came out, rising from $57,300 to […]