Tag: Bitcoin ETF

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 […]

Bitwise, the famous asset manager, has re-filed for the Bitcoin Exchange Traded Fund (ETF) product with NYSE Arca. It is considered a significant move following the previous application rejection. Matt Hougan, Chief Investment Officer (CEO) of the company, said that it has an active BTC futures ETF application. The company believes that a real BTC […]

ARK Investment Management, one of the biggest investment management firms led by Cathie Wood, has shaken hands with 21Shares, an exclusive Exchange-Traded Products or ETPs provider. The two firms have filed for an application with the United States U.S Securities and Exchange Commission or SEC.  The application is regarding the approval for a Bitcoin Futures […]

With $225 million invested via stock traded bitcoin products, BTC institutional interest has reached a five-month high. This is the eighth consecutive week of positive inflows, with $638 million having been invested during that period, according to CoinShares’ most recent study. BTC institutional interest on the rise ETC Group, the organization behind BTCE, received the […]

Tad Park, the founder and Chief Executive Officer (CEO) of Vault Equity, believes that United States regulators are delaying the approval of pure Bitcoin-related Exchange Traded Fund (ETF) for a reason. On Tuesday, during an interview, the CEO said he supports the United States Securities Exchange Commission (SEC) on their willingness to approve BTC ETF.  […]

Todd Rosenbluth, the senior ETF and mutual fund researcher at research firm CFRA says that the wait for Bitcoin futures ETF (Exchange-Traded Funds) could be longer for crypto investors. On October 12, during CNBC’s event “ETF Edge,” he said that the Bitcoin futures ETF would most likely be the first ETF to gain approval. However, […]

One of the biggest asset management giants, Invesco, has shaken hands with Galaxy Digital Holdings Ltd. Under the course of their partnerships, the two firms will launch two exchange-traded funds, popularly known as ETFs.  According to the latest report, there will be two exchange-traded funds to be traded on the Cboe Global Markets: The Invesco […]

Eric Balchunas, the senior ETF analyst in Bloomberg, said in the comments of a Twitter post that there is a 75% possibility that the United States Bitcoin futures Exchange-Traded Fund (ETF) will get approved this month, in some form or the other. The analyst said this weekend that the BTC ETFs were “likely on schedule” […]

The bitcoin (BTC) ball is decidedly in the regulators’ court in the United States, where the Securities and Exchange Commission (SEC) is now “on the clock” – with the crypto world eagerly awaiting its response for Key Bitcoin ETF Decision. Many believe that approval of a bitcoin exchange-traded fund (ETF) in the United States would […]