Bitcoin, the powerhouse of the cryptocurrency world, boasts a staggering market capitalization nearing $1 trillion, and spot Bitcoin ETFs could take it even higher. As a decentralized digital currency, Bitcoin operates autonomously, free from the clutches of central authorities. However, for investors looking to ride the Bitcoin wave without the hassle of direct ownership, the […]
BlackRock, the world’s largest asset manager, has seen its iShares Bitcoin ETF (IBIT) amass a staggering $1 billion in assets under management (AUM) within just four days of hitting the market, as reported by Reuters. The iShares Bitcoin ETF was quick to capitalize on the U.S. Securities and Exchange Commission’s (SEC) recent approval of nearly […]
Bitcoin (BTC) is envisioned to reach the $1 million mark in the upcoming days or week, according to Samson. The current focus is intensely on the Bitcoin (BTC) price, triggered by the approval and introduction of a spot Exchange Traded Fund (ETF) that tracks the cryptocurrency. Predictions for Bitcoin (BTC) PriceAnticipating a boost for digital […]
The U.S. market welcomed the commencement of trading for the first-ever Bitcoin exchange-traded funds (ETFs) on Thursday. This marks a pivotal moment for the cryptocurrency sector, which has been striving for regulatory approval for such financial products for more than a decade. Investors can now tap into the digital asset without the need to directly […]
As the week nears its end, 11 applicants for spot Bitcoin ETFs have submitted 19b-4 amendment forms. The U.S. SEC faces a looming deadline to approve or deny in just a few days. The U.S. Securities and Exchange Commission has initiated the acceptance of exchange filings, indicating a positive signal for the approval of a […]
INTRODUCTION The cryptocurrency market cap doubled in 2023, signalling the end of its “winter” and a significant transition. While positive, it’s premature to label it a victory over sceptics. Despite hurdles, the past year’s developments defy expectations, affirming crypto’s permanence. Now, the challenge is to capitalize on the moment and innovate further. Theme 1: Bitcoin […]
Valkyrie Investments has recently amended its filing for a spot Bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), signaling a growing trend in the cryptocurrency industry. The Valkyrie Bitcoin Fund is designed to offer investors an exciting opportunity to invest in common shares backed by Bitcoin, with the ticker symbol “BRRR” […]
Breaking new ground in the world of cryptocurrency investment, London-based asset manager Jacobi has successfully unveiled Europe’s very first spot Bitcoin exchange-traded fund (ETF). This remarkable achievement not only underscores the dynamism of the digital asset market but also showcases Jacobi’s strategic prowess and commitment to innovation. BREAKING: 🇪🇺 Europe launches first spot #Bitcoin ETF. […]
This is the company’s second Bitcoin Exchange-Traded Fund (ETF) application, with the first one being rejected two years ago. However, WisdomTree’s global chief investment officer, Jeremy Schwartz, believes that this time could be different. Schwartz points to the firm’s successful product launches in Europe, where regulators have been more accommodating and have gained confidence in […]
