On January 10, 2024, the U.S. Securities and Exchange Commission approved ten spot bitcoin ETFs, marking a significant milestone in the history of the country's crypto sector. It took 11 years of back-and-forths with regulators and multiple institutional and financial asset managers to finally leverage Bitcoin's uniqueness as a digital ...
For the third day in a row, spot bitcoin exchange-traded funds (ETFs) in the United States have experienced net outflows. According to data from SoSoValue, more than $58 million was withdrawn from the ETF market during the trading day ending April 16, 2024. Grayscale's Bitcoin Trust ETF ($GBTC) accounted for ...
The United States Securities and Exchange Commission (SEC) has finally approved the multiple spot Bitcoin Exchange-Traded products (ETPs) applications less than 25 hours after the agency had debunked a "fake approval" post on its X account. The US regulator announced this approval of a "number of spot Bitcoin exchange-traded product ...
Bitwise has withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) on August 3, 2023. This development has surprised investors as Bitwise did not provide a specific reason for this decision. Also, the timing of ...
On June 21, 2023, WisdomTree, a New York-based asset management fund, filed another application for approval from the United States Securities and Exchange Commission (SEC) to list its "WisdomTree Bitcoin Trust" on the Cboe BZX Exchange. The company's new application for a spot Bitcoin exchange-traded fund (ETF) is part of ...
