Tag: ETF

The US Securities and Exchange Commission (SEC) issued a notice on Wednesday, March 13, instructing First Trust-SkyBridge to publicly announce its Bitcoin ETF application has been "abandoned". This move follows the SEC's rejection of their initial application in January 2022. Since then, neither party has taken any meaningful steps to ...

Stakeholders in Hong Kong's crypto industry are urging regulators to expedite the launch of crypto spot exchange-traded funds (ETFs), according to a report from local media agency Singtao. While Hong Kong began accepting applications for spot Bitcoin ETFs in December 2023, no progress has been made regarding their launch in ...

The Bitcoin community is buzzing with reactions as the BlackRock spot Bitcoin ETF surpasses the iShares Silver Trust, the largest Silver ETF, in terms of assets under management (AUM), according to a new report.  Miguel Cuneta, a user on X, shared his perspective on this development, suggesting that Bitcoin is ...

The possibility of a BlackRock XRP ETF has been the subject of much speculation; however, Ripple CEO Brad Garlinghouse has expressed optimism about its introduction in the near future. In a recent interview with Bloomberg, Garlinghouse alluded to the recent approval of Bitcoin spot ETFs by the U.S. Securities and ...

Michael Saylor, MicroStrategy CEO, said that the demand for Bitcoin (BTC) investment products is about ten times larger than the supply available in the crypto market.  In an interview with CNBC, Saylor expressed optimism for the crypto market. He believes that the SEC's approval of Bitcoin ETFs spurred a notable ...

Michael Sonnenshein, CEO of Grayscale, has urged regulators in the United States to approve exchange-listed options for spot Bitcoin exchange-traded funds (ETFs).  In a February 5 post on X, Sonnenshein emphasized that options are crucial for investors as they help with "price discovery" and can assist investors in navigating market ...

US-based ETF issuers Invesco and WisdomTree have cut trading fees on their European exchange-traded funds by 60% in a bid to join the spurring war for market share by international ETF providers. Invesco and WisdomTree, currently the 6th and 10th largest spot Bitcoin ETF issuers in the U.S., are the ...

BlackRock's spot Bitcoin exchange-traded fund ($IBIT) recorded its third-largest inflow, at $272 million, on the seventh day of live trading, according to data published by Bloomberg ETF analyst James Seyffart.  The ETF had previously posted its largest inflow so far on day two of live trading at $386 million. Its ...

Wise Origin Bitcoin Trust by Fidelity Investments has become the second after BlackRock's spot Bitcoin ETF to cross the $1 billion mark of Bitcoin assets under management (AUM). This development came less than 24 hours after BlackRock crossed the milestone.  BitMEX's report, published on Friday, January 19, 2024, revealed data ...

Following the recent approval of multiple Exchange Traded Funds (ETFs) focused on Bitcoin by the US Securities Exchange Commission (SEC), speculation has intensified regarding the cryptocurrency's future trajectory. While some analysts anticipate a price dump for the world's largest crypto, Fidelity Investments executive Jurrien Timmer holds a different view. Timmer, ...