The SEC's approval of spot Bitcoin ETFs has sent shockwaves through the cryptocurrency market. Find out how this decision will impact investors!
With the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the SEC, the landscape of cryptocurrency investments is about to undergo a significant transformation. U.S. asset managers are eagerly anticipating the trading of spot Bitcoin ETFs, with major firms like BlackRock and Fidelity poised to offer these investment options for the first time. This approval is a major step towards legitimizing Bitcoin investments and could pave the way for more institutional involvement in the crypto space.
The reduction in proposed fees by applicants seeking to launch Bitcoin ETFs indicates a growing competition in the market as companies vie for control of this highly-anticipated financial product. Despite a false start and concerns over hacking incidents, the SEC's decision to greenlight spot Bitcoin ETFs is seen as a monumental milestone by many, opening doors for retail investors to access Bitcoin more easily.
Furthermore, the approval of 11 spot Bitcoin ETFs by the SEC marks a significant moment in the crypto world, with these funds set to start trading soon. This development is expected to not only boost the popularity of Bitcoin among investors but also potentially impact the prices and volatility of the cryptocurrency.
In conclusion, the long-awaited approval of Bitcoin ETFs in the U.S. represents a turning point in the history of cryptocurrency investments. With increased accessibility and regulatory support, the door is now wide open for a new wave of investors to dip their toes into the world of Bitcoin. This move by the SEC has the potential to reshape the crypto industry and attract more traditional financial players into the digital asset market.
U.S. asset managers remain hopeful the securities regulator will permit the trading of spot bitcoin exchange-traded funds (ETFs), even after a fake post on ...
Several applicants seeking to launch bitcoin exchange-traded funds cut their proposed fees on the ETFs, as the battle for control of the much-anticipated ...
Major financial firms such as BlackRock and Fidelity are lining up to offer spot bitcoin ETFs for the first time. Here's what investors should know.
SEC Chair Gary Gensler has long been a critic of the crypto industry. ... After a false start on Tuesday, the Securities and Exchange Commission on Wednesday ...
Spot-bitcoin ETF refers to a financial vehicle approved by the US markets regulator, SEC, to invest directly in bitcoins rather than via derivatives.
A post from the U.S. Securities and Exchange Commission's X account falsely claimed a bitcoin exchange-traded fund had been approved.
WASHINGTON—The hack of the Securities and Exchange Commission's X account this week likely complicates an expected vote Wednesday on whether to greenlight ...
The trading firm has reduced its crypto business after its disastrous involvement with the failed crypto firm Terraform Labs.
The U.S. Securities and Exchange Commission (SEC) on Wednesday approved exchange-traded funds (ETFs) that track the price of bitcoin in a game-changer for ...
The U.S. Securities and Exchange Commission has approved 11 spot bitcoin exchange-traded funds, which are set to begin trading on Thursday.
Now that the U.S. Securities and Exchange Commission approved the first crypto exchange-traded funds to hold digital assets, the actual buying may be the ...
It allows investors to gain exposure to the price of Bitcoin without the complications and risks of owning Bitcoin directly. Read more at straitstimes.com.
The U.S. Securities and Exchange Commission (SEC) on Wednesday approved the first U.S. exchange-traded fund (ETF) that tracks the price of bitcoin, ...
Crypto investors are waiting for the Securities and Exchange Commission to approve a raft of spot bitcoin applications, likely Wednesday.
After so many years of waiting, the U.S. Securities and Exchange Commission's (SEC) approval of the first Bitcoin-based Exchange-Traded Fund (ETF) is ...
Regulators in the United States have approved the launch of spot bitcoin exchange-traded funds, allowing retail investors to more easily access the ...
The U.S. Securities and Exchange Commission (SEC) on Wednesday approved the first U.S. exchange-traded fund (ETF) that tracks the price of bitcoin, ...
The SEC has given the green light to 11 exchange traded funds for bitcoin, opening the door to cryptocurrencies for many new investors.
The first-ever spot Bitcoin ETFs have been approved. Here's what experts say that could mean for crypto markets and other investments.
Bitcoin ETFs will allow the investors to gain exposure in the digital asset class without getting into the complications and risks of directly purchasing ...
Bitcoin wavered on Wednesday, trimming earlier losses after the SEC gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S..
ETFs offer better investor protection, increased liquidity and lower tracking error than close-ended funds and trusts, the report said.
A spot bitcoin ETF refers to an investment vehicle which can invest directly in bitcoin rather than in its futures contracts. This would enable investors to ...
Shares of Coinbase and Robinhood popped Thursday as traders bet the approval of bitcoin exchange-traded funds in the U.S. would give the companies a boost.
The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin.
And custody revenue is unlikely to be material for the crypto exchange. Coinbase is tied to most spot Bitcoin exchange-traded fund applications, and its stock ...
Bitcoin ETFs? Meh. Market watchers are not all convinced that the hype around spot Bitcoin exchange-traded funds in the US will make much difference in ...
The Securities and Exchange Commission approved the first-ever spot bitcoin ETFs on Wednesday, paving the way for them to begin trade.
Bitcoin has delivered an annualized return of 149 percent over a 13 year and been the easiest investment for the average American to access and invest in.
Now, the public can trade in the ETFs that track Bitcoin prices as easily as they buy stocks and mutual funds. The SEC approval comes more than a decade after ...
Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency ...
SEVERAL exchange-traded funds (ETFs) tied to the spot price of Bitcoin began trading in the US on Thursday (Jan 11) in a landmark moment for the ...
The Bitwise Bitcoin ETF (BITB) has the lowest expense ratio of all the new bitcoin funds, at 0.20%. Several other funds are close behind, including the ...
After so many years of waiting, the U.S. Securities and Exchange Commission's (SEC) approval of the first Bitcoin-based Exchange-Traded Fund (ETF) is ...
For a cohort of heavyweight US fund houses, the long wait is over. The Securities and Exchange Commission has approved ETFs that offer retail investors ...
THE first US exchange-traded funds (ETFs) that directly hold Bitcoin got off to a strong start, with billions of US dollars changing hands in a historical ...
What kind of tax bite can investor in the new bitcoin ETFs expect? It all depends on several factors.
The U.S. Securities and Exchange Commission has approved the first U.S. spot bitcoin exchange-traded funds. Here's what to know before buying these assets.
Bitcoin spot Exchange Traded Funds begin trading today on three exchanges. Here is what you need to know about the new listings.
The race is on to gather assets via traditional financial firms into Satoshi's brainchild, bitcoin. After a day of trading GBTC, Fidelity and Blackrock see ...
Following the landmark SEC approval of almost a dozen US spot Bitcoin ETFs, attention now shifts to how much investors will trade them.
On Thursday, 10 spot bitcoin ETFs started trading with SEC approval, from sponsors ranging from established players such as Fidelity and BlackRock to more ...