SEC delays decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF
SEC postpones decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024. The ETF plans to invest 80% in Bitcoin and 20% in Carbon Credit Futures-linked financial instruments. Gemini has been named custodian for the ETF. The United States Securities and Exchange Commission (SEC) has announced a delay in its decision […]
Immutable and InQubeta altcoins to watch; Invesco and Galaxy slash fee in Spot Bitcoin ETF race
Following the SEC decision on Bitcoin ETFs and the launch of the market on January 11, the race between asset managers continues to heat up. Invesco, a leading global provider of ETFs, in partnership with Galaxy Asset Management, launched the Invesco Galaxy Bitcoin ETF (BTCO). This move was intended to offer efficient exposure to spot […]
Bitwise and VanEck to donate 10% ETF profits following SEC’s spot Bitcoin ETFs approval
SEC approves spot Bitcoin ETFs: A historic moment for mainstream crypto integration. Bitwise and VanEck donate 10% ETF profits to Bitcoin development: Philanthropy meets finance. Meme Moguls emerges as the world’s first meme-backed stock market, aiming for 100x growth. After the US Securities and Exchanges Commission’s (SEC) spot Bitocin approval, Bitwise, a major asset management […]
Gensler issues warning ahead of SEC’s Spot Bitcoin ETF decision
Spot Bitcoin ETF applicants strategically adjust fees ahead of potential SEC approval. Invesco, Valkyrie, and WisdomTree reduce costs to attract investors. Gensler’s cautionary note; SEC emphasizes risks in cryptocurrency investments, warning of unique challenges. As the crypto community eagerly awaits the SEC’s decision on Spot Bitcoin ETFs, recent developments have intensified the competition among ETF […]
Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark
In the world of cryptocurrency, the winds of change are blowing, and they’re bringing in some exciting developments. The much-anticipated spot Bitcoin ETF is on the horizon, simplifying Bitcoin investments for the everyday investor. Meanwhile, BorroeFinance ($ROE), a rising star in the crypto universe, is edging closer to a monumental $2 million in its presale. […]
Grayscale files to convert its Ethereum Trust into a spot Ethereum ETF
Grayscale is seeking for SEC’s approval to convert its Ethereum Trust to an Ethereum ETF. Grayscale’s Ethereum Trust manages nearly $5 billion in Ethereum assets. Transition to spot ETF offers direct and regulated cryptocurrency exposure. Grayscale Investments, a global leader in digital asset investment, is making headlines again as it seeks approval from the US […]
Asset manager Franklin Templeton applies to launch a spot Bitcoin ETF
Franklin Templeton joins other asset management firms like Grayscale that have applied to offer crypto ETFs. The SEC was mandated by the court to evaluate Grayscale’s application to convert its Bitcoin futures ETF into a spot ETF. Franklin Templeton will collaborate with CF Benchmarks to ensure accurate valuation. Franklin Templeton, a prominent asset management firm […]
United States SEC officially accepts Valkyrie Spot Bitcoin ETF application
The US SEC has been receiving Bitcoin ETF resubmissions after it rejected previous applications for inadequacy. Valkyrie Bitcoin Fund was the last company to submit a Bitcoin ETF application to the SEC. The SEC has accepted several other BTC ETFs after the respective companies amended and resubmitted. The US Securities and Exchange Commission (SEC) has […]
Anthony Pompliano expects SEC to approve a Spot Bitcoin ETF
Pompliano says underlying fundamentals of Bitcoin are strengthening. He expects a Spot Bitcoin ETF to be a meaningful catalyst for BTC. Bitcoin is currently up a whopping 85% versus the start of the year. Anthony Pompliano agrees that Bitcoin could see friction in the near term but remains bullish on the digital asset for the […]