As countries like the U.S. edge closer to approving Spot Bitcoin ETFs, the global financial sector anticipates significant shifts in cryptocurrency investment and regulation.
Bitcoin (BTC) $37,759.12 0.07%Ethereum (ETH) $2,043.17 0.43%BNB (BNB) $227.57 0.16%XRP (XRP) $0.604235 0.76%Cardano (ADA) $0.375132 2.44%Solana (SOL) $59.85 0.40%Dogecoin (DOGE) $0.083645 3.45%Polkadot (DOT) $5.44 4.87%Shiba Inu (SHIB) $0.000008 0.16%Dai (DAI) $0.999422 0.21%TRON (TRX) $0.103512 0.00%Polygon (MATIC) $0.762883 0.62%Avalanche (AVAX) $21.16 0.51%Uniswap (UNI) $5.93 2.09%Litecoin (LTC) $69.37 0.57%
Amidst regulatory changes and growing institutional involvement, Bitcoin’s market sees a bullish momentum with record-high holder confidence and optimistic future projections for 2024.
The global financial landscape has been witnessing significant upheavals in recent weeks. The S&P 500, a benchmark for the overall health of the US stock market, has seen a decline of over 10% from its peak on July 31, standing at 4,577 points.
In a move that has sent ripples across the cryptocurrency investment landscape, Digital Currency Group (DCG) has initiated the sale of a substantial number of shares in several of its cryptocurrency funds.
Abuzz with the potential approval of a spot Bitcoin ETF (Exchange-Traded Fund) in the U.S., with Bitcoin prices witnessing significant gains in anticipation.
Recent data and forecasts suggest that Bitcoin is poised for significant growth, with the Fear Of Missing Out (FOMO) sentiment making a strong comeback among investors.
The cryptocurrency world has been abuzz with discussions surrounding the potential approval of Bitcoin Exchange-Traded Funds (ETFs). As hopes rise, so do concerns about the possible repercussions of such a move.
Fresh off a pivotal win in court, Grayscale Investments LLC is gearing up for another challenge: the relentless fee competition in the $7.5 trillion US exchange-traded industry.
The cryptocurrency market appears to be undervaluing the bullish potential of U.S. spot Bitcoin ETFs, according to multiple reports from crypto research firms.
The financial landscape is on the brink of a monumental shift as Bernstein, a leading global asset management firm, releases a comprehensive report outlining the future of cryptocurrency Exchange-Traded Funds (ETFs).
In a startling turn of events, Bitcoin (BTC), the world’s leading cryptocurrency, has slid under the $26,000 mark, erasing all gains made earlier in the week.
Despite Grayscale’s victory, it is unlikely to prevent Bitcoin from ending August with negative monthly returns, analysts said. BTC was above $29,000 earlier this month and is currently hovering above $27,000.
According to Bloomberg Intelligence data, the U.S. Securities and Exchange Commission (SEC) needs to reach a conclusion on the Bitwise Bitcoin ETP trust by September 1, and regulators can refuse, approve or delay.
According to a report by the encryption service provider Matrixport, the US Securities and Exchange Commission (SEC) is likely to approve several Bitcoin spot ETFs in succession, which will trigger the next rise of Bitcoin.
Grayscale Chief Legal Officer Craig Salm issued an open letter saying that the Grayscale legal team submitted a comment letter to GBTC’s pending 19b-4 application and seven other spot Bitcoin ETF filings, including the new-proposed supervision sharing agreement (SSA ), which is to illustrate why the SEC should approve all spot Bitcoin ETF applications.
According to the latest quarterly ETF report released by ARK, GBTC was one of the main contributors to the second-quarter success of its ARK Next Generation Internet exchange-traded fund (ARKW).
Fir Tree Capital Management and crypto asset manager Grayscale Investments have reached an agreement to resolve a lawsuit filed by Fir Tree against Grayscale last year.
According to a June report published by ARK Invest, the supply of Bitcoin that has not been affected for at least a year has reached an all-time high.
In a major development for the cryptocurrency market, BlackRock, the world’s largest asset manager, filed last week for a bitcoin spot exchange-traded fund (ETF).
Prospects for ETH futures ETF approvals look bleak due to the current regulatory environment, including prominent Twitter cryptocurrency KOL AP_Abacus, it has been revealed.
Digital asset manager Grayscale Investments has extended the review period for the distribution of ETHPoW tokens to shareholders for its Grayscale Ethereum Trust (OTCQX:ETHE) and Grayscale Digital Large Cap Fund (OTCQX:GDLC) products.
Gemini co-founder Cameron Winklevoss has published an open letter to Digital Currency Group (DCG) CEO Barry Silbert, calling on him to resolve liquidity issues that have plagued the cryptocurrency exchange.
On December 8, Genesis, a crypto trading and lending agency, issued an email to customers stating that it will take more time to resolve liquidity issues, and that resuming withdrawals may still take weeks rather than days.
The price discount of Grayscale Bitcoin Trust (GBTC), the world’s largest bitcoin fund, to the price of bitcoin hit a record high of nearly 50%.
Standard Chartered’s annual surprise list says cryptocurrency prices could plummet, with bitcoin dropping to $5,000 by 2023.
Tom Lee, director of research at Fundstrat, said in a recent interview that he remains bullish on Bitcoin and sees the asset as an appropriate investment vehicle for some investors.
Bernstein said in a research report that the suspension of withdrawals by Genesis Global Capital does not directly affect the Grayscale Bitcoin Trust (GBTC). Propose compensation.
According to a new poll commissioned by crypto asset manager Grayscale.