As Bitcoin ETFs made a historic entry into the market last week, excitement turned into uncertainty as the leading cryptocurrency faced a bearish trend, currently trading at $42,789 with a slight 0.10% dip in the past 24 hours and a 6.56% decrease over the past week. Meanwhile, in the first
The famous investor Kevin O’Leary from the popular TV show “Shark Tank” has lately voiced his doubts on the merit of Bitcoin ETFs. The present craze around Bitcoin ETFs doesn’t appeal to O’Leary much, despite the fact that he is known as a long-term Bitcoin investor. Fees levied by ETF
The first deadline for the Securities and Exchange Commission to approve spot Ethereum exchange-traded funds is in May, but JPMorgan isn’t placing major bets on it. According to JPMorgan’s Nikolaos Panigirtzoglou, if the SEC wants to approve spot Ethereum ETFs in May, it should consider Ethereum a commodity, like bitcoin,
South Korean securities companies may have violated regulations by brokering Spot Bitcoin ETFs registered abroad, according to a press statement by the Financial Services Commission (FSC) on January 12. The advice is issued at a time when the FSC is attempting to address the regulatory frameworks and issues presented by
A member of the Senate Banking Committee and a Democrat from Massachusetts, Elizabeth Warren has publicly blasted the SEC for its recent approval of eleven spot bitcoin ETFs. It is critical that the cryptocurrency industry immediately adopt anti-money laundering legislation; Warren, who is well-known for her cautious attitude toward cryptocurrencies,
WisdomTree unlocks Bitcoin exposure within the ETF wrapper in the U.S., in line with the firm’s leadership in “Responsible DeFi” NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced the launch of the WisdomTree Bitcoin Fund (BTCW). The historic leading wave of spot Bitcoin ETFs marks the
Following the SEC’s historic approval of 11 Spot Bitcoin ETFs on January 10, investors took notice of the Robinhood platform and CEO Vladimir Tenev the following day. Meanwhile, in light of the SEC’s recent landmark ruling, Robinhood’s co-founder and CEO Vladimir Tenev revealed the platform’s prospective intentions in a recent
A historic decision has been made by the United States SEC, which has approved the first spot Bitcoin exchange-traded funds (ETFs) in the nation. The decision is the culmination of months of waiting and a contentious legal struggle. This roundups an eventful 24 hours in which hackers momentarily took over
Today, the global cryptocurrency market displayed green candles as the U.S. Securities and Exchange Commission (SEC) finally granted approval for spot Bitcoin exchange-traded funds (ETFs). This long-awaited decision propelled Bitcoin (BTC) to reach a peak of $47,647 earlier in the morning. Interestingly, Bitcoin had initially spiked to $47,893 on Tuesday
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has given the green light to the country’s first regulated spot Bitcoin exchange-traded funds (ETFs). The approval, granted just a day after a false announcement briefly sent markets into disarray, marks the end of a challenging decade-long journey for
