Franklin Templeton, one of the issuers of the Spot Bitcoin ETF, made a bold move by cutting its sponsor fee, making it the lowest among its rivals. In its January 12 filing, the company reportedly opted to cut the yearly fee for its Bitcoin ETF from 0.29% to 0.19%. Along
Commenting on the reasons for the SEC’s approval of a number of spot bitcoin ETFs for listing and trading, SEC Chair Gary Gensler made it clear that he remains opposed to cryptocurrencies in general. Explaining the SEC’s stance change on bitcoin ETFs was a tough assignment for Gensler. Things “have
In a surprising turn of events, Vanguard, the $7.7 trillion asset management giant, has announced that it will not be participating in the newly approved Spot Bitcoin ETFs, diverging from the trend set by other major firms. The decision comes on the heels of the US Securities and Exchange Commission’s
In a compelling showcase of strength, Ethereum (ETH) continues to outshine its counterparts in the cryptocurrency market, boosted by recent price movements and the approval of the Bitcoin ETF. The digital asset maintained a positive trajectory, surging above the crucial $2,500 resistance and eclipsing Bitcoin by breaching the $2,680 barrier.
An IPO in the United States has been formally filed by Circle Internet Financial, the business that created the well-known stablecoin USDC, according to reports. The announcement, which was made recently, is a major step forward for the Boston-based company’s plans to go public and become more widely accepted. Circle
Bitcoin’s remarkable surge over the past year, despite facing negative headlines, legal challenges, and regulatory scrutiny, has been further fueled by a significant development in the market. Additionally, the Securities and Exchange Commission’s (SEC) approval for 11 Bitcoin Exchange-Traded Funds (ETFs), marks a major milestone for the cryptocurrency market. These
EZBC is one of the industry’s first spot bitcoin ETFs and the latest addition to Franklin Templeton’s growing digital assets and ETF platforms SAN MATEO, Calif.–(BUSINESS WIRE)–Franklin Templeton today launched its first digital assets-backed exchange-traded fund (ETF), the Franklin Bitcoin ETF, under the ticker EZBC. The fund is a spot
“The biggest difference between bitcoin ETF offerings isn’t just the product features,” says Bitwise CEO. “It’s the expertise of the asset manager and how they support investors’ success.” SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the largest crypto index fund manager in America, announced today the landmark launch of the Bitwise Bitcoin
Valkyrie combines its expertise in investment management, successful crypto track record to launch one of the first spot bitcoin ETFs in the U.S. NASHVILLE, Tenn.–(BUSINESS WIRE)–$BRRR #bitcoin—Valkyrie Investments Inc. (“Valkyrie”), a specialized digital asset investment management company, is proud to announce the launch of the Valkyrie Bitcoin Fund (NASDAQ: BRRR)
NEW YORK–(BUSINESS WIRE)–BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), begins trading today on Nasdaq. IBIT seeks to track the performance of the price of bitcoin and carries a 0.25% sponsor fee with a one-year waiver reducing the fee to 0.12% on the first $5B assets under management (AUM)1.
