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Search Results for: etfs

Satoshi Nakamoto’s Wallet Receives 27 Bitcoins Worth Over $1M

Only days after the cryptocurrency world commemorated the 15th anniversary of Satoshi Nakamoto mining the Bitcoin genesis block, the anonymous creator of the cryptocurrency, who goes by the nickname “Satoshi,” seems to be back. The wallet address which belongs to Satoshi Nakamoto, has recently received a 27 Bitcoin transfer. On

January 6, 2024 1 min read

Bitcoin Holds Steady Amidst Anticipation of Spot Bitcoin ETF Approval

The asset manager VanEck plans to compensate the Bitcoin core developers once its spot Bitcoin exchange-traded fund application is approved by the U.S. SEC. Ahead of any potential approval of their spot Bitcoin ETF application, VanEck announced on January 5th via Twitter that it would be contributing 5% of its

January 6, 2024 2 mins read

VanEck Commits 5% Spot Bitcoin ETF Profits to Bitcoin Core Devs

According to asset manager VanEck, which is now in the process of applying for a spot Bitcoin exchange-traded fund with the U.S SEC, they want to give back to the Bitcoin core developers when the fund is approved. In anticipation of the possible acceptance of its spot Bitcoin ETF application,

January 6, 2024 1 min read

Bitwise/VettaFi Advisor Survey Reveals Wide Gap in Expectations on Spot Bitcoin ETF Approval; Suggests Event Could Be Bigger-Than-Expected Catalyst

Less than half of advisors expect a spot bitcoin ETF to be approved in the U.S. this year, although 88% suggest an approval would drive new demand. SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the largest crypto index fund manager in America, and VettaFi, a leading data-driven ETF platform, today released the

January 4, 2024 6 mins read

Grayscale Considers JPMorgan and Goldman Sachs for Bitcoin ETF Role

In regards to a possible involvement in its planned spot Bitcoin ETF, crypto asset manager Grayscale Investments is allegedly in discussions with companies like JPMorgan and Goldman Sachs. Sources close to the situation told Bloomberg on January 4 that Grayscale had discussions with both investment banks about the role. It

January 4, 2024 2 mins read

Peter Schiff Cautions on Potential Risks of Spot Bitcoin ETF Approval

Popular Bitcoin critic and gold advocate Peter Schiff has cautioned BTC supporters to be wary of getting their hopes up in the face of mixed reactions to the prospect of the first spot Bitcoin ETF in the U.S. The potential disastrous effect of spot Bitcoin ETFs on the price of

January 4, 2024 2 mins read

Shiba Inu (SHIB) Faces Turbulence as Market Bloodbath Unfolds

The Shiba Inu token (SHIB) has experienced a significant setback, plunging to a new monthly low and shedding 10% in the past two hours. The SHIB price now stands at $0.00000963 per token, failing to gain any traction amidst a broader crypto market bloodbath that has seen losses totaling $500

January 3, 2024 2 mins read

Matrixport’s Prediction on Spot Bitcoin ETF Approval Causes Havoc

Matrixport, a platform that specializes in financial services for the cryptocurrency industry, recently shocked the community with a wild prediction about the price of Bitcoin and the SEC’s position on the highly anticipated Bitcoin Spot ETF ruling. Moreover, their most recent report indicates that all Bitcoin spot ETFs are expected

January 3, 2024 2 mins read