ETF

The SEC extended the review period for the proposed rule change for options trading on spot Bitcoin ETF, pushing the decision deadline to May 29. Options trading provides investors with opportunities for speculation and hedging strategies. If approved, this move would mark a significant step in integrating digital assets into traditional financial markets. Once again, the U.S. Securities and Exchange Commission has delayed its decision to offer options trading for the spot Bitcoin exchange-traded funds (ETFs) on the New York…

As Bitcoin (BTC) continues to attract substantial investments through ETF channels, it’s becoming increasingly evident that the bull market still has room to run. That said, investors are eyeing Initial Coin Offerings (ICOs) as a means to capitalize on the next crypto wave. Blackrock Bitcoin ETF BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT), recently added five major authorized participants (APs), including Wall Street giants like Goldman Sachs, Citadel Securities, and Citigroup. These new additions join existing participants Jane Street Capital,…

The United States Securities and Exchange Commission has delayed its decision to allow the New York Stock Exchange to offer options for trading on spot Bitcoin ETFs.  The next deadline for the SEC to approve, deny, or delay the proposed rule change on the New York Stock Exchange is on the 29th of May.  SEC Delays Decision  The Securities and Exchange Commission’s delay could significantly impact options trading on the Bitwise Bitcoin ETF (BITB), the Grayscale Bitcoin Trust (GBTC), and…

Bitcoin ETF volume has skyrocketed. Experts believe Bitcoin (BTC) can reach a price of $98,190 by the end of 2024. Rebel Satoshi’s $RECQ has gained momentum with an 85% price leap in its presale. Analysts believe $RECQ is one of the altcoins to watch for its 237% growth projections. Bitcoin ETF volume has witnessed a remarkable rise over the past month, pushing Bitcoin (BTC) into the spotlight once again. On the other hand, market momentum has shifted to the presale…

Spot Bitcoin exchange-traded funds (ETFs) have pushed BTC to record highs this year. The inflows via these investment vehicles have been strong. And this trend is likely to continue with the upcoming Bitcoin halving event on April 19th nearing. Investor Interest in Bitcoin ETF Remains Robust According to Santiment’s latest analysis, the volume of spot Bitcoin ETFs has remained strong, showing no signs of slowing down even four weeks after reaching its all-time high. Interestingly, trader activity continues to surpass…

Cardano saw a big jump in investor interest, with $1.1 million flowing into its investment products last week, marking a turnaround from previous outflows. Despite March’s dip, Cardano has attracted around $6 million since the start of the year, showing a positive trend for the cryptocurrency. In recent weeks, Cardano (ADA) has garnered significant attention from investors, experiencing a surge in inflows totaling $1.1 million. This sudden influx marks a notable reversal from the $3.7 million outflows recorded just a…

Ripple XRP’s potential rise hinges on the possibility of an XRP ETF, with Uphold bank executive Martin Hiesboeck expressing optimism about its development. Legal battles with the SEC over XRP’s classification as a security pose a significant hurdle for its ETF aspirations, but Ripple CEO Brad Garlinghouse remains hopeful. Uphold bank executive Martin Hiesboeck remains buoyant about XRP’s trajectory, hinting at an imminent rise in its value. Hiesboeck points towards ongoing developments within the XRP ecosystem, suggesting that an XRP…

The Purpose Bitcoin ETF (BTCC) – the world’s first Bitcoin exchange-traded fund – has struggled to compete with its U.S. counterparts since its January debut. The Canadian fund has lost 20% of its Bitcoin (BTC) under management over the past three months, despite rising demand and record-high prices for the asset during that time. Purpose Is Losing Bitcoin According to Purpose Investments’ website, the company held 27,871 BTC, worth $2.56 billion CAD ($1.89 billion USD) as of April 4. In…

The world of cryptocurrency continues to be a hotbed of activity, with regulatory bodies like the SEC (Securities and Exchange Commission) struggling to keep pace with innovation. A recent point of contention centers around Ethereum (ETH), the second-largest cryptocurrency, and its potential for spot-traded ETFs (Exchange-Traded Funds). The SEC has expressed worries about potential fraud and manipulation within the Ethereum ecosystem, but blockchain giant Consensys is firing back, arguing that Ethereum’s security measures surpass those of Bitcoin (BTC). This debate…