The Weekly Recap: $60K BTC, Polkadot Parachains & When ETF?
For the first time since April, Bitcoin’s price is back at $60,000. It’s a major psychological level, even though, from a technical standpoint, it doesn’t contain that much resistance. In…
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Bitcoin Touched $60K on Reports that SEC-Approved Futures ETF is Closer than Ever
Following reports that the SEC could greenlight a Bitcoin Futures ETF as early as next week, the price of the cryptocurrency skyrocketed to a six-month high above $60,000. Citing people…
SEC Tweets About Funds Holding Bitcoin Futures — Expectations of Impending Bitcoin ETF Approval Soar
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may…
Ark Invest Doubles Down On Its Efforts To Offer a Bitcoin Futures ETF
Ark Invest, the asset management firm founded by cryptocurrency enthusiast Cathie Wood,wants to accelerate is crypto strategy and has now officially lent its name to an ETF tracking bitcoin futures.…
New tickers and ARK filing shows Bitcoin futures ETF approval imminent: Analyst
According to Bloomberg Senior ETF analyst Eric Balchunas there are “good signs” that the SEC will approve Bitcoin futures ETF applications from Ark Invest and Valkyrie.
The Company Behind the World’s First Bitcoin ETF Launches Mutual Crypto Fund Units
Purpose Investments – an asset management company with $12B+ in AUM – recently announced that mutual fund units would be available for its cryptocurrency exchange-traded funds (ETFs). These include its…
Ethereum loses key support level as ETH price falls to two-month lows against Bitcoin
ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside.
Institutional crypto products eye record AUM as investors pile into Bitcoin
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week.