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In a recent discussion with CNBC, Grayscale’s CEO, Michael Sonnenshein, shed light on the company’s decision to offer the highest fee among the 11 issuers of spot Bitcoin ETFs in…
Following its initial hostile outlook on the spot Bitcoin exchange-traded fund (ETF), the South Korean government may be giving a second thought to its stance on the financial product. This…
Ripple CEO Brad Garlinghouse has expressed his validation of the United States Securities and Exchange Commission’s decision to authorize financial institutions to offer investors spot Bitcoin exchange-traded fund (ETF) products.…
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for making a decision on Fidelity’s proposal for a spot Ethereum exchange-traded fund (ETF) to March 5, as indicated…
Nine of the newly launched spot Bitcoin ETFs saw a 34% increase in trading volume on Jan. 18 compared to the previous day. “Normally, with a hyped-up launch, you see…
Cathie Wood’s ARK Investment Management LLC is actively acquiring shares of its recently introduced spot Bitcoin ETF, intensifying the competition among the initial issuers. The ARK Next Generation Internet ETF…
In an interview with Bloomberg, Rachel Aguirre, the head of product at BlackRock U.S. iShares, revealed that the firm’s spot Bitcoin ETF (IBIT) has witnessed a surge in inflows, predominantly…
Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that the current trends in Bitcoin’s price suggest a short-term positioning adjustment rather than a long-term trend reversal in…
Mutual fund and ETF provider VanEck has announced plans to delist the VanEck Bitcoin (BTC) Strategy ETF from the Chicago Board Options Exchange (CBOE) after January 30. The fund –…
Even with significant capital flowing into the recently introduced spot Bitcoin ETFs, the anticipated positive influence on BTC’s price is yet to materialize. Bitcoin experienced a decline of more than…