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Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC.

Continue ReadingBitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

Analysts say the best-case scenario is the SEC approves the batch of spot Bitcoin ETFs but it may also exercise its right to an appeal.

Continue ReadingSEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

Bloomberg Intelligence Believes Spot Bitcoin ETF Could Launch This Week in the US

According to Bloomberg Intelligence, the highly-anticipated launch of a spot Bitcoin exchange-traded fund (ETF) in the United States could occur right before Labor Day (September 4). The entity said that…

Continue ReadingBloomberg Intelligence Believes Spot Bitcoin ETF Could Launch This Week in the US

Mysterious Wallet Jumps to 3rd Largest BTC Holder in 3 Months: BlackRock or Gemini Involved?

In the past 90 days, a wallet has amassed more than 118,000 BTC, becoming the third largest holder of Bitcoin. Speculations about the true owner of the mysterious wallet have…

Continue ReadingMysterious Wallet Jumps to 3rd Largest BTC Holder in 3 Months: BlackRock or Gemini Involved?

Crypto investors cool on Bitcoin funds, turning to Ether and XRP

Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.

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