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Canary Capital Files SEC Registration for XRP ETF

Canary Capital Group LLC has officially submitted a registration with the U.S. Securities and Exchange Commission (SEC) for its proposed Canary XRP ETF, aimed at providing investors with exposure to…

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JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold

JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could…

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Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund 

Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This…

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Suze Orman Recommends BTC: ‘Everybody Should Absolutely Have Exposure to Bitcoin’

Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent investors like Dave Ramsey and Warren Buffett. She underscores the potential gains for those…

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Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation…

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Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation

Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to…

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Blackrock’s Ishares Bitcoin Options Get the SEC Green Light

The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a product by Blackrock. This decision introduces…

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SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians

The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The…

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Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report

In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The…

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