Better to make a wise decision regarding Bitcoin spot ETFs than to wait for new congressional bills on cryptos.
Spot Bitcoin ETFs are at the heart of discussions lately. While some speculations revolve around a rejection or approval of these new financial products, others focus on the impact of trackers on BTC from a financial perspective. Indeed, more and more analysts do not dismiss the theory of a migration of fresh capital into the market after the SEC's green light. Gabor Gurbacs, an advisor at VanEck, provides some clarification on this subject.
As the prospective dates for approval of Bitcoin Spot ETFs approach, BlackRock, Fidelity, Valkyrie, Bitwise and other applicants for authorization of these financial instruments are fine-tuning their dossiers. Lately, many of them have once again filed documents in which they designate the “authorized participants” for their trackers. The cream of…
As the magic of the holiday season fills our hearts, another kind of magic is happening in the crypto sphere: the countdown to the launch of Bitcoin spot ETFs. With the US SEC setting December 29 as the ultimate deadline for filing applications, a true financial ballet is unfolding, where giants like BlackRock and Grayscale play leading roles.
The moment of truth is approaching. Will the SEC soon approve Spot Bitcoin ETF applications? Or will it go as far as to postpone its decision? Recently, issuers of similar requests have been increasing meetings with officials from this U.S. financial regulatory body. Gary Gensler and his team must be under pressure.
BlackRock wants to make its Bitcoin spot ETF more accessible to Wall Street banks. The asset manager has indeed revised the functioning of its index fund to allow banking giants to participate in the Bitcoin market without violating the regulations they are subject to.
Senator Elizabeth Warren has introduced a bill that would impose heavy regulations on the crypto industry. While the bill aims to combat money laundering, it raises concerns about its potential impact on innovation and privacy.
In the crypto sphere, even the most seasoned traders can feel like Alice who fell down the rabbit hole. But, before chasing the high-yield White Rabbit, it's crucial to read the fine print - especially those penned by the United States Securities and Exchange Commission (SEC).
The Ripple vs SEC trial could soon come to an end. The two parties have met to discuss the terms of a settlement.
Accused of promoting risky investments with Binance, Ronaldo finds himself the subject of a class action lawsuit. Details here!
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Recently, the crypto platform Binance and the United States Department of Justice (DOJ) reached an agreement to abandon the investigations conducted against the company. Interestingly, the Securities and Exchange Commission (SEC) did not participate in the agreement. According to some analysts, this stance is anything but innocent.
While the cryptocurrency market eagerly awaits the approval of a Bitcoin Spot ETF by the SEC, Grayscale Investments seems to be on the right track to achieve the holy grail. Its meeting with US regulators yesterday brings the digital asset manager closer to its goal.
A recent survey conducted by the Autorité des marchés financiers (AMF) reveals a growing preference among French people for cryptocurrencies compared to stocks and ETFs. Currently, 9% of French adults hold cryptocurrencies, compared to 7% in stocks and 2% in ETFs. This trend is particularly pronounced among young people, with 31% of them open to being paid in cryptocurrencies. The impact of the pandemic has played a role in this shift in investment preference. Additionally, 24% of French adults invest in various financial instruments, and over 10% are turning to real estate funds.
The crypto community is eagerly awaiting the approval, by the Securities and Exchange Commission (SEC), of several ETFs, including potentially the first Bitcoin ETF in cash. Regarding the latter, for example, analysts have suggested that a decision should be made by January 2024. The SEC has postponed its decision.
Exactly one week ago, financial giant BlackRock filed for registration of the iShares Ethereum Trust, the proposed ethereum (ETH) cash ETF. The news caught the attention of crypto analysts as it suggested the upcoming filing of an Ethereum ETF application with the SEC. That has now been done.
The SEC has lost and will continue to lose lawsuits, celebrates Ripple's lawyer.
Yesterday, crypto firm Binance and the SEC jointly filed a lawsuit seeking a restraining order. The judge outright rejected the request. Here are the reasons given by Judge Amy Berman Jackson, who ruled on the case.
The SEC is now out of options, according to pro-crypto law experts who have followed the case against Ripple from the start. However, the matter is not quite closed. Aside from the remediation phase in which the crypto company might pay a hefty fine, a new showdown before the Supreme Court could soon take place between the two parties.
The price of BTC is rising as rumors of potential approval of Bitcoin ETFs by January flood the crypto market.
After several months of litigation, the case between Binance and the SEC is far from over. The SEC has taken legal action against the world's largest crypto exchange. But Binance has challenged the SEC's authority by filing a motion to dismiss the case against them. What exactly is the status of the lawsuit? Focus on the latest news on the Binance v SEC case.
XRP is considered the fourth-largest cryptocurrency in terms of market capitalization. It has seen a significant surge in the past 24 hours, surpassing the performances of Bitcoin (BTC) and Ether (ETH). This increase is believed to be associated with the growing adoption of Ripple's crypto platform by financial institutions in various countries.
The Ripple vs. SEC trial is arguably one of the most crucial in crypto history. The reason is straightforward: it could have significant implications on the legal status and regulation of digital currencies. According to John Deaton, the $20 million settlement signifies a 99.9% victory for Ripple in its lawsuit against the SEC.
After months of operational struggle, Bitcoin (BTC) reigns over the ecosystem stronger than ever. In the past 24 hours, the asset's valuation increased by 3.18%, surpassing the symbolic $35,000 mark. This brought delight to enthusiasts of this crypto asset. A Canadian parliamentarian, a few days ago, encouraged the public to actively engage with this cryptocurrency that continues to surprise.
The Bitcoin frenzy continues to grow, as evidenced by the significant increase in visits to its Wikipedia page. This trend, observed in the context of a surge in BTC prices and anticipation for the approval of Bitcoin Spot ETFs, requires an in-depth analysis.
"The Bitcoin Spot ETF is a financial product that allows investors to access the Bitcoin market without directly owning the cryptocurrency. According to a study by Galaxy Research, the Bitcoin ETF could experience tremendous success in the years to come. Details below!
The financial market is eagerly awaiting the possible approval of a bitcoin spot ETF. In this regard, Fidelity, Ark Invest, and Invesco have recently updated their requests with the SEC. This is in response to letters demanding clarification on the matter. The crypto community perceives this action as a positive sign of ongoing dialogue between the companies and the regulatory authority.
Binance, the leading cryptocurrency exchange platform, is currently facing massive capital outflows. These movements appear to be motivated by growing concerns about regulation.
Rumor has it that the SEC is about to approve Ishares' Bitcoin ETF. Verdict tomorrow.
At the crossroads of financial giants, the crypto arena has become the scene of a legal drama that could redefine the future of digital currencies. At the center of this storm, Binance finds itself in the crosshairs of the dreaded US SEC. And, as the stakes continue to rise, Circle, the issuer of stablecoin USDC, invites itself to the negotiating table.