Cryptocoins News / Finance Magnates - 2 years ago
Bitcoin exchange-traded funds (ETFs) have created a lot of hype in the market. However, the demand for the just-listed products failed to convince one major American player. The brokerage arm of Vanguard confirmed that it will not allow customers to...
Cryptocoins News / Finance Magnates - 2 years ago
The United States witnesses the commencement of pre-market trading for its first-ever Bitcoin exchange-traded funds (ETFs) today (Thursday). BlackRock's iShares Bitcoin Trust (IBIT) took the lead, soaring an impressive 22.25% in pre-market trading, C...
Cryptocoins News / Finance Magnates - 2 years ago
The stocks of the cryptocurrency exchange Coinbase and Robinhood dropped following the recent approval of spot Bitcoin exchange-traded funds (ETFs). According to a report by CNBC, Coinbase experienced a decline of over 6% in its shares, while Robinh...
Cryptocoins News / Finance Magnates - 2 years ago
WisdomTree has launched its spot Bitcoin exchange-traded fund (ETF) in the US. Dubbed WisdomTree Bitcoin Fund (BTCW), this fund has debuted on the Cboe BZX Exchange, providing investors in the US with an avenue to gain exposure to the price of Bitcoi...
Cryptocoins News / Finance Magnates - 2 years ago
After many years of waiting, investors will finally see the launch of the first-ever spot Bitcoin (BTC) exchange-traded fund (ETF) in history. The market was immediately flooded not with one or five but nearly a dozen such investment products that sh...
Cryptocoins News / Finance Magnates - 2 years ago
Financial markets are a rollercoaster of uncertainty and unpredictability. Warren Buffett once said: “The only value of stock forecasters is to make fortune-tellers look good.” Crypto is like that, but on steroids. No wonder, then, that every once in...
Cryptocoins News / Finance Magnates - 2 years ago
KuCoin Research has released its monthly report for January 2024, highlighting a notable resurgence in Web3 investments. During this period, seed rounds and strategic financing increased, with 22% of projects securing funding that exceeded USD $10 mi...
Cryptocoins News / Finance Magnates - 2 years ago
“This is a pivotal moment that legitimizes Bitcoin’s future,” said LMAX Group’s CEO, David Mercer, after the Securities and Exchange Commission approved 11 Bitcoin exchange-traded fund (ETF) applications.The crypto industry has received the much-anti...
Cryptocoins News / Finance Magnates - 2 years ago
The Securities and Exchange Commission (SEC) yesterday (Wednesday) approved the spot Bitcoin exchange-traded fund (ETF) application of 11 firms in one go. Now, spot Bitcoin ETFs will be listed on the US stock exchanges starting today (Thursday) and c...
Cryptocoins News / Finance Magnates - 2 years ago
India has ramped up its regulatory measures against offshore cryptocurrency exchanges, directing Apple to remove apps from crypto exchanges such as Binance from its App Store within the country. According to a report by Bloomberg, this recent escalat...
Cryptocoins News / Finance Magnates - 2 years ago
The European Central Bank (ECB) has embarked on a significant journey toward the potential implementation of a digital euro. The latest development involves the opening of applications for vendors to provide essential services, signaling a tangible s...
Cryptocoins News / Finance Magnates - 2 years ago
BlackRock and Ark Investment Management have slashed fees for their planned spot bitcoin exchange-traded funds (ETFs). BlackRock's iShares Bitcoin Trust has lowered its fee from 0.30% to 0.25%, while Ark 21Shares Bitcoin ETF reduced its fee to 0.21%...
Cryptocoins News / Finance Magnates - 2 years ago
The fake announcement of the approval of the Bitcoin exchange-traded fund (ETF) resulted in the liquidation of nearly $90 million worth of Bitcoin long and short positions in less than an hour yesterday (Thursday).Opportunistic Traders Paid a Heavy P...
Cryptocoins News / Finance Magnates - 2 years ago
BitGo, a provider of financial services in the digital realm, has announced that its subsidiary, BitGo Singapore Pte. Ltd., has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution Licence.Clie...
Cryptocoins News / Finance Magnates - 2 years ago
On Tuesday afternoon, the official X (formerly Twitter) account of the Securities and Exchange Commission (SEC) posted a much-anticipated tweet: “Today the SEC grants approval for Bitcoin ETFs for listing on all registered national securities exchang...
Cryptocoins News / Finance Magnates - 2 years ago
The Securities and Exchange Commission (SEC) encountered a significant stir after its Twitter account appeared to announce approval for spot Bitcoin exchange-traded funds (ETFs). However, contrary to the tweet's assertion, the SEC's Chair, Gary Gensl...
Cryptocoins News / Finance Magnates - 2 years ago
With SEC's approval confirmed, spot Bitcoin ETFs are officially set to launch, marking what some commentators believe is a turning point in Bitcoin’s history. Whatever events unfold from here, it’s worth considering why now is the right time for ETFs...
Cryptocoins News / Finance Magnates - 2 years ago
Its official: the Securities and Exchange Commission (SEC) has approved the spot Bitcoin exchange-traded fund (ETF). The confirmation was made just before the expiration of today's (Wednesday) deadline on the application of the Ark 21Shares Bitcoin T...
Cryptocoins News / Finance Magnates - 2 years ago
BlackRock, VanEck, and other companies expecting responses for their applications to list spot Bitcoin ETFs have amended their filings after receiving feedback from the US Securities and Exchange Commission (SEC).This unprecedented engagement between...
Cryptocoins News / Finance Magnates - 2 years ago
2023 proved to be positive for companies in the cryptocurrency industry, as confirmed by another report summarizing the past year published by a large digital asset exchange. KuCoin joins its competitors and boasts an increase in its customer base to...
Cryptocoins News / Finance Magnates - 2 years ago
Now, the Securities and Exchange Commission (SEC) only has two working days to announce its decision on spot Bitcoin exchange-traded fund (ETF) as the Wednesday deadline is looming. Although the regulator rejected and delayed its decision for years,...
Cryptocoins News / Finance Magnates - 2 years ago
Amid the anticipation surrounding the potential approval of a spot Bitcoin exchange-traded product by the Securities and Exchange Commission (SEC), the Chairman's, Gary Gensler, recent cautionary statements have cast a spotlight on the inherent risks...
Cryptocoins News / Finance Magnates - 2 years ago
The Monetary Authority of Singapore (MAS) has officially granted Upbit Singapore a Major Payment Institution (MPI) license, marking an important step for the company in its commitment to the country's crypto regulations. Alex Kim, the Founder and CEO...
Cryptocoins News / Finance Magnates - 2 years ago
The intensifying competition within the burgeoning Bitcoin exchange-traded fund (ETF) landscape, BlackRock (BLK.N) has announced a low fee of 0.30% for its forthcoming iShares Bitcoin Trust. This fee is notably lower than those proposed by some of it...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase is acquiring a Cyprus-based entity with a MiFID license, paving the way for wider access to its derivatives products in Europe.This strategic move aligns with Coinbase's "Go Broad, Go Deep" plan, aiming to establish clear regulatory framewor...
