The Securities and Exchange Commission’s approval of 11 spot bitcoin ETFs this week could be a turning point for cryptocurrency investing. Ark Invest CEO and Chief Investment Officer Cathie Wood is behind one of the new ETFs. Her firm has partnered with 21Shares to launch the ARK 21Shares Bitcoin ETF. “We really believe this is … Read more
With spot bitcoin ETF approvalinvestors can now directly access cryptocurrency through an investment fund, risk reduction and increasing movement safety. This change reflects a a new regulatory approach indicating an increase institutional acceptance and potentially stimulate a significant increase in interest and investment in the industry cryptocurrency. However, certain regulatory uncertainties remain and the debate … Read more
Pavlo Gonchar | Lightrocket | Getty Images More than a dozen financial firms are involved in new bitcoin exchange-traded funds that began trading on Thursday, but one of the world’s largest fund issuers and money managers still won’t touch the cryptocurrency. A Vanguard spokeswoman told CNBC that the asset management giant has no plans to … Read more
Samara Cohen, chief investment officer of ETFs and index investments at Blackrock, center, rings the bell when bitcoin spot ETFs launch on the Nasdaq in New York on January 11, 2024. Stephanie Keith | Getty Images Bitcoin exchange-traded funds saw big swings during early trading on Thursday, mirroring a volatile day for cryptocurrency prices more … Read more
Omar Marques | Lightrocket | Getty Images The US Securities and Exchange Commission has just approved the first-ever batch of exchange-traded spot bitcoin funds originating in the US. The agency on Wednesday gave the green light to sponsors of 10 ETFs, including BlackRock, Invesco, Fidelity, Grayscale and Ark Invest – paving the way for the … Read more
Brian Armstrong, CEO of Coinbase Global Inc., speaks during the Messari Mainnet Summit in New York on Thursday, September. 21, 2023. Michael Nagle | Bloomberg | Getty Images Now that the SEC has approved the creation of Bitcoin Exchange Traded Funds, Coinbase the crypto market position is about to change dramatically. In the coming weeks … Read more
The U.S. Securities and Exchange Commission on Wednesday approved rule changes that will allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give investors regular access to the controversial and volatile cryptocurrency. The decision is likely to lead to the conversion of Grayscale Bitcoin Trust, which holds about $29 … Read more
In this picture taken on June 16, 2023, representations of the Bitcoin cryptocurrency are placed on a PC motherboard. Nut Ruvic | Reuters Cryptocurrency investors are waiting for the Securities and Exchange Commission to approve a series of spot bitcoin applications, likely on Wednesday With a spot bitcoin ETF now looking very real, attention is … Read more
Digital wallet connected with the mysterious creator of Bitcoin, Satoshi Nakamoto, received unexpected payment from approx $1.2 million in bitcoins by an anonymous user. Direct transition to the so-called wallet genesis, the first ever built and dormant for many years, occurred on January 5, 2024, two days after the fifteenth anniversary of the mining of … Read more
The year 2024 started with good news for cryptocurrency enthusiasts and investors: Bitcoin surpassed $45,000 today, for the first time since April 2022, marks a recovery after a period of volatility and uncertainty. The value of Bitcoin, the most well-known and widespread cryptocurrency, reached a peak of $45,532, an increase of 156% from the previous … Read more