The trading of Spot Bitcoin ETFs is set to commence tomorrow, following the anticipated approval of these investment products by the US Securities and Exchange Commission (SEC). The Chicago Board Options Exchange (CBOE) has confirmed that six out of the eleven pending ETFs will start trading on Thursday. These include the Invesco Galaxy Bitcoin ETF […]
The United States Securities and Exchange Commission (SEC) is on the verge of approving Bitcoin BTC exchange-traded funds (ETFs), a development eagerly awaited by both news media and traders. Eric Balchunas, a senior ETF analyst at Bloomberg, expressed his anticipation on X (formerly Twitter) on January 10, stating, “Happy ETF Approval Day,” and “As far […]
The United States Securities & Exchange Commission (SEC) is set to reach a hard deadline for spot Bitcoin exchange-traded funds (ETFs) on Wednesday. In anticipation, the Chicago Board Options Exchange (CBOE) has announced that Bitcoin spot ETFs will commence trading as a new issue on Thursday, January 11.Meanwhile, Ethereum (ETH), a top performer among the […]
Shytoshi Kusama, the lead developer of Shiba Inu, recently unveiled substantial development plans for the meme coin, injecting a wave of optimism into the broader cryptocurrency market. The Shiba Inu community is at the forefront of these initiatives, working on curating a “network state” to revolutionize support for both Web2 and Web3 collectively. This strategic […]
The United States Securities and Exchange Commission (SEC) is on the verge of approving Bitcoin BTC exchange-traded funds (ETFs), a development eagerly awaited by both news media and traders. Bloomberg senior ETF analyst Eric Balchunas expressed his anticipation with a post on X (formerly Twitter) in the early hours of Jan. 10, stating, “Happy ETF […]
Bloomberg Terminal has listed all eleven spot Bitcoin exchange-traded funds (ETF) following their appearance on brokerage platforms, indicating an imminent SEC approval. Bloomberg ETF analyst Eric Balchunas broke the news of the listing and anticipates the regulator will officially announce the approval within a few hours, between 4 pm to 6 pm Eastern time. These […]
The U.S. Securities and Exchange Commission (SEC) is nearing a decision on the approval of spot bitcoin exchange-traded funds (ETFs), putting asset managers, including BlackRock, Ark Investments, and 21Shares, on high alert. A false report of the SEC approving 11 Bitcoin ETF applications caused a spike in market volatility, pushing the Bitcoin spot price to […]
The ProShares Bitcoin Strategy ETF (BITO) has surpassed the $2 billion mark, driven by the anticipation surrounding the potential approval of the spot ETF. Interestingly, the spot ETF could pose a significant threat to BITO. Despite the buzz around the spot ETF, ProShares asserts that its futures ETF has been experiencing rapid growth even before […]
Fundstrat Global Advisors managing partner Tom Lee has made a bold prediction about the future of Bitcoin (BTC). He believes that the cryptocurrency could surge to $150,000 within the next 12 months and potentially leap to $500,000 in the next five years. Lee made these statements during an appearance on CNBC’s “Squawk Box” on January […]
In anticipation of the Beacon Chain Fusion, holders of key BEP2/BEP8 tokens, including Binance Coin (BNB) and Bitcoin (BTC), are encouraged to transfer their assets to the BSC network. This move is strongly advised to ensure a seamless, lossless transition, preserving a 1:1 asset ratio. For those who did not transfer their assets to the […]
