The U.S. Securities and Exchange Commission (SEC) has officially approved America’s first regulated spot Bitcoin Exchange-Traded Funds (ETFs). This landmark decision was initially marred by a misleading tweet from the SEC’s account, causing market turmoil. However, the approval of 19b-4 applications from firms such as ARK 21Shares, Invesco Galaxy, and others, has now paved the […]
Following the approval of 11 spot Bitcoin exchange-traded funds (ETFs) on January 10, spot Ether ETFs are expected to receive approval in 2024. Bloomberg ETF analyst Eric Balchunas predicts a 70% chance of approval by May. Balchunas has stated that the fate of Ether spot is closely tied to that of Bitcoin spot, and he […]
Exchange Traded Products (ETPs) are funds that represent an index, currency, or commodity. There are numerous providers of such products, including Coin Shares, 21 Shares, Seba, Van Eck, and Wisdom Tree. These allow investments not only in Bitcoin but also in other cryptocurrencies such as Cardano, Ethereum, Polkadot, Solana, or a combination of these. Recently, […]
The Federal Bureau of Investigation (FBI) has become involved in an investigation into a security breach of the U.S. Security and Exchange Commission’s (SEC) X account, according to a statement from an SEC spokesperson. The spokesperson clarified that the FBI is not investigating the SEC itself, but is instead collaborating with the SEC on the […]
The U.S. Securities and Exchange Commission (SEC) has officially approved the first spot Bitcoin exchange-traded funds (ETFs), marking a significant shift in the financial landscape. This decision comes after 11 years of rejecting such products due to concerns related to financial stability and market integrity, according to a regulatory filing on January 10.The first application […]
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has given the green light to the first batch of Bitcoin spot ETFs for trading in the United States. This approval has been expedited, marking a significant shift in the SEC’s stance.According to a filing on the SEC’s website, all 11 Bitcoin ETF applicants […]
The US Securities and Exchange Commission (SEC) finds itself in a precarious situation following a compromising event involving its X (formerly Twitter) account. This has led to Ripple executives demanding answers. The account posted a false announcement stating that all spot Bitcoin ETF applications had been approved by the regulatory body, escalating concerns and demands […]
The United States Securities and Exchange Commission (SEC) has announced that it is working in conjunction with the Federal Bureau of Investigation (FBI) to probe a tweet that was issued from its X account on January 9.In a statement released on January 10, the SEC clarified that the tweet from January 9, which claimed that […]
Speculation is rife within the crypto community following a false announcement regarding the approval of spot Bitcoin exchange-traded funds (ETF) from the United States Securities and Exchange Commission’s (SEC) X account. The incident has led to questions about whether this was an inside job, designed to delay or halt the anticipated product.Gabor Gurbacs, the director […]
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 […]
