The entire crypto market saw significant growth in terms of both price as well as market cap. Despite this surge, Bitcoin ETFs still seem to be struggling to garner approval from the United States’ prominent financial watchdog, the Securities and Exchange Commission [SEC]. Bitcoin exchange-traded funds [ETF] have seen the light of the day in […]
Bitcoin ETF
Goldman Sachs To Offer Notes Linked To ETF That May Give Exposure To Bitcoin
Goldman Sachs, the American multinational investment bank and financial services company has filed with the US Securities Exchange And Commission [SEC] to offer an investment product that could give exposure to its clients to cryptocurrency such as Bitcoin. This new investment product is tied to the performance of the ARK Innovation ETF, which is capable […]
Fidelity Subsidiary Plans To Launch Bitcoin ETF
Bitcoin ETFs have become increasingly popular as Bitcoin continued to flirt with its ATH. Fidelity Investments becomes the latest entrant in the join the race and is now prepping up the roll-out of its own Bitcoin ETF. According to the official document, the investment giant’s affiliate, FD Funds Management, has filed with the US Securities […]
Canada Aces The Bitcoin ETF Game As It Adds Another Feather To Its Cap
Canada has repeatedly exhibited its interest and inclination towards crypto. The country has been more accepting of Bitcoin and altcoins, unlike several other countries. The Canadian regulators giving a green signal to an array of exchange-traded funds [ETF] is substantial proof of the country’s engagement in crypto. In a recent announcement, Canada’s CI Global Asset […]
Canada’s First Bitcoin ETF Collects $421M In First 2 Days
Times are changing and Bitcoin ETF’s long-term outlook is brightening, at least in North America. The first-ever Bitcoin ETF that was launched earlier this week has reportedly collected an astonishing $421 million in assets in the first two days of its launch. This was revealed by Bloomberg’s Analyst Eric Balchunas in his latest tweet about […]
Bitcoin Rising Due To The Inefficiency Of Existing Payment Mechanisms, Suggests SEC Chair
As several dived into the crypto-verse after realizing the capabilities of Bitcoin, regulators began paying heed to the industry. New regulations were put in place while the existing ones were tightened. Suddenly, crypto-platforms had to seek permission from the government to roll out new crypto products. One such example is the application to launch a […]
Gold and Silver Smashing New Records, Will Bitcoin Follow
Discount Brokerage Platform Robinhood has made a spike in the trading activities of gold-tethered traded funds (ETFs). The data from the analytics site, Robintrack, recorded a surge in the number of Robinhood users trading SPDR Gold shares Exchange Traded Funds from 6,000 in 2019 to 26,000 this year. Silver, on the other hand, rose to record […]
Will the Bitcoin ETF Get Approved in 2020 as an Institutional Demand Increase?
Over the last few years, a particular bitcoin discussion that has repeatedly made headlines is about the Bitcoin ETF. On the downside, the headlines have mainly painted the words ‘rejection’ and ‘SEC.‘ Since 2019, a list of notable institutions and firms has forwarded their proposal for a Bitcoin ETF to the U.S. Securities and Exchange […]
SEC Emerges As Villain Again As another Bitcoin ETF Gets Rejected
Bitcoin ETF”s has been making rounds for the past couple of years, but since its inception, the entity has faced the wrath of both the government and the regulators. In the most recent series of events, the US Securities and Exchange Commission[ SEC] dismissed another proposed ETF. The regulators shot down the ETF proposed by […]
Grayscale Investments files Form 10 with SEC to push for Bitcoin ETF launch
The launch of the Bitcoin ETF has been one of the most talked-about and controversial events in the cryptocurrency industry. Several companies have tried to launch the asset only to be thwarted by regulatory authorities such as the Securities and Exchange Commission [SEC]. The latest company to come to the forefront about a Bitcoin ETF […]