Search results for: Grayscale SEC

Mike Novogratz Foresees 2023 Approval for Bitcoin Spot ETFs

Mike Novogratz, the CEO of Galaxy Digital, has expressed strong optimism regarding the approval of a spot Bitcoin exchange-traded fund (ETF) in the near future. In a recent interview on SquawkBox, Novogratz stated, “Yeah, it’s gonna get approved,” hinting at a potential green light in 2023. Novogratz highlighted the apparent shift in the U.S. Securities […]

Crypto Fund Inflows Persist Despite Slowing Momentum

The cryptocurrency market has witnessed inflows into investment products for the third consecutive week, albeit at a reduced pace. From October 7 to October 13, the inflow amounted to $15.2 million, a significant drop from the previous week’s $78.4 million. CoinShares analysts highlighted that this figure is 27% below the average for 2023. They pointed […]

BTC ETFs Are Coming: Read to Know More

Anyone can trade bitcoin (BTC); that’s the fundamental principle of an open protocol like Bitcoin. However, significant attention and effort are being directed toward alternative methods of accessing bitcoins. Specifically, why is there such heightened anticipation surrounding spot market bitcoin ETFs, or exchange-traded funds, especially when similar products like “futures-based” ETFs and exchange-traded products (ETPs) […]

UPtober is Still Upon Us

Cryptocurrencies experienced a brief surge at the beginning of the week as investors expressed optimism about the potential approval of a bitcoin exchange-traded fund (ETF) in the United States. During Monday morning trading, bitcoin saw a sudden spike, surpassing $30,000, following an unconfirmed report suggesting that the iShares spot bitcoin ETF had received formal approval […]

USD Crisis Looms: Major Coins Look to Hold & Increase Value

In the Crypto Industry, where innovation is the constant driving force, we find ourselves in the midst of significant developments that could potentially reshape the financial world. These transformative events are unfolding against the backdrop of a challenging year for prominent cryptocurrencies such as Bitcoin, Ethereum, and XRP. Despite facing hurdles related to the U.S. […]

Legal and Regulatory Developments Point to a Crypto Bull Run

Recent legal and regulatory milestones in the cryptocurrency sector indicate a potential bull run in the market. The favorable ruling for Grayscale’s spot Bitcoin ETF by the United States Court of Appeals and Ripple’s court victory are significant indicators of the crypto market’s integration into traditional financial systems. Grayscale’s legal triumph over the US Securities […]

Coinbase se Posiciona como la Entidad con Más Bitcoin, Solo Superada por Satoshi Nakamoto

  Coinbase, la reconocida plataforma de intercambio de criptomonedas, ha alcanzado un hito significativo, posicionándose como la entidad con más tenencias en bitcoin, solo superada por el misterioso creador de Bitcoin, Satoshi Nakamoto. Según la firma de datos Arkham, Coinbase posee casi un millón de bitcoins (BTC), lo que equivale a aproximadamente 25.000 millones de […]

BlackRock & Greyscale BTC ETFs to Dwarf Existing Schemes

Situation: Despite no approval for spot Bitcoin ETFs in the U.S, there is yet increasing sentiment that they might pose a significant threat to the futures-based funds introduced earlier. Potential New Entrants: BlackRock Inc. and Grayscale Investments are leading the charge, waiting for regulatory approval to launch the U.S.’s first ETFs linked to Bitcoin’s spot […]