April 21st, 2025
Bitcoin ETF News - Page 36
Grayscale Files Amended ETF Application Following Silbert’s Resignation
By Chimamanda U. Martha
December 27th, 2023
The amended ETF application came after a series of meetings between Grayscale and the SEC in December.
Grayscale Investments’ Top Executives Barry Silbert and Mark Murphy Resign from Board of Directors
By Steve Muchoki
December 27th, 2023
In addition to top executives stepping aside from the board of directors, Grayscale Investments also filed an updated spot Bitcoin ETF application with the SEC on Tuesday.
Bitcoin Price Drops to $42,000, Altcoins Face Selling Pressure
By Bhushan Akolkar
December 27th, 2023
Bitcoin holds the losses at $42,000 as investors await the approval of spot Bitcoin ETF which is around the corner. The level of interest in Bitcoin post the ETF approval remains uncertain.
Bitcoin (BTC) Hashrate Hits New High but Profitability on Decline
By Bhushan Akolkar
December 26th, 2023
In 2023, the Bitcoin hashrate has surged by a staggering 130% which shows growing competition and reduced profitability for miners.
With Bitcoin Spot ETF Approvals, Halving and Incoming Upgrades, What Should You Expect from BTC in 2024?
By Temitope Olatunji
December 23rd, 2023
The timing aligns perfectly in 2024 for a spot ETF approval to have already attracted significant investment, and then the halving decreases Bitcoin’s supply right when demand shoots higher.
BlackRock Bitcoin ETF Potential Approval Faces Questions, SEC Could Make Decision by January 10
By Temitope Olatunji
December 22nd, 2023
In its initial filing, BlackRock mentioned that the Prime Execution Agent would obtain BTC to support the ETF’s shares on a 1-to-1 ratio. Although the company didn’t disclose the name of the chosen agent, it did identify Coinbase as the proposed custodian.
El Salvador Attracts Foreign Bitcoin Investors with Citizenship Offer
By Bhushan Akolkar
December 22nd, 2023
The legislative overhaul attracts the philanthropic foreigners keen on contributing to the economic, social, and cultural development of El Salvador through Bitcoin donations.
Bitcoin Price Eyes $44K Mark as Crypto Market Cap Is Close to $1.7T
By Mayowa Adebajo
December 21st, 2023
The overall crypto market cap was close the $1.7 trillion mark on Wednesday, signaling that more money might be flowing into the crypto industry.
Battle for Bitcoin ETF: Marketing Wars Heat Up, VanEck to Accumulate More BTC Instead of ETF Ad
By Temitope Olatunji
December 21st, 2023
While Hashdex and Bitwise are competing for public attention with their marketing campaigns, VanEck’s move to actually own Bitcoin may prove to be the wiser approach.
Bitcoin Price Can Retrace to $36,000 despite ETF Approval, Says QCP Capital
By Bhushan Akolkar
December 21st, 2023
QCP Capital believes that the Bitcoin ETF approval could be a sell-the-news event thereby pushing the Bitcoin price under $40,000, before resuming the next uptrend.
BlackRock Makes Push for Bitcoin ETF Approval Its Corporate Priority
By Godfrey Benjamin
December 21st, 2023
A spot Bitcoin ETF approval would open doors for institutional and retail investors to access the world’s largest cryptocurrency with greater ease and at a lower cost compared to Bitcoin ETFs tied to the futures market.
Bitcoin Spot ETF Is Biggest Development on Wall Street in Last 30 Years, Michael Saylor Says
By Temitope Olatunji
December 20th, 2023
By removing barriers that have discouraged participation, Saylor predicts that Bitcoin spot ETFs will lead to a surge in demand as previously untapped capital flows into the limited cryptocurrency market.
SEC Meets with Top Bitcoin ETF Applicant BlackRock, Here’s Why
By Mayowa Adebajo
December 20th, 2023
Nasdaq was also in attendance to discuss rule changes that BlackRock must consider before listing a Bitcoin ETF.
Bitcoin Price Reacts Positively with 5% Increase as BlackRock Nears ETF Deal
By Tokoni Uti
December 19th, 2023
BlackRock has agreed to exclude in-kind creations and redemptions from its ETF application. The Bitcoin price has responded positively to this news.
ESG-focused 7RCC Joins Race for Bitcoin ETF Approval
By Mayowa Adebajo
December 19th, 2023
7RCC’s crypto ETF differs from those of other similar products. 80% of it will consist of Bitcoin, while the rest will hold carbon credits futures