
April 28th, 2025
With Vanguard not allowing users to invest in the spot Bitcoin ETFs now available in the United States, customers are threatening to leave the company, citing a misalignment with the investment philosophy.
The SEC has received a filing for a covered call ETF from Grayscale, which will have no direct exposure to crypto.
Cathie Wood is expecting around $4 billion inflows into its Ark 21Shares Bitcoin ETF with the asset management firm talking to state pension funds and treasurers.
Circle Internet Financial confidentially filed for an initial public offering (IPO) in the US.
However, Robinhood CEO emphasized that even though the value of cryptocurrencies like Bitcoin is rising, they are still complicated and risky
A dissenting SEC commissioner has expressed disapproval of the Bitcoin spot ETFs and highlighted the reasons for this.
The SEC faces deadlines ranging from May 23 to August 7 to make decisions on Ethereum ETF applications.
The impact of the spot Bitcoin ETF approval in the United States is expected to be felt in the coming months as more fund managers compete for the limited supply of Bitcoins amid the upcoming halving event.
The $11.3 billion valuation tender offer by Ripple permits investors to sell up to 6% of their stake, with $500 million allocated for the buyback, covering stock unit conversions and tax obligations.
The approved ETFs are expected to attract significant inflows. Estimates suggest that Valkyrie could see $200-400 million, with the overall market experiencing $4-5 billion in inflows within the first few weeks.
Coinbase could win big if the SEC approves spot Bitcoin ETF as the exchange is responsible for custody on most of the pending proposals.
In response to the breach, SEC Chair Gary Gensler swiftly clarified that the commission had not approved the listing and trading of spot Bitcoin ETFs.
According to the Valkyrie exec, the possibility of an ETH or XRP spot ETF is much higher especially since spot Bitcoin ETFs are likely to be approved.
The rise of ProShares Bitcoin Strategy ETF in the past year despite lacking direct exposure to Bitcoin indicates a huge demand for spot BTC ETF.
Spot Bitcoin ETF applicants have set low fees to attract fund advisors with experts highlighting that custodians will be forced to lower fees to remain competitive in the near future.