Fidelity lobbies SEC to approve Bitcoin ETF in private meeting
Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards. Go to Source Powered by WPeMatico
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Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards. Go to Source Powered by WPeMatico
On Friday, Grayscale Investments, the world’s largest digital currency asset manager in terms of assets under management (AUM), revealed that three trusts have been filed with the Securities and Exchange Commission (SEC) in order to become SEC reporting companies. The three trusts include individual crypto asset products such as the bitcoin cash trust, the litecoin … Read more
Is a futures-based crypto exchange-traded fund really imminent, and if so why that, and not an ETF that takes direct ownership in Bitcoin? Go to Source Powered by WPeMatico
A Bitcoin ETF approval will open the door for more conservative investors and this could have an irreversible impact on BTC price. Go to Source Powered by WPeMatico
Bloomberg analysts expect a BTC ETF approval in the next few months, and clever options traders might use this strategy to profit from the possibility. Go to Source Powered by WPeMatico
“A launch could come as soon as October, and we believe the SEC should permit several at once to avoid handing out a first-mover advantage,” Bloomberg ETF analysts said. Go to Source Powered by WPeMatico
There is no sign of an ETF launch approval in the U.S. as yet, with Europe soon to see a pioneering Bitcoin futures product. Go to Source Powered by WPeMatico
Bitcoin’s price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons. Go to Source Powered by WPeMatico
It’s unclear why both asset managers chose to apply for and withdraw seemingly similar applications for Ether ETFs on the same days. Go to Source Powered by WPeMatico
The latest two filings bring the total number of ETF applications this year to 23. Go to Source Powered by WPeMatico