SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week
Analysts say the best-case scenario is the SEC approves the batch of spot Bitcoin ETFs but it may also exercise its right to an appeal. Go to Source
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Grayscale Bitcoin ETF decision could happen this week, pundits say
The pending Grayscale ruling could impact the race for an approved spot Bitcoin exchange-traded fund. Go to Source
Why approving a Bitcoin ETF might unleash $18 billion in sell-pressure
Grayscale GBTC Trust conversion to an ETF will unlock a potential sale of up to $18 billion in Bitcoin. Go to Source Powered by WPeMatico
BlackRock has ‘50% chance’ of getting spot Bitcoin ETF approved: Analyst
Bloomberg’s senior ETF analyst believes BlackRock has an even chance of getting its Bitcoin ETF green-lit, as Grayscale looks more likely to win its case against the SEC. Go to Source Powered by WPeMatico
Grayscale Bitcoin Trust nears 2023 highs on BlackRock ETF filing as buyers step up
Institutional buying interest in GBTC accompanies hopes that BlackRock will secure the first U.S. Bitcoin spot ETF. Go to Source Powered by WPeMatico
Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?
BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000. Go to Source Powered by WPeMatico
SOL price risks 20% drop despite Grayscale Solana Trust’s retail debut
The latest Solana rally has had it return to the resistance range that prompted 25-40% price pullbacks multiple times this year. Go to Source Powered by WPeMatico
Cathie Wood’s ARK ignores Silvergate, buys Coinbase stock for 6th straight month
ARK appears unfazed by Silvergate as it increases COIN exposure by over 700,000 shares so far in 2023. Go to Source Powered by WPeMatico
How does the U.S. Dollar Index (DXY) impact cryptocurrencies? Watch Macro Markets
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Dollar Index (DXY) impacts cryptocurrencies. Go to Source Powered by WPeMatico
Grayscale files brief in ETF suit against SEC, oral arguments may come within months
Grayscale appealed the SEC’s denial of its application to create a spot BTC ETF in June; the case “is moving swiftly,” according to the Grayscale chief legal officer. Go to Source Powered by WPeMatico
