GBTC ETF Approved to List on NYSE Arca GBTC’s transition into an ETF allows investors to gain exposure to Bitcoin without the hassle of managing cryptocurrency exchanges and wallets, although this fund does have drawbacks such as high management fees and security concerns. GBTC shares represent a fraction of its underlying assets, and its… Continue reading GBTC ETF
Category: Bitcoin ETF
Bitcoin Spot ETF
Regulatory Approval of a Bitcoin Spot ETF Many in the cryptocurrency industry don’t fully grasp exchange-traded funds (ETFs), yet their potential impact could have an immense ripple effect across cryptocurrency. If approved by regulators, ETFs could encourage traditional investors to enter the market while also improving liquidity and aiding price discovery. BlackRock and Grayscale expect… Continue reading Bitcoin Spot ETF
BlackRock Spot Bitcoin ETF
BlackRock Spot Bitcoin ETF Could Finally Win SEC Approval BlackRock’s recent filing for a Bitcoin ETF caused crypto markets to seethe with anticipation, sparking hope that it may finally win SEC approval. BlackRock’s application included provisions to ensure surveillance-sharing agreements would exist between significant, regulated bitcoin markets to address concerns about volatility and manipulation posed… Continue reading BlackRock Spot Bitcoin ETF
Grayscale BTC ETF Appeal
Grayscale BTC ETF Will Not Appeal SEC Decision Sources familiar with the matter report that the Securities and Exchange Commission will not appeal the recent court order ordering Grayscale Investments to convert its bitcoin trust into an ETF. In August, a federal appeals court judge found that the SEC had arbitrarily rejected crypto advocated’s proposal… Continue reading Grayscale BTC ETF Appeal