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The crypto world and the U.S. financial sector are eagerly awaiting a decision from the U.S. Securities and Exchange Commission (SEC) regarding the approval of a spot bitcoin exchange-traded fund (ETF). SEC Chair Gary Gensler has taken this opportunity to issue a …
As the Securities and Exchanges Commission (SEC) prepares to approve one or more U.S. spot bitcoin exchange-traded funds (ETFs), potential issuers have revealed a crucial detail about their products: the fee structure. With 13 proposed ETFs awaiting SEC approval, the fees charged …
Word on the street is that a bitcoin ETF will be approved this week, which would mark a milestone for the world’s first cryptocurrency, if only because there has been tremendous media interest in these investable products. Bitcoin already has mainstream attention …
A mysterious transaction involving a significant amount of Bitcoin (BTC) has left the crypto community puzzled. On January 5th, an unidentified crypto wallet sent 27 BTC, worth $1.17 million at the time, to the first-ever Bitcoin address associated with the pseudonymous creator …
of using bitcoin if the cost of transactions becomes too high? This is a concern that critics of bitcoin ETFs have raised. Additionally, there is the question of whether bitcoin ETFs would actually bring in new investors or simply attract existing bitcoin …
Bitcoin (BTC) surged past $47,000 on Monday, reaching its highest level since April 2022. The cryptocurrency experienced a sharp rise from $43,200 during the Asian trading session to a fresh 19-month high of $47,192 during the U.S. trading session, according to indices …
Investors poured over $2 billion into digital-asset investment exchange-traded products (ETPs) in 2023, making it the third-largest year for net inflows dating back to 2017, according to data provided by CoinShares. This surge in investment represents more than double the inflows seen …
Almost a decade after the infamous hack that led to the loss of 850,000 bitcoins from the Mt. Gox crypto exchange, customers are finally starting to receive repayments. The stolen bitcoins, now valued at around $36 billion, have been a long-standing issue …
Metis (METIS), the native cryptocurrency of layer 2 network Metis, experienced a significant surge of up to 50% in the past 24 hours. However, the token later retraced some of its gains. The surge in price was attributed to a previously announced …
Grayscale Investments, the company that applied to convert its Bitcoin Trust (GBTC) into a U.S. spot exchange-traded fund (ETF), has announced that Barry Silbert has resigned as chairman. Mark Shifke, the chief financial officer of Digital Currency Group (DCG), will take over …