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Mike Novogratz, Galaxy Digital CEO, opined that Bitcoin could swiftly race above its 2021 all-time high once the SEC greenlights spot BTC ETFs. Bitcoin (BTC) proponent Mike Novogratz predicts a return to all-time highs (ATH) followed by exponential growth for crypto’s king token after the U.S. Securities and Exchange Commission (SEC)
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The United States Securities and Exchange Commission (SEC) called on the public to comment on a proposed rule change that could allow asset management firm Fidelity to offer shares of its spot Ether exchange-traded fund, or ETF.In a Nov. 30 notice, the SEC said “interested persons” may comment on the
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Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), is updating the trust’s agreement for the first time since 2018, according to a Wednesday filing. The aim is to optimize GBTC’s structure for an anticipated change to a spot bitcoin ETF and level the playing field when it comes to
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Novogratz is not the only expert who expects Bitcoin price to skyrocket soon. One of the main reasons is that long-term holders are not selling off their positions According to Michael Novogratz, founder of digital asset management company Galaxy Digital, things may soon change for other stores of value like gold
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“Investor demand for BITO remains strong, as shown by the ETF reaching a new high in assets under management,” Simeon Hyman, global investment strategist at ProShares, said in a statement to CryptoX. “We believe this speaks to the demand for a familiar, accessible and regulated way to target the returns
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Bitcoin (BTC) may hit $100,000 in one year’s time thanks to “earlier than expected” exchange-traded funds (ETF) launching, says Standard Chartered.In a research note issued on Nov. 28 quoted by sources including Business Insider, the banking giant doubled down on its bullish BTC price targets.Standard Chartered still expects six-figure BTC
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Pando has named the Bank of New York Mellon as the official administrator of the ETF. Swiss asset management company Pando Asset has joined the race for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States. On November 29, the company filed with the country’s Securities and Exchange Commission (SEC),
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Swiss asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin (BTC) exchange-traded fund (ETF) race in the United States.On the same day, investment giant BlackRock met with the country’s securities regulator to pitch an updated ETF model based on the agency’s feedback.On Nov. 29, Pando
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Swiss asset manager Pando Asset seeks SEC approval for a spot Bitcoin ETF, a step towards integrating crypto into mainstream finance. Swiss asset manager Pando Asset has filed for approval of a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). The proposed Pando Asset Spot Bitcoin Trust, if
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Bitcoin (BTC), the leading cryptocurrency, is currently in an upward accumulation phase, inching closer to surpassing its current yearly high of $38,390. This
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