SEC Strikes Back in Grayscale Suit Over GBTC ETF Conversion
The SEC is holding firm that its decision to reject Grayscale's bitcoin ETF bid was proper. Source
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ETF
Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC
Bitcoin (BTC) stayed undecided on Nov. 24 as one trader reinforced a $12,000 BTC price target.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price "main target" for bottom $12,000-$14,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $16,500 as an eerie calm continued on the market.The pair nonetheless failed to
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Approving a spot crypto ETF is ‘all about political power’ — Perianne Boring
Perianne Boring, founder and CEO of blockchain advocacy group Chamber of Digital Commerce, placed the lack of approval of a Bitcoin exchange-traded fund in the United States squarely on Securities and Exchange Commission chair Gary Gensler, suggesting politics played more of a role than economics.Speaking to Cryptox at the Texas
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SEC pushes deadline to decide on ARK 21Shares spot Bitcoin ETF to January 2023
The United States Securities and Exchange Commission, or SEC, has extended its window to decide on whether shares of ARK 21Shares’ Bitcoin exchange-traded fund could be listed on the Chicago Board Options Exchange BZX Exchange.In a Nov. 15 announcement, the SEC issued a notice for a longer designation period for
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Rivals steadfast even as two Aussie crypto ETF providers bail
Two digital asset exchange-traded fund (ETF) issuers in Australia are set to leave the market amid heightened regulator scrutiny and a deepened crypto winter, though some remain bullish about the market's prospects.In the last week, Australian crypto ETF providers including Holon Investments and Cosmos Asset Management have indicated they may
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Vitalik Buterin ‘kinda happy’ with ETF delays, backs maturity over attention
The co-founder of Ethereum (ETH), Vitalik Buterin, believes that the crypto ecosystem needs to mature and be in tune with the regulatory policies that allow crypto projects to operate internally freely.Sharing his opinion around crypto regulations, Buterin spoke against the regulations that have an impact on the inner workings of
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Crypto Dominates the Worst ETF Debuts: FT
The five funds were all linked to the performance of crypto or blockchain. The worst performer was France-based Melanion BTC Equities Universe fund, which invests in companies such as bitcoin miners Marathon Digital Holdings (MARA) and Riot Blockchain (RIOT). The fund, which launched October 2021, has seen its value slide
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Cathie Wood’s ARK Fintech Innovation ETF Buys More Coinbase
Both Wood and ARK generally remain quite bullish on Coinbase and crypto in general. 13F filings show that ARK has 7.7 million shares of COIN, and added around 2 million shares to its holdings throughout the last year. Filings show that throughout all of ARK’s buys of COIN, it has
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A Year After Debut, ProShares Bitcoin ETF Has Underperformed Market By 1.8%
Since its debut, the long BTC futures-based ETF has underperformed bitcoin by 1.79%, according to data tracked by Arcane Research. In other words, the ETF, trading under the ticker BITO on NYSE, has bled slightly more than bitcoin, which has declined nearly 70% since the fund's launch date of Oct
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Google and Coinbase strike a deal, BNY Mellon begins crypto custody and WisdomTree’s Bitcoin ETF gets denied: Hodler’s Digest, Oct. 9-15
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph
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