Cryptocurrency Analysis and News Portal
The prospect of a spot Bitcoin (BTC) exchange-traded fund (ETF) being approved soon in the United States has increased demand for the major cryptocurrency, leading to a surge in transaction fees.The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16 according to statistics from CryptoFees. At the time
Read More
BlackRock has joined the Ethereum Spot ETF race as the asset management company has officially applied to the US SEC and is
Read More
BitGo CEO Mike Belshe said it's "quite likely" the Securities and Exchange Commission (SEC) will reject a series of spot bitcoin ETF applications despite industrywide optimism. Source
Read More
The global exchange-traded fund (ETF) provider WisdomTree filed an amended S-1 form spot Bitcoin (BTC) ETF prospectus with the United States Securities and Exchange Commission (SEC) on Nov. 16.The update comes a few months after WisdomTree refiled its spot Bitcoin ETF application in June 2023, proposing a rule change to list and trade
Read More
According to Bloomberg analyst James Seyffart, who covers ETFs and the broader industry, no indication of a delay order for the Franklin Bitcoin ETF filing is evident. The deadline for an answer is tomorrow, Nov. 17, the same as Hashdex, according to the Nov. 16 post on X. Adding suspense In a separate
Read More
CoinShares has announced an option to potentially acquire Valkyrie Funds, signaling a strategic move to extend its footprint in the U.S. cryptocurrency ETF landscape, pending regulatory approvals. CoinShares, a renowned name in cryptocurrency investments, has recently announced its plan to potentially acquire Valkyrie Funds, an investment advisory business specializing in crypto
Read More
European digital asset management firm CoinShares secured the exclusive option to acquire the exchange-traded fund (ETF) unit of its United States competitor Valkyrie Investments, including the Valkyrie Bitcoin Fund that’s awaiting approval in the U.S.CoinShares said on Nov. 17 that the move helps it expand to the U.S., which could
Read More
The option, which expires at the end of March, gives the company a foothold in the U.S. ETF market as speculation whirls around the approval of a spot bitcoin product. Source
Read More
Per the S-1 filing submitted to the SEC, the iShares Ethereum Trust is designed to reflect the performance of the Ethereum. BlackRock Inc (NYSE: BLK), a top investment asset management firm, has filed for a spot Ethereum Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). This
Read More
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 16, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Read More