Galaxy Digital and Invesco Bitcoin Spot ETF Join BlackRock On The DTCC
In a recent development, another proposed Spot Bitcoin ETF has been listed on the Depository Trust and Clearing Corporation’s (DTCC) website, becoming
Read MoreIn a recent development, another proposed Spot Bitcoin ETF has been listed on the Depository Trust and Clearing Corporation’s (DTCC) website, becoming
Read MoreThe ticker for Invesco and Galaxy's spot Bitcoin (BTC) exchange-traded fund (ETF) — BTCO — has appeared on the Depository Trust and Clearing Corporation’s (DTCC) website. Invesco's Galaxy spot Bitcoin ETF product is listed on the DTCC's site. Source: DTCCAccording to web archiver WayBack Machine, no listing under the ticker BTCO
Read MoreAsset managers keep pursuing digital asset products, as Invesco and Galaxy Digital allegedly filed for a spot Ethereum (ETH) exchange-traded fund (ETF) on Sept. 29. Bloomberg ETF analyst James Seyffart disclosed the filing on X (formerly Twitter), even though the application hasn’t been uploaded to the SEC’s public database at the
Read MoreEric Balchuna claims that by the end of 2024, there is a 95% chance that a spot Bitcoin ETF will be approved, up from a 75% likelihood this year. The United States Securities and Exchange Commission (SEC) has once again postponed its decision on multiple proposals for spot Bitcoin exchange-traded funds
Read MoreThe United States securities regulator has delayed the decision on several spot Bitcoin exchange-traded fund (ETF) proposals, including BlackRock, ahead of an anticipated government shutdown. Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the Securities Exchange Commission in separate Sept. 28 filings.Bloomberg ETF analyst James
Read MoreJudge Neomi Rao, writing for the unanimous court, said the SEC's denial of the application was inconsistent with the approval of a pair of bitcoin futures ETFs, and did not explain why it viewed these types of products differently given the underlying bitcoin market had a "99.9% correlation" between spot
Read MoreThe United States Securities and Exchange Commission (SEC) has postponed its decisions on 3 applications for spot Bitcoin (BTC) exchange-traded funds, or ETFs. According to SEC filings dated Aug. 31, the commission has designated a longer period in which it may review spot Bitcoin ETF applications from WisdomTree, Invesco, and Valkyrie.
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Invesco, an investment management organization overseeing assets worth $1.49 trillion, recently filed a new application for a spot bitcoin exchange-traded fund (ETF). The move follows Invesco’s initial joint application with Galaxy Digital in 2021. The latest filing
Read MoreI, for one, don’t think that BlackRock would apply for this spot bitcoin ETF if it didn’t think that it, arguably the most powerful company on Wall Street, could get it approved. If I had my tinfoil hat on, then maybe there is a secret plot to make bitcoin look
Read MoreSummary: Bitcoin neared double-digit gain in the past 24 hours following ETF applications from giant TradFi players like BlackRock.BTC traded above $28,800 on Monday, over 7% up in the past 1 day per data from TradingView and CMC.$8 trillion asset manager BlackRock filed a Bitcoin ETF with the SEC galvanizing
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