Wednesday, December 18, 2024
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Valkyrie’s McClurg expects spot Bitcoin ETF approval in November 2023

Steven McClurg, co-founder of Valkyrie Investments, believes the U.S. Securities and Exchange Commission (SEC) will approve multiple spot Bitcoin exchange-traded fund (ETF) applications in November 2023.  In his assessment, firms have addressed all the issues of market manipulation raised by the regulator.  By McClurg’s estimation, the regulator may send another round of comments

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XRP Hits $0.6 In Unstoppable Surge: How High Can It Go This November?

XRP, the native cryptocurrency of the Ripple network, reached a significant milestone as it soared to the crucial psychological level of $0.60, marking its highest value since the mid-August market crash.  In financial terms, psychological levels are key price points where traders and investors have historically shown heightened interest, often leading

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SEC to Possibly Reevaluate Grayscale Spot Bitcoin Application at November 2 Closed Meeting

Experts continue to speculate on what the SEC’s next course of action regarding crypto-based ETF applications could be. The United States Securities and Exchange Commission (SEC) appears to be gearing up to reexamine Grayscale’s application to convert its Bitcoin trust into a spot exchange-traded fund (ETF). This comes after a recent

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