What The Drop In Spot And Derivatives Volumes Means For The Price Of Bitcoin
It has been a quiet week of caution for Bitcoin traders in terms of price action. This caution has trickled into trading
Read More
Spot
Binance announces the removal of 57 spot trading bots
Starting Sept. 29, Binance will remove Spot Trading Bots services from trading pairs including AAVE/BNB and ZIL/BNB. The announcement comes amid reports of decreasing Binance trading volumes, likened to regulatory challenges and end of zero-fee commissions. 57 down and potentially more to follow The Spot Trading bot services that were removed are listed
Read More
How a Spot Bitcoin ETF Could Revolutionize Markets Like Gold ETFs Did
Like gold ETFs, a bitcoin ETF would make it significantly easier for a broader range of investors to gain exposure to bitcoin. It eliminates the need for investors to directly buy and store bitcoin. While this difficulty did not discourage early adopters, it can be a complex and daunting process
Read More
Bitcoin Begins Rally As Franklin Templeton Joins Race For BTC Spot ETF
Bitcoin (BTC) has welcomed another noteworthy decision from the global investment firm Franklin Templeton. With a portfolio spanning various financial instruments, the
Read More
Franklin Templeton joins bid for spot Bitcoin ETF
The $1.5 trillion asset manager submitted its own filing to secure regulatory approval for America’s first spot Bitcoin ETF. Franklin Templeton became the latest fund manager to declare interest in listing a spot Bitcoin exchange-traded fund (ETF) following a Sep. 12 filing with the US Securities and Exchange Commission (SEC). The financial
Read More
Franklin Templeton Aims High with Spot Bitcoin ETF Application
Financial giant Franklin Templeton has applied to the SEC for approval to launch a Bitcoin exchange-traded fund (ETF) named the Franklin Bitcoin ETF, with Coinbase as the custodian and trading on the Cboe BZX Exchange. Asset manager Franklin Templeton, a financial giant managing over $1.4 trillion on behalf of its clients,
Read More
Franklin Templeton files for Bitcoin spot ETF
Asset manager Franklin Templeton applied to the United States Securities and Exchange Commission (SEC) on Sept. 12 to launch a Bitcoin (BTC) spot exchange traded fund (ETF). The application comes after the SEC delayed decisions on applications from WisdomTree, Valkyrie, Fidelity, VanEck, Bitwise and Invesco BTC spot ETF applications on
Read More
CBOE filed two requests for first spot Ethereum ETF
The Chicago Board Options Exchange (CBOE) has filed two applications seeking the SEC’s approval for the ARK 21Shares Ethereum ETF and VanEck. The filing of the 19b-4 form is dated Sept. 6. A 19b-4 form is usually presented by self-regulatory organizations, such as the CBOE, asking for a specific requirement from
Read More
Crypto Spot Market Activity Falls to 4.5-Year Low of $475B in August
Volume figures might have been worse had it not been for the brief volatility spike on Aug. 17 and at the end of the month. Bitcoin, the leading cryptocurrency by market value, fell over 10% to $25,000 on Aug. 17, tracking risk aversion in traditional markets. The price briefly rose
Read More
Cathie Wood’s Ark Invest and 21Shares File for Spot Ether ETF
The Delaware Trust Company will act as the trustee of the spot Ether ETF from Ark Invest and 21Shares, while Coinbase will act as the crypto custodian. While the broader crypto market awaits the launch of the Ethereum futures ETF, financial players are gunning for a spot Ether ETF. On
Read More