Spot Bitcoin ETF

Leading brokerage firm Charles Schwab Corporation (NYSE: SCHW) is reportedly on the verge of launching a spot Bitcoin exchange-traded fund (ETF), a move with potentially significant implications for both retail investors and the broader financial landscape. Simplifying Entry, Mitigating Concerns:...

In a significant development for the cryptocurrency market in Hong Kong, Harvest Fund has officially applied to the first-ever Bitcoin (CRYPTO: BTC) spot Exchange Traded Fund (ETF) with the Hong Kong Securities and Futures Commission (SFC). Why It Matters: The submission of this application by...

Equity research firm Oppenheimer on Friday upgraded Coinbase Global (NASDAQ: COIN) to an Outperform rating, setting a price target of $160.00. The report's upbeat stance is partly driven by the ongoing legal scenario involving Coinbase and the SEC. Oppenheimer analysts...

The Grayscale Bitcoin Trust (OTC: GBTC) has likely experienced the majority of its profit-taking, suggesting a potential reduction in downward pressure on Bitcoin (CRYPTO: BTC) prices. What Happened: JPMorgan (NYSE: JPM) analysts, led by market strategy managing director Nikolaos Panigirtzoglou,...

The cryptocurrency landscape is buzzing with discussions about the future of exchange-traded funds (ETFs), particularly for XRP (CRYPTO: XRP), in the wake of financial giant BlackRock's decision to reportedly refrain from launching a spot XRP ETF. This cautious move, reported by Fox News'...

Ark Invest founder Cathie Wood defied the major sell-off of Bitcoin (CRYPTO: BTC), saying the world's largest digital currency is one of the most significant investments of our time. In a CNBC interview on Wednesday, she emphasized Bitcoin's role in shaping a...

Bitcoin's (CRYPTO: BTC) plunge below the $39,000 mark signifies a downturn in market value. Several crypto industry stalwarts, however, deem the correction as healthy. What Happened: "We have needed a correction since the recent pump in price for BTC," Anthony Bevan, CEO of...

The Securities and Exchange Commission (SEC) on Monday revealed that a fake tweet sent from the agency's official account on Jan. 9, which falsely announced the approval of spot Bitcoin (CRYPTO: BTC) ETFs, was the result of a "SIM swap" attack. The erroneous tweet, released just...

Since Grayscale Bitcoin Trust (OTC: GBTC) was transformed into an exchange-traded fund (ETF) earlier this month, $1 billion of the $2 billion in outflows were offloaded by FTX's bankruptcy estate.  What Happened: According to data reviewed by Coindesk, FTX offloaded 22...

Cryptocurrency investors appear unhappy with the decision by Vanguard, a leading asset management firm, to block its clients from accessing the recently approved spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). This move, following the U.S. SEC green light for these ETFs on...

The U.S. Securities and Exchange Commission (SEC) has opened the floor for public input regarding a Nasdaq proposal, which seeks to enable options trading on BlackRock's (NYSE: BLK) spot Bitcoin (CRYPTO: BTC) ETF. The public comment period, set to last for 21 days, was announced through a...

A JPMorgan Chase and Co (NYSE: JPM) report sees Grayscale Bitcoin Trust (OTC: GBTC) investors who bought GBTC at a discount pre-ETF approval taking full profits, rather than shifting to cheaper spot Bitcoin ETFs. JPMorgan Warns Of $1.5 Billion More Outflows In a research note ...

The anticipated Bitcoin (CRYPTO: BTC) halving event, set for April 2024, is generating a mix of optimistic and pessimistic predictions regarding its impact on apex crypto's prices. What Happened: The Bitcoin halving happens every four years, wherein the Bitcoin miners’ rewards are...

Macro investor Raoul Pal is predicting "life-changing wealth creation" in the crypto space over the next few years. "This crypto opportunity is literally the perfect macro opportunity of a lifetime," he said Thursday. "It's a very high probabilistic outcome that...

In an intriguing shift within the spot Bitcoin (CRYPTO: BTC) ETF market, the group of ETFs experienced a net outflow of $41.1 million on day three, signaling a cautious stance from investors in certain funds while others gained traction. Grayscale Bitcoin Trust (OTC: GBTC) bore the...