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SEC To Approve Bitcoin ETF Soon, Says Former Chairman
Friday, September 1, 2023 - 2:10pm | 524Former SEC Chairman Jay Clayton believes the U.S. will eventually greenlight a spot Bitcoin ETF. What Happened: In an interview with CNBC on Friday, Clayton stated, “Approval is inevitable.” He highlighted the existing scenario where retail investors can trade a Bitcoin futures...
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Cathie Wood's ARK Invest And 21Shares File For Bitcoin, Ethereum Futures ETFs
Friday, August 25, 2023 - 10:40am | 752ARK Invest, led by Cathie Wood, in collaboration with 21Shares, has submitted applications for two futures exchange-traded fund (ETF) products centered on Ether (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC). This move places them among a growing number of firms eager to introduce similar offerings....
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SEC Kickstarts Approval Process For Spot Bitcoin ETFs: BlackRock, Fidelity Among Applicants
Wednesday, July 19, 2023 - 2:23pm | 490The U.S. Securities and Exchange Commission (SEC) is set to initiate the approval process for Spot Bitcoin ETFs, with eight different applicants listed on the federal register. The SEC has also invited public feedback through a document released last week. Leading asset management firms, BlackRock...
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What Are Your Thoughts On Bitcoin ETFs? SEC Wants Feedback On BlackRock, ARK Invest
Monday, July 17, 2023 - 8:54am | 398The U.S. Securities and Exchange Commission (SEC) recently released documents calling for public input on five Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) applications. "We encourage the public to submit comments on the following Cboe BZX Exchange, Inc. filings during the comment period...
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Spot Bitcoin ETF Applications From BlackRock, Fidelity And Others Gain Traction With SEC
Friday, July 14, 2023 - 3:05pm | 541In a significant development for the cryptocurrency sector, the U.S. Securities and Exchange Commission (SEC) recognized the spot Bitcoin (CRYPTO: BTC) ETF applications from several major firms, including Fidelity, VanEck, WisdomTree, Invesco and BlackRock Inc (NYSE: BLK). This...
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Bitcoin ETF In The US? VanEck's Boss Says 'Forget It'
Friday, May 19, 2023 - 3:35pm | 487Jan Van Eck, the CEO of VanEck, an investment management firm, has predicted a bleak future for the launch of a Bitcoin-spot exchange-traded fund (ETF) in the United States, dismissing any near-term chances of approval. He expressed this sentiment during a discussion at the ongoing Bitcoin...
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Here's How Much $100 In Bitcoin Could Be Worth If BTC Returns To All-Time Highs
Saturday, February 4, 2023 - 4:37pm | 564Apex cryptocurrency Bitcoin (CRYPTO: BTC) remains the most valuable in the world with a market capitalization of $450 billion, more than double that of second place Ethereum. Despite the high valuation, Bitcoin is still down from all-time highs set in November 2021. Here’s a look at what a...
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Bitcoin Crashing To $10,000 And More: VanEck's Top 2023 Crypto Predictions
Wednesday, December 14, 2022 - 10:23am | 575VanEck, the New York-based investment group, has released its long-term cryptocurrency outlook for 2023, echoing the sentiments of many industry analysts. What Happened: As the crypto industry continues to evolve and develop, VanEck has identified its top predictions for 2023. Bitcoin...
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Third Time Was Not The Charm: SEC Postpones VanEck's Bitcoin ETF Decision For 6 Weeks
Monday, August 29, 2022 - 4:37pm | 419According to Decrypt, VanEck, a New York-based asset management company, is compelled (for the third time) to wait for the SEC's decision on its most recent application for a Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). VanEck submitted its most recent spot Bitcoin ETF application on June...
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VanEck Gets In NFT Game With An Alexander Hamilton Twist: How You Can Get One
Tuesday, May 3, 2022 - 11:43am | 496Global asset manager VanEck announced the launch of a new non-fungible token collection. Here are the details. What Happened: VanEck is launching VanEck Community NFTs, a collection of 1,000 non-fungible tokens that will provide exclusive and early access to events and research. The NFTs will be...
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Here's How Much $100 In Bitcoin Could Be Worth If BTC Returns To All-Time Highs
Saturday, April 2, 2022 - 5:40pm | 465Apex cryptocurrency Bitcoin remains the most valuable in the world with a market capitalization of $879 billion, more than double that of second place Ethereum. Despite the high valuation, Bitcoin is still down from all-time highs set in November 2021. Here’s a look at what a return to...
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How Each Bitcoin Could Be Worth $4.8M, According To This Asset Management Firm
Friday, April 1, 2022 - 10:10am | 543Asset management company VanEck said Bitcoin (CRYPTO: BTC) could touch $4.8 million should the digital asset emerge as a global reserve currency. What Happened: “Money has changed” in the wake of sanctions on Russia’s central bank, said VanEck analysts Eric Fine and...
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Another One Bites The Dust: SEC Rejects WisdomTree's Bitcoin ETF Application
Thursday, December 2, 2021 - 4:30pm | 349The U.S. Securities and Exchange Commission (SEC) has denied yet another Bitcoin (CRYPTO: BTC) spot market exchange-traded fund (ETF) application, after approving multiple Bitcoin futures-based ETF applications. What Happened: Bloomberg Intelligence ETF analyst James Seyffart wrote in a Thursday...
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Fintech Focus For June 24, 2021
Wednesday, June 23, 2021 - 6:01pm | 2260Quote To Start The Day: “Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we.” Source: President George W. Bush One Big Thing In Fintech: The COVID-19 pandemic accelerated acceptance of...
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Fintech Focus For June 18, 2021
Thursday, June 17, 2021 - 7:26pm | 2110Quote To Start The Day: "A man is but what he knows.” Source: Sir Francis Bacon One Big Thing In Fintech: At the end of May, the total market capitalization of stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion. But in recent weeks, lawmakers...