Spot Bitcoin ETFs topped $4.5 billion in volume on the first day of trading, but one of the issuers clarified it hasn’t yet made the cut.
Crypto firms predict ETFs will unleash demand for Bitcoin-tied solutions, accelerating innovation in the Bitcoin ecosystem.
Markets react positively to the first trading day for spot BTC ETFs, with Bitcoin rallying to nearly $49,000 and ETH hitting a 12-month high.
As many expect SEC approval of a spot Bitcoin exchange-traded product to be incoming, the commission’s chair warned crypto investments can be “exceptionally risky” and “volatile.”
Despite tight macroeconomic conditions and headwinds in the crypto industry, Bitcoin is up more than 160% in 2023, fueled by the excitement over ETF proposals.
Watch out for BlackRock's updates on its Bitcoin ETF application, the high demand for El Salvador's crypto-tied citizenship, and Sam Bankman-Fried's attorney interview.
Spot Bitcoin ETFs could trigger unwanted consequences for crypto exchanges like Coinbase due to lower transaction fees, according to ETF analysts.
The SEC is pushing Bitcoin ETF issuers down the cash create route for creation and redemptions, but BlackRock has other ideas.
The United States SEC and Fidelity met to discuss Fidelity’s Wise Origin Bitcoin Trust application, reviewing diagrams and the operational functionality of the product.
Ethereum price is up today as network revenue skyrockets and ETH clears the $2,300 resistance.
