The approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) is expected to have a significant impact on the institutional adoption of digital assets. Mathew McDermott, the global head of digital assets at Goldman Sachs, believes that these ETFs will unlock opportunities for pensions, insurers, and other institutional investors to enter the crypto market.By creating […]
The approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) is expected to have a significant impact on the institutional adoption of digital assets. Mathew McDermott, the global head of digital assets at Goldman Sachs, believes that these ETFs will unlock opportunities for pensions, insurers, and other institutional investors to enter the crypto market.By creating […]
Major asset management firms, including BlackRock and VanEck, have revised their filings with the U.S. Securities and Exchange Commission (SEC) for spot bitcoin exchange-traded funds (ETFs). This move indicates a potential shift in the regulatory stance towards cryptocurrency investment products. The revised filings outline the arrangements each firm has made with market makers to ensure […]
Bitwise has revealed a $200 million seed fund for its spot Bitcoin ETF, according to an updated S-1 filing. This seed fund is significantly larger than the $10 million seed investment recently announced by BlackRock for its own spot Bitcoin ETF.This development highlights the growing interest and investment in the cryptocurrency market, particularly in Bitcoin. […]
Two heavyweight digital portals in the finance industry, U.Today and Investing.com, have announced an expansion of their collaboration. The partnership aims to provide traders and investors with top-notch content on blockchain, AI, and cryptocurrencies.According to a joint statement, U.Today and Investing.com will continue working together in the content sphere throughout 2024. Investing.com will automatically broadcast […]
Asset managers BlackRock, Valkyrie, and Van Eck have submitted amended S-1 forms to the United States Securities and Exchange Commission (SEC) for the creation of Bitcoin exchange-traded funds (ETFs). The forms were revised on the final day for the SEC to consider them in January 2024.In its revised application, Van Eck stated that authorized participants […]
GameFi, the fusion of gaming and blockchain technology, is on the brink of a transformative year in 2024. Despite previous criticism of lackluster graphics and uninspired gameplay, industry experts are confident that the upcoming wave of GameFi titles will defy expectations and redefine the genre.Mark Long, CEO of Shrapnel, a leading AAA first-person shooter, anticipates […]
BlackRock has updated its spot Bitcoin ETF application with the SEC, naming JP Morgan Securities and Jane Street Capital as authorized participants for share creation and redemption. This move is seen as ironic due to JP Morgan CEO Jamie Dimon’s previous negative comments about Bitcoin, although the firm is involved in blockchain technology. Jane Street […]
ARK Invest has filed its final S-1 amendment for its proposed spot Bitcoin ETF, positioning itself to be considered in the first wave of approvals in January. The Securities and Exchange Commission (SEC) reportedly set a deadline for applicants to file their final amendments by December 29, with the understanding that those who miss the […]
The Zuger Kantonalbank, a Swiss bank, has announced that it is now offering its customers the ability to buy, trade, and securely store the most popular cryptocurrencies within a fully regulated banking environment. This makes it the first cantonal bank to respond to the changing market demand for digital assets. Customers can access this new […]
