Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), has acknowledged the significance of Grayscale’s court victory in the approval of spot Bitcoin exchange-traded funds (ETFs). Despite the SEC’s history of denying similar applications since 2013, Gensler revealed in an interview with CNBC’s Squawk Box that the court’s decision in favor of Grayscale […]
BlackRock CEO Larry Fink has expressed his belief in the value of an Ethereum exchange-traded fund (ETF), sparking speculation that a spot ETH ETF could be the next to trade following the successful launch of spot Bitcoin ETFs. Fink shared his views during an interview on CNBC.Following the approval of a spot Bitcoin ETF, traders […]
Vanguard Group, a prominent American investment management company, is currently under fire for reportedly denying customers’ requests to access and trade Spot Bitcoin ETFs on its platform. This decision has led to a mass exodus of customers, with many choosing to withdraw their funds and close their accounts permanently.The recent approval of Spot Bitcoin ETFs […]
Larry Fink, the CEO of BlackRock, has compared Bitcoin to gold, following the launch of spot Bitcoin ETFs. Despite this, he predicts a limited future for cryptocurrencies as a form of currency. In a discussion with CNBC about digital assets, ETFs, and tokenization, Fink revealed that BlackRock, the world’s largest asset manager, sees potential in […]
The cryptocurrency market has witnessed a significant development with the approval of Bitcoin (BTC) exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). Larry Fink, the CEO of BlackRock and a seasoned veteran in the financial industry, has made noteworthy statements regarding BTC and expressed interest in an Ethereum (ETH) spot ETF.In a […]
Elon Musk, a prominent supporter of Dogecoin (DOGE), has revealed that he still holds a significant amount of the cryptocurrency. His past tweets have been known to influence the value of Dogecoin, at times making it the most popular crypto token in the US, surpassing Bitcoin. Despite this, his recent statement did not significantly affect […]
CoinShares, a leading European crypto asset manager, has made a significant stride into the U.S. market by acquiring the exchange-traded fund (ETF) unit of Valkyrie Investments, a Nashville-based company. This strategic move follows the recent approval of spot bitcoin ETFs by the Securities and Exchange Commission (SEC), including Valkyrie’s Bitcoin Fund (BRRR), which debuted on […]
Ethereum (ETH) is currently at a crucial point, with a potential bullish breakout predicted by esteemed crypto analyst Michaël van de Poppe. In a recent tweet, van de Poppe shared his insights, suggesting that Ethereum was nearing its 2022 low and was likely to gather liquidity at this point.He speculated that if a spot ETF […]
Ethereum (ETH) has seen a significant increase of 11.4%, with whales in the crypto ecosystem playing a major role in this surge. Data from the crypto analytics platform Lookonchain reveals that a whale with the wallet address “0xAA15” withdrew 5,762 ETH, equivalent to approximately $15.06 million, from Binance. This whale has purchased a total of […]
In a significant move, Grayscale has transferred $200 million worth of Bitcoin to Coinbase Prime. This action has sparked speculation about potential ETF redemption activity. The transfer comes as Bitcoin ETFs witness an inflow of $720 million.The adjustment of Grayscale’s holdings via the Coinbase transfer has been a notable event in the cryptocurrency market. This […]
