The US Securities and Exchange Commission (SEC) has given the green light for the launch of 11 spot Bitcoin exchange-traded funds (ETFs). This landmark decision comes after a decade of unsuccessful applications and is anticipated to trigger a surge of institutional investment.The approved spot Bitcoin ETFs are from issuers including BlackRock, Ark Invest, Grayscale, VanEck, […]
For months, nearly a dozen providers have been awaiting the green light from the U.S. Securities and Exchange Commission (SEC) to launch the first spot-based Bitcoin ETF. Today, the wait is over. The SEC has approved all pending Bitcoin ETF applications, paving the way for exposure to a very broad investor base.Crypto product providers have […]
The U.S. Securities and Exchange Commission (SEC) has given the green light to the country’s first regulated spot Bitcoin exchange-traded funds (ETFs). This landmark decision comes a day after a false announcement from the SEC’s official Twitter account caused market turmoil.On January 10, the SEC approved the 19b-4 applications from ARK 21Shares, Invesco Galaxy, VanEck, […]
The US Securities and Exchange Commission (SEC) has given the green light for the launch of 11 spot Bitcoin exchange-traded funds (ETFs). This landmark decision comes after a decade of unsuccessful applications and is set to usher in a surge of institutional investment.In 2013, the Winklevoss twins were the pioneers in filing with the SEC […]
The trading of Spot Bitcoin ETFs is set to commence tomorrow, following the anticipated approval of these investment products by the US Securities and Exchange Commission (SEC). The Chicago Board Options Exchange (CBOE) has confirmed that six out of the eleven pending ETFs will start trading on Thursday. These include the Invesco Galaxy Bitcoin ETF […]
In a significant development that is set to redefine the cryptocurrency investment landscape, the United States Securities and Exchange Commission (SEC) has approved spot Bitcoin ETFs applications from the world’s largest asset managers. This decision comes after months of anticipation and careful evaluation by the SEC, marking a crucial milestone for the cryptocurrency industry.The approval […]
The United States Securities and Exchange Commission (SEC) has announced that it is working in conjunction with the Federal Bureau of Investigation (FBI) to probe a tweet that was issued from its X account on January 9.In a statement released on January 10, the SEC clarified that the tweet from January 9, which claimed that […]
Asia is leading the way in global wealth shift, with a forecasted growth in financial assets in the coming years. HSBC predicts that by 2025, Asia excluding Japan will surpass the US in financial wealth. The number of Asian millionaires outside Japan and China is expected to more than double by 2030. In India, the […]
LGT Wealth Management has made a significant announcement, introducing 11 new partners to the firm. This development follows a year of successful growth for the company, which included the acquisition of abrdn Capital.The new partners are Alice Gerry, Andrew Archer, Daniel Fresnais, Esther Clark, Henry Wilson, Robert Hardy, Scott Prout, Caroline Tye, Laurence Gagen, Matthew […]
Ripple Labs has fortified its position as a key influencer in the digital finance world by sponsoring the Euro 2024 Digital Conference, thereby establishing strategic connections. The Digital Euro Association (DEA) has recognized Ripple Labs as the main sponsor for the #DEC24 event, placing the fintech company alongside Ernst & Young, one of the “Big […]
