BlackRock has requested the US Securities and Exchange Commission (SEC) to invest in its proprietary Bitcoin exchange-traded funds (ETFs) alongside funds from rivals into its Global Allocation Fund. The recent update by…
Category: ETF
Advantages and Disadvantages of Investing in Bitcoin ETFs
The growing interest in crypto investments signals a massive shift in the financial world. Crypto assets like Bitcoin and Ethereum have continued to attract significant appeal because of their potential to generate…
This Week in Crypto – BTC Loses Steam as ETH Steals the Show
After experiencing a fantastic rally over the past few weeks, Bitcoin has cooled down, posting modest gains of 0.21% to trade at $51,692 as of this writing. Massive capital has entered the…
CFTC Chief Considers Bitcoin ETFs Approval Vulnerable to Misinterpretation as Firm Crypto Regulations
The Commodity Futures Trading Commission (CFTC) chief Rostin Behnam reflected on the regulatory context following the approval of the spot Bitcoin exchange-traded funds (ETFs). The CFTC chair acknowledged that cash market regulation…
Deribit Executive Reports Increase in Bitcoin Futures Open Interest as Chicago Mercantile Exchange Suffer Decline
In a recent disclosure, Deribit chief commercial executive Luuk Strijers identifies several market movements behind the decline witnessed on the Chicago Mercantile Exchange (CME) for Bitcoin futures open interest. CME Suffer $1…
Bitcoin Remains Steady Amid Strong US GDP Reporting
Bitcoin portrayed steady performance on Thursday, January 25, morning, following the revelation of 3.3% gross domestic product growth by the US in the fourth quarter. The fourth quarter growth triumphed over modest…
JPMorgan Reports Bitcoin Downtrend Momentum Subsides as GBTC Profit-taking Concludes
Analysts from American investment bank JPMorgan project the downtrend momentum experienced by Bitcoin to slow as investors conclude the GBTC profit taking. The analysts observed that profit-taking decisions by investors within the…
Bitcoin ETFs Pull Billions as Crypto Stocks Take a Beating
Bitcoin’s Downtrend Causes Crypto Stocks to Fall Stocks that give traditional investors exposure to Bitcoin have continued trending down as the price of the largest crypto asset by market capitalization plunges following…
Crypto.com Reports Global Crypto User Base Surged Above 500M Individuals in 2023
Crypto.com, in its recent publication, reveals that the global crypto user count grew to 580 million individuals last year. The market sizing report indicates that over half a billion individuals became crypto…
SEC Approves Listing of Spot Bitcoin ETF on Cboe and Nasdaq
An analyst claims that options are ‘the next rational step’ for Bitcoin exchange-traded fund trading and might start by the end of next month. On January 19, the U.S. Securities and Exchange…
Brazilian Stock Exchange Extends Trading Hours, Giving Crypto ETFs a Boost
B3, a popular Brazilian stock exchange, is launching night trading sessions soon. Per the company’s announcement, released over the weekend, the trading hours will be pushed to 9:45 PM local time. The…