The spot Bitcoin Exchanged-traded Fund (ETF) race is now on, and asset managers like Fidelity and BlackRock are all aiming to be the first Wall Street company to offer the product. However,…
Category: ETF
Here are the Six Prominent Bitcoin Spot ETF Applications Currently Filed With the SEC
A Bitcoin Exchange-Traded Fund (ETF) is an investment vehicle traded publicly. It has the same value are the underlying asset, which is BTC. Proponents of Bitcoin ETFs believe that the technicality around…
SEC Acknowledges BlackRock’s Bitcoin ETF Application, Suggesting Regulatory Review
The US Securities and Exchange Commission (SEC) confirmed receiving the BlackRock application for spot Bitcoin exchange-traded fund (ETF). The acknowledgment by the regulatory agency signals the start of reviewing the proposal. The…
Hot Topics on Crypto Twitter – Coinbase CEO Blasts Apple’s Crypto Clampdown
It was a busy week for the crypto Twitter community. Among the important tweets related to crypto regulations came from the European Parliament. The house wrote that its Economic Committee had struck…
What’s a Bitcoin ETF, and Why Does a Company Like Blackrock Want One?
As the crypto space becomes more popular, many individuals are showing interest in purchasing Bitcoin. However, most people view acquiring BTC from a trading platform as a complex process. That’s because one…
HSBC Unveils Support for Bitcoin and Ethereum ETFs
The Hong Kong and Shanghai Banking Corporation (HSBC) unveiled a support mechanism for Bitcoin and Ethereum exchange-traded funds (ETFs). The bank is facilitating trading of the ETFs within the Hong Kong Stock…