bitcoin etf

MIT Crypto Professor Gary Gensler Confirmed as New SEC Chairman

<div class=”featured_image_container”> </div> <strong>The U.S. Securities and Exchange Commission (SEC) now has a new chairman, Gary Gensler. President Joe Biden’s pick, the MIT professor, whose classes included blockchain technology, digital currencies, and financial technology, has been confirmed by the Senate to lead the SEC.</strong> SEC Has a New Chairman President Joe Biden’s pick to lead …

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SEC Commissioner: Banning Bitcoin Is Like Shutting Down Internet — Government Would Be ‘Foolish’ to Try

<div class=”featured_image_container”> </div> <strong>SEC Commissioner Hester Peirce compares banning bitcoin to shutting down the internet, stating that governments would be foolish to try. She also offers some insights into whether the SEC will approve a bitcoin exchange-traded fund (ETF) this year.</strong> Governments Would Be Foolish to Try to Ban Bitcoin U.S. Securities and Exchange Commission …

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Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray

<div class=”featured_image_container”> </div> <strong>The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called the “Galaxy Bitcoin ETF.”</strong> Galaxy Digital Wants to Provide a …

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Off to the Races: Kryptoin Re-files Bitcoin ETF Opting to List on Cboe Over Nasdaq

<div class=”featured_image_container”> </div> <strong>On April 9, 2021, the Delaware-based company and sponsor of the “Kryptoin Bitcoin ETF Trust” filed an S1 amendment for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The asset manager re-filed its 2019 ETF application and instead of leveraging NYSE, the company plans to use Cboe …

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Fidelity Applies to Launch Bitcoin ETF Amid Accelerating Institutional Demand for BTC

<div class=”featured_image_container”> </div> <strong>Fidelity has filed with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund (ETF). The ETF will track the price of bitcoin as measured by the performance of the Fidelity Bitcoin Index.</strong> Fidelity Seeks SEC’s Approval Launch a Bitcoin ETF FD Funds Management, a subsidiary of Fidelity, has …

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Bytetree Founder Believes Grayscale Should Lower Its ‘Unrealistically High’ Fee: Warns of Possible ‘Systemic Risk’

<div class=”featured_image_container”> </div> <strong>The founder of Bytetree Asset Management, Charlie Morris, has suggested the reduction of the GBTC management fee as one way Grayscale Investment can ease the current selling pressure and possibly reduce the discount on the shares. Morris says if no action is taken, “the selling pressure will build” and “could morph into …

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SEC has 45 days to respond to VanEck Bitcoin ETF filing

The United States Securities and Exchange Commission now has 45 days to deliver an initial decision on the VanEck Bitcoin (BTC) exchange-traded fund filing having officially published the company’s submission on its website on March 15. Now, the SEC has to approve, decline or extend the review period for the Bitcoin ETF filing within the …

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WisdomTree’s Bitcoin ETF filing joins hopefuls vying for approval

New York-based asset manager WisdomTree has filed for a Bitcoin exchange-traded fund, or ETF, with the U.S. Securities and Exchange Commission. The firm submitted its filing on March 11. It states the WisdomTree Bitcoin Trust would trade on Chicago Board Options Exchange’s BZX platform under the ticker BTCW. The trust would offer a regulated way …

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3 Bitcoin ETFs Have Been Approved in North America

<div class=”featured_image_container”> </div> <strong>There are now three bitcoin exchange-traded funds (ETFs) in North America, all approved within the past month by Canada’s securities regulators. They are currently trading on the Toronto Stock Exchange. The latest approved bitcoin ETF, backed by Mike Novogratz’s Galaxy Digital, began trading Tuesday.</strong> 3 Bitcoin ETFs in Canada Canada’s securities regulators …

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North America’s First Bitcoin ETF Now Holds Over 11,000 BTC

<div class=”featured_image_container”> </div> <strong>The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching from other means of getting cryptocurrency …

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