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September 20, 2024 at 3:58 PM. (Reuters) -The U.S. Securities and Exchange Commission has approved listing and trading of options for asset manager BlackRock's spot bitcoin exchange-traded fund on ...
SINGAPORE/LONDON (Reuters) -Bitcoin held near 21-month highs on Thursday after U.S. regulators approved a spot bitcoin exchange traded fund (ETF), while the second-biggest cryptocurrency ether ...
The SEC's approval of Bitcoin ETFs is a bullish outcome for the long term. What happens in the short term is much harder to predict. Bitcoin goes public: What the ETF victory means and what comes next
A handful of hedge funds made a winning bet on approval of a spot bitcoin exchange-traded fund (ETF) by investing in the Grayscale Bitcoin Trust (GBTC) well ahead of regulatory sign off, according ...
As proof of success, market watchers pointed out that $4.6 billion worth of Bitcoin ETF shares changed hands, suggesting demand for the product was both broad and deep.
In October 2021, the first bitcoin futures exchange-traded fund (ETF), called BITO, from ProShares was approved by the SEC and listed on the CME. [48] In May and June 2022, the bitcoin price fell following the collapses of TerraUSD, a stablecoin, [49] and the Celsius Network, a cryptocurrency loan company. [50] [51]
U.S. SEC officials met on Thursday with representatives of at least seven companies hoping to launch exchange-traded funds (ETFs) tied to spot bitcoin early in 2024, and told at least two to ...
The SEC has so far denied all spot bitcoin ETF applications, citing potential for fraud, but market participants have been hopeful of an approval early next year. BlackRock, the world's largest ...