Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
Despite approving a number of Bitcoin futures application last month, the SEC has rejected VanEck’s latest application for a Bitcoin spot ETF.
Since its launch on October 19, Bitcoin ETF has been a popular choice among investors, emerging to the top 2% in terms of the total trading volume.
US lawmakers ask why the SEC have approved two futures-based Bitcoin ETFs but still refuses to approve a spot-based ETF,
Two days after Valkyrie Investments filed to offer a 1.25x leveraged Bitcoin futures ETF, the US regulator signaled that it intends to approve only unleveraged funds tied to Bitcoin.
Strategists at JPMorgan have deemed inflation as the main driver that induced Bitcoin prices to shoot up to a staggering $67,000 instead of Bitcoin Futures ETFs.
Could BITO’s unprecedented popularity prompt the Securities and Exchange Commission (SEC) to speed up the approval of funds that hold Bitcoin directly?
VanEck will become the second crypto ETF in the US as it is slated to begin trading under the XBTF ticker from next week.
While some praise the SEC for coming good on a Bitcoin ETF, others say the agency has shown favoritism which is not within their remit as a regulator.
The first-ever Bitcoin Futures ETF has successfully jumped 4.8% higher and has closed at a striking price of $41.84.
