Asset management firm Empowered Funds has filed to list three Bitcoin Futures Exchange Traded Fund (ETF) products, with the primary advisor being Empowered Funds and sub-advisors being 21Shares and Ark Invest, aiming to attract institutional investors into the crypto market with regulatory oversight.
Ark Invest and 21Shares have filed with the SEC to introduce an Ethereum Futures ETF, while the approval for their collaborative Bitcoin ETF remains pending.
BlackRock, the world's largest asset manager, has filed a proposal to establish a Bitcoin exchange-traded fund (ETF), which could increase mainstream acceptance of Bitcoin investing and open up new investment opportunities if approved by the U.S. Securities and Exchange Commission (SEC).
The US Securities and Exchange Commission is seeing a surge in proposals for crypto ETFs, including spot bitcoin ETFs and ether futures ETFs, which could have significant impacts on the adoption of cryptocurrencies, market moves, and the potential outperformance of various tokens.
A series of Bitcoin Exchange Traded Fund (ETF) applications have been submitted to the SEC, potentially offering investors a more accessible way to invest in cryptocurrency and bridging the gap between traditional finance and digital assets.
Bitcoin prices surged 7% after a federal appeals court ordered the US Securities and Exchange Commission to reconsider its rejection of the Grayscale Bitcoin Trust's bid to convert into an exchange-traded fund (ETF), potentially opening the door for a spot Bitcoin ETF in the US; however, some remain cautious about the optimism surrounding the decision.
ARK Invest CEO Cathie Wood predicts that the market capitalization of cryptocurrencies will increase by over 2,100% in less than seven years, driven by institutional investment and the potential approval of a Bitcoin exchange-traded fund (ETF), with the total crypto market cap potentially reaching $25 trillion by 2030.
A federal appeals court ruling has opened the door for the launch of a spot Bitcoin exchange-traded fund (ETF), with a number of high-profile asset managers potentially being approved to enter the market, leading to increased competition and potential fee reduction for fund managers.
The US Securities and Exchange Commission (SEC) may prepare alternative arguments to reject spot bitcoin exchange-traded-fund (ETF) applications despite a recent court ruling favoring Grayscale's attempt to convert the Grayscale Bitcoin Trust into an ETF, according to German investment bank Berenberg. However, the victory for Grayscale potentially increases the chances of the SEC approving one or more spot bitcoin ETF applications, which could have a significant impact on the crypto industry by providing institutional investors with easier market access.
Bitcoin could potentially experience a significant increase of 10% to 20% if a spot BTC exchange-traded fund (ETF) is approved in the United States, according to analyst DonAlt, who believes the chances of approval are close to 100%.
Former SEC chair Jay Clayton believes that the approval of spot Bitcoin exchange-traded funds (ETFs) is inevitable, as major financial institutions backing BTC investment vehicles represent a shift in how retail investors can access crypto. The SEC has 45 days to approve, deny, or delay ETF applications from 7 major firms.
Bitcoin may experience a bull market if a spot-based Bitcoin exchange-traded fund (ETF) is approved around the time of the next halving, leading to a supply and demand shock in the cryptocurrency market.
Asset managers ARK Invest and 21Shares have applied for regulatory approval for an exchange-traded fund (ETF) that would directly hold ether (ETH), the second largest cryptocurrency, with custody provided by Coinbase Custody Trust Company.
The race for the first spot Ethereum exchange-traded fund (ETF) in the United States has begun, with the Chicago Board Options Exchange filing 19b-4 applications for two Ethereum ETFs, and more filings are expected in the coming days, according to Bloomberg ETF analyst James Seyffart.
A Bitcoin ETF is likely to be approved in the US by the end of 2023, with recent developments indicating increased prospects of approval, potentially revitalizing Bitcoin and lifting the crypto market out of its bearish state.
Institutions have been selling Ethereum in large quantities, with $108 million in sales this year, making it the least loved digital asset among exchange-traded product investors, but the launch of an Ethereum ETF by Cathie Wood's Ark Invest may change this trend.
The market is underestimating the potential impact and value of Spot Bitcoin ETFs, with analysts arguing that approval would lead to significant financial inflows and buying pressure, and that it is a good time to enter the market and start building a crypto portfolio, despite regulatory challenges. Ethereum could also benefit from a futures-based ETF listing, but there is caution about the SEC potentially classifying ETH as a security. Overall, the global crypto adoption is dependent on market maturity, regulatory intervention, and consistent long-term adoption.
Franklin Templeton has filed for a spot bitcoin exchange-traded fund (ETF), which, if approved, would allow everyday investors to easily gain exposure to the price of bitcoin in their brokerage accounts.
The Nasdaq stock exchange has applied to the SEC to list an Ethereum ETF offered by Hashdex, which includes a combination of spot ether holdings and futures contracts, pioneering a new approach to cryptocurrency investment under the regulatory framework.
Nasdaq is aiming to be the first US exchange to list a spot bitcoin ETF, with a focus on the approval process and the importance of a surveillance sharing agreement with a regulated market of significant size.
Defiance ETFs is launching the first-ever fund that sells ultra short-dated options on the Nasdaq 100, aiming to tap into the booming demand for stock investments with an income stream and potentially double the cash flow of rival products.
The introduction of a bitcoin ETF could increase accessibility, liquidity, and institutional adoption, potentially stabilizing prices and attracting capital from mainstream investors, similar to the impact of gold ETFs on the gold market.
Ether (ETH) has experienced a modest increase in price in 2023, but it is still trading significantly below its peak in November 2021, raising questions among investors about the reasons behind the decline and potential catalysts for a reversal. The ongoing legal battle between Ripple and the SEC, as well as regulatory uncertainties surrounding the Ethereum ICO, remain sources of concern. However, positive surprises such as the request for a spot Ether ETF and Ethereum's position to benefit from Bitcoin-related catalysts give hope to investors.
Concordium CEO Lars Seyer Christensen and other experts caution crypto investors to have realistic expectations for the next bull market, stating that it will be different from previous cycles, and not all digital assets will increase in value. Some investors, however, believe that the market is already turning bullish and recommend investing in Bitcoin, Ethereum, and tokens with practical use cases. The approval of a spot Bitcoin exchange-traded fund (ETF) in the US and an improvement in the macroeconomic situation are seen as potential catalysts for the next bull market.
The US Securities and Exchange Commission (SEC) has further delayed the approval of Bitcoin spot ETF applications, setting January 10, 2024, as the final deadline for the Ark/21Shares ETF application, potentially dampening hopes for a spot ETF to be approved by the end of the year.
The approval of a spot bitcoin ETF by the SEC could lead to the approval of a spot ether ETF as well, presenting a potentially greater opportunity for Grayscale's Ethereum Trust due to its larger discount and Ethereum's better upside as a leading platform for Web3 development.
Asset management firm Valkyrie will offer Ether (ETH) futures to US investors through its Bitcoin Strategy exchange-traded fund (ETF), becoming one of the first firms to do so amid pending applications with the SEC, with the fund's name changing to the Valkyrie Bitcoin and Ether Strategy ETF on October 3.
The US Securities and Exchange Commission has further delayed its review of applications for the first Bitcoin exchange-traded fund (ETF) from BlackRock, Invesco, and others, despite having until mid-October to make a decision.
Asset management giant Invesco and Galaxy Digital have partnered to apply for an Ethereum spot exchange-traded fund (ETF), following their joint application for a Bitcoin product earlier this year, marking the fourth Ethereum spot ETF application to be submitted recently.
Ethereum (ETH) futures ETFs are set to potentially launch on October 2nd, with nine different financial firms, including VanEck and Bitwise, planning to issue these ETFs, potentially leading to a busy day in the market.
Spot Bitcoin ETFs are poised to be approved by the U.S. Securities and Exchange Commission, which would streamline institutional adoption of digital assets in the country and bring in fresh capital, as traditional financial institutions like BlackRock, Fidelity, and VanEck apply for spot Bitcoin ETF listings.
Top NASDAQ exchange-traded funds (ETFs) provide diversified exposure to established technology companies and sectors such as consumer discretionary and healthcare, offering investors a solution to mitigate risk and invest in a portfolio of stocks rather than relying on individual companies.
The number of ETFs tied to cryptocurrencies, particularly ether, is expanding rapidly, making it easier for financial professionals to gain exposure to the crypto market, while the launch of ether futures products may indicate optimism for the approval of spot bitcoin products by the SEC.
Three major Ethereum futures exchange-traded funds (ETFs) have been launched by VanEck, ProShares, and Bitwise, causing a spike in the cryptocurrency markets.
The launch of nine new Ethereum futures exchange-traded funds (ETFs) saw underwhelming trading volume of less than $2 million on the first day, with none of the products standing out as a clear winner, indicating that investors may prefer spot ETF products over futures.
The first day of trading for futures-based ether exchange-traded funds (ETFs) was lackluster, with low trading volume compared to previous bitcoin ETF launches. Additionally, Grayscale Investments has filed for approval to convert its Ethereum trust into a spot Ethereum ETF, aiming to offer investors regulated access to crypto. Meanwhile, former FTX exchange boss Sam Bankman-Fried is attempting to prevent certain witnesses from testifying in his fraud trial.
The recent filing for a spot Ethereum exchange-traded fund (ETF) in the United States by ARK Invest marks a turning point in the integration of digital assets into traditional finance, signaling the dawn of institutional liquid staking and the need for regulatory approval for mainstream adoption.