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.
The US Court of Appeals has once again postponed a decision on Grayscale's Spot Bitcoin ETF case, causing confusion within the community, with the verdict now expected on August 29th; analysts believe that the approval of the Bitcoin ETF could bring in new investors and boost the prices of Bitcoin and other cryptocurrencies.
The SEC is facing deadlines to decide on seven new Bitcoin spot ETF applications, with analysts stating that the best-case scenario is approval, but the SEC may also exercise its right to appeal.
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.
Bloomberg ETF analysts have increased the probability of an approved spot Bitcoin ETF by the end of 2023 to 75% following a recent Grayscale victory against the SEC, with approvals estimated to reach 95% by Q4 2024, making a denial politically untenable.
Digital asset management firm Grayscale expects the U.S. Securities and Exchange Commission (SEC) to approve a bitcoin spot exchange traded fund (ETF) following a recent court ruling in favor of the company.
The US Securities and Exchange Commission (SEC) has postponed its decision on three Bitcoin exchange-traded fund (ETF) applications from WisdomTree, Invesco, and Valkyrie, with new deadlines set for October.
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on spot bitcoin ETF applications until October, causing a 4.1% drop in bitcoin's value.
The United States Securities and Exchange Commission (SEC) has delayed BlackRock's application for a Bitcoin exchange-traded fund (ETF), pushing the decision deadline to October 17th.
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.
The Securities and Exchange Commission (SEC) is more likely to approve spot bitcoin ETF applications following a federal court ruling that highlighted the regulator's arbitrary treatment of similar products, potentially leading to the withdrawal of approval for futures-based bitcoin ETFs. However, while the approval of spot bitcoin ETFs may be closer, it is unlikely to have a significant impact on the crypto market.
ARK Investment Management and 21Shares have proposed an investment vehicle called the ARK 21Shares Ethereum ETF, which aims to provide exposure to Ether and is currently under review by the SEC.
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.
The approval of a Bitcoin exchange-traded fund is likely to be delayed for years if the US Securities and Exchange Commission takes a hard stance on the matter.
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.
The US SEC is considering applications for spot crypto ETFs from Franklin Templeton and Hashdex, but there are delays in approving VanEck's and ARK's ether ETF applications.
The launch of Ethereum futures ETFs in the U.S. may be expedited due to the possibility of a government shutdown, with analysts suggesting that trading could begin as early as next week.
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.
The U.S. Securities and Exchange Commission has once again postponed its decision on four Bitcoin exchange-traded funds (ETFs), citing an impending government shutdown as the reason for the delay.
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.
Former BlackRock managing director Steven Schoenfield predicts that the U.S. Securities and Exchange Commission (SEC) will approve a Bitcoin spot ETF within three to six months, and believes that a potential approval could lead to a significant inflow of $150 to $200 billion into Bitcoin investment products over three years.
The SEC's engagement with spot bitcoin ETF applicants and positive developments from BlackRock indicate a high chance of approval for bitcoin spot ETFs by the end of 2023 or the first quarter of 2024, potentially leading to a wave of institutional investment and redefining investment dynamics.
ARK Invest and 21Shares have amended their spot Bitcoin ETF filing, addressing concerns raised by the SEC, indicating progress towards approval.
The U.S. Securities and Exchange Commission (SEC) is expected to let the deadline run out on Grayscale Investments' application to convert its Bitcoin Trust (GBTC) to an ETF, as observers believe the agency will not contest the D.C. Circuit Court of Appeals' decision that criticized the SEC's rejection of the application, potentially paving the way for a spot bitcoin ETF.
ARK Invest CEO Cathie Wood believes that the Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is blocking a spot market Bitcoin exchange-traded fund (ETF) despite the agency's knowledge and understanding of Bitcoin. Wood suggests that multiple spot Bitcoin ETFs may be approved in the future.
The US SEC's decision not to appeal against a ruling rejecting a spot BTC ETF indicates evolving regulatory dynamics in the crypto market and could potentially lead to the approval of more spot bitcoin ETFs in the US, narrowing the gap with Europe and Canada.
The U.S. Securities and Exchange Commission (SEC) has run out of time to appeal a court ruling that criticized its biased decision in approving a futures-based ETF while denying a similar spot market-based ETF, making the likelihood of a spot market bitcoin ETF listing by the end of the year almost certain, which would have significant implications for the crypto industry and potentially raise bitcoin's price.
Ark Invest CEO Cathie Wood has provided an update on the status of Bitcoin ETFs, stating that multiple approvals could occur by the end of 2023 or early 2024, with Ark Invest's filing having a final deadline of January 10, making them first in line for approval.
The U.S. Securities and Exchange Commission (SEC) is exhibiting a change in attitude towards ARK Invest's application for a Bitcoin exchange-traded fund (ETF), engaging in a healthy exchange of information and potentially bringing institutional interest into Bitcoin once approved.
Galaxy Digital CEO Mike Novogratz predicts that a spot Bitcoin ETF will likely be approved within the next three months, as the Securities and Exchange Commission (SEC) is under pressure to greenlight the product following its court loss to Grayscale, while ETF applicants and analysts notice a more constructive change in tone from the agency.
Fidelity has amended its Bitcoin ETF application and emphasizes the risks associated with the product, as market analysts predict that a Bitcoin ETF is closer to approval, which could bring fresh capital into the market. However, concerns about the volatility of the crypto market and regulatory scrutiny remain. Several major Wall Street players have also applied for a Bitcoin ETF, and analysts believe there is a 90% chance of approval in January 2022.
Bitcoin surpassed $30,000 for the first time since August, driven by optimism that the SEC will approve exchange-traded funds (ETFs) investing directly in the cryptocurrency. Market participants anticipate approval of a spot bitcoin ETF by January 10th, the deadline for a response to ETF applications.
If the U.S. Securities and Exchange Commission approves a spot Bitcoin exchange-traded fund (ETF), a top analyst predicts that Bitcoin could reach levels not seen since November 2021, potentially appreciating by over 100%.
Crypto ETF expert Stuart Barton predicts that all applications for spot bitcoin exchange-traded funds (ETFs) to the SEC may be approved simultaneously, following the SEC's approval of multiple ether ETFs at once, setting a precedent.
Cryptocurrency prices surged as bitcoin reached its highest level since May 2022, driven by hopes of a spot bitcoin exchange-traded fund (ETF) launching soon after the SEC declined to challenge Grayscale Investments' court loss. Several firms, including ARK Invest, VanEck, BlackRock, and Coinbase, have filed for bitcoin ETFs, and there is significant institutional demand for a spot bitcoin ETF with expectations of SEC approval.
The U.S. Securities and Exchange Commission (SEC) has multiple filings for potential bitcoin exchange-traded products under consideration, including an application from Cathie Wood's ARK Invest; approval of a spot bitcoin exchange-traded fund (ETF) could drive increased demand for the cryptocurrency.
