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Showing posts with the label bitcoin etf

Trump's Truth Social Files Bitcoin ETF on NYSE Arca

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Trump Bitcoin ETF developments have reached a milestone as Truth Social officially filed for a Bitcoin exchange-traded fund on NYSE Arca. This Truth Social Bitcoin ETF filing represents a significant shift in cryptocurrency regulation and could trigger another Bitcoin price surge as institutional adoption accelerates right now. JUST IN: President Trump's Truth Social filed for a Bitcoin ETF pic.twitter.com/txxMqKJytu — Bitcoin Magazine (@BitcoinMagazine) June 3, 2025 Also Read: Trump Calls Xi ‘Tough to Deal With’ Amid US-China Trade Strain Trump Bitcoin ETF Filing Signals Shift in Cryptocurrency Regulation Source: Business Insider The Trump Bitcoin ETF application submitted through Truth Social marks a turning point for both the Trump media organization and also the broader digital asset landscape. This Truth Social Bitcoin ETF proposal comes amid evolving cryptocurrency regulation frameworks and, at the time of writing, growing institutional interest in Bitcoin investments. Tru...

BlackRock Launches Spot Bitcoin ETF in Brazil

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Following its highly successful offering thus far in the United States, BlackRock has launched a Spot Bitcoin ETF in Brazil. Specifically, the asset manager has expanded trading on its iShares Bitcoin Trust ETF (IBIT) just seven weeks after gaining approval from the US Securities and Exchange Commission (SEC). The success of BlackRock’s IBIT has been undeniable. The firm’s BTC investment offering surpassed $10 billion in assets under management Friday, becoming the quickest ETF to reach the landmark milestone. Now, the offering has been expanded to the South American country. JUST IN: 🇧🇷 BlackRock launches spot #Bitcoin ETF in Brazil. — Watcher.Guru (@WatcherGuru) March 1, 2024 Also Read: BlackRock Spot Bitcoin ETF Trading Volume Surpasses $1.1 Billion BlackRock Launches Spot Bitcoin ETF in Brazil The digital asset industry entered 2024 with high hopes for Bitcoin. Much of those expectations were due to the impending arrival of Spot Bi...

Bitcoin hits $54,900 as BlackRock’s IBIT trades $1B

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Bitcoin hits $54,900 for first time since 2021 as BlackRock’s IBIT trades $1 billion shares. BTC price is rising amid analyst predictions for a halving explosion. Bitcoin is eyeing a pre-halving breakout as its price jumped above $54,900 for the first time since November 2021. On crypto exchange Coinbase, Bitcoin price reached highs of $54,980. The more than 6% gains pushed the benchmark cryptocurrency’s market cap to over $1.06 trillion. BTC breaks above $54k as IBIT trades $1 billion ETF shares In the ETF market, BlackRock’s iShares Bitcoin Trust ($IBIT) traded over $1 billion and analysts are saying the momentum is set to fuel further gains for BTC price. Bloomberg ETF analyst shared that the performance ranked $IBIT 11 th amongst all ETFs. “ MILESTONE $IBIT has traded $1b worth of shares today so far.. which ranks it 11th among all ETFs (Top 0.3%) and Top 25 among stocks. Insane number for newbie ETF (esp one w ten competitor...

Bitcoin breaks $49k as spot BTC ETF trading volume surges

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Bitcoin made a 24-month high on day one of open trading for spot BTC ETFs less than 24 hours after the SEC issued approval.  On Jan. 11, the price of Bitcoin (BTC) hit $49,000 for the first time since December 2021 as trading opened for spot BTC ETFs across major U.S. exchanges like the Nasdaq, NYSE, and CBOE.  BTC’s surge amounted to nearly a 10% increase in price, with Bitcoin’s market cap less than $100 billion away from becoming a $1 trillion asset. When this report was written, BTC’s price had somewhat retraced due to expected market volatility amid euphoria for spot BTC ETF approvals.  As crypto.news previously reported, crypto’s leading token has a clear path to $55,000 and beyond if the $48,000 range is flipped into support. This could trigger a further run toward the $69,000 all-time high, only 31.1% away at press time. Bitcoin breaches $49,000 | Source: TradingView You might also like: Robinhood to add support for spot Bitcoin ETFs ‘as soon as possible...

BTC predictions roundup: How much can BTC surge post Bitcoin ETF approval? 

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As the crypto industry braces for the potential approval of Bitcoin ETFs, the financial community is abuzz with predictions and analyses. The impending decision by the SEC has ignited discussions, drawing a line between Bitcoin as a speculative investment and a legitimate payment method. The outcomes of this decision could be a defining moment for Bitcoin’s future. A short stretch beyond $50k Some analysts predict that Bitcoin’s bull run post-ETF approval will be significant, but it might not be as extravagant as new all-time highs, as predicted by others. Mister Crypto, a notable analyst on X, sees a 5% to 10% surge in Bitcoin’s value following the Spot Bitcoin ETF’s approval. This uptick could propel Bitcoin beyond the $48,000 threshold and slowly build up towards its previous all-time high. Yet, this short-term forecast is tethered to various contingencies, including the ETF’s implementation pace and the actual market demand for the ETF. Potential sell-off...

Valkyrie and ARK 21Shares file Bitcoin ETF registration of securities with SEC

Valkyrie and ARK 21Shares have recently submitted filings for spot Bitcoin ETFs, adding to the growing list of contenders seeking approval from the U.S. Securities and Exchange Commission. Valkyrie and ARK 21Shares have filed for 8-A registration of securities for a spot Bitcoin ETF with the SEC on Jan. 4, following the footsteps of Grayscale and VanEck earlier today and Fidelity, who filed yesterday. Lots of Bitcoin ETF issuers have amended their 8-A forms in recent weeks… But what is an 8-A form…. SEC form 8-A is required by the Securities and Exchange Commission (#SEC) from companies that are seeking to issue securities . And it must be submitted before securities … — LondonCryptoClub (@LDNCryptoClub) January 4, 2024 You might also like: Matrixport case: How news and rumors impact crypto market Valkyrie and ARK 21Shares’s official filings today suggest a solid chance of approvals being pushed through imminently as the two companies compete with others for...

BitMEX: Spot Bitcoin ETFs inflows to dwarf all 150 crypto ETPs

Spot Bitcoin ETFs in the U.S. could eclipse the entire crypto currency exchange-traded product (ETP) market. As BitMEX analysts note, the crypto currency ETP market has 150 products and has a valuation of $50.3 billion as of Dec. 22, 2023. The list includes spot and futures funds that typically track the performance of Bitcoin (BTC) and Ethereum (ETH). The largest ETP on the list is Grayscale’s Bitcoin Trust, which is currently attempting to convert into a spot ETF product. Of the 150 crypto funds, the 20 largest ETFs attracted the most investment, totaling $1.3 billion inflows during 2023. “With the supposedly imminent approval of the Bitcoin spot ETFs by the SEC in the United States, this dataset and Analysis derived from it may be interesting. For example, it could be useful in determining the extent to which the spot Bitcoin ETF cannibalizes existing exchange-traded products or attracts new capital into the crypto currency space.” BitMEX Research The rac...

BitMEX founder has a warning about spot ETF approval

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Arthur Hayes, co-founder of the BitMEX crypto exchange, is sounding the alarm regarding what he sees as possible dire outcomes of the pending regulatory approval of the spot Bitcoin exchange-traded fund (ETF). The concern lies in traditional finance asset managers, such as BlackRock, potentially undermining Bitcoin (BTC) by dominating the spot Bitcoin ETF market. In a blog post on Dec. 22, Hayes highlighted the risk of such firms holding “all the Bitcoin in circulation.” If that happens, he says, an over-successful ETF managed by traditional asset managers could ultimately lead to the decline of the cryptocurrency. "Expression" is my last article of 2024. I offer some thoughts on expressions of the #crypto investment theme that will ultimately prove to be worthless. May the Pump be with you!https://t.co/bG4ZnSjYu5 pic.twitter.com/nbru6yZlJD — Arthur Hayes (@CryptoHayes) December 23, 2023 Hayes argues that BlackRock and similar entities “vacuum u...

Reasons why spot Bitcoin ETF will not be approved are many

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More Compelling Evidence Demonstrating That the Chances for SEC Approval of a Bitcoin Spot ETF Are Slim and None (And Slim Just Left Town) advertisement A new study offers even more proof that the crypto-marketplace is totally rigged. In fact, it seems almost axiomatic that market… — John Reed Stark (@JohnReedStark) August 18, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] Must Read Crypto Telegram Channels List 2023 ...

SEC Delays Ark Invest Spot Bitcoin ETF Application

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The US Securities and Exchange Commission (SEC) has officially opted to extend its review of Ark Invest’s spot Bitcoin ETF application. Indeed, the deadline for approval or rejection of the application was August 11th, with the extension now delaying that decision by the regulator.  A host of companies have entered the Spot Bitcoin ETF race over the past few weeks. Among various digital asset firms, traditional finance companies like BlackRock and Fidelity have sought to earn approval. Subsequently, the decision on the first spot Bitcoin ETF will be delayed yet again. JUST IN: 🇺🇸SEC delays Ark Invest spot #Bitcoin ETF application. — Watcher.Guru (@WatcherGuru) August 11, 2023 Also Read: Matrixport Predicts SEC Will Approve Multiple Spot Bitcoin ETF s ARK Bitcoin ETF Application Decision Extended by SEC The digital asset sector has seen a massive influx of applications for spot Bitcoin ETFs. Indeed, companies have all sought the develop...