In quite a welcome move for the crypto industry, SEC Chairman nominee Gary Gensler recently responded to questions about blockchain, crypto, and Bitcoin, in a positive manner. Speaking at the nomination hearing, Gensler sounded very much positive about Bitcoin and crypto innovation in general. Speaking before the Senate Banking Committee, Gensler called Bitcoin “a catalyst
Goldman Sachs Restarts Cryptocurrency Trading Desk | CBOE Seeks Approval to List and Trade VanEck’s Bitcoin ETF | Crypto ETP Assets Under Management Increase to Over $43 Billion
Gary Gensler, the Joe Biden nominee for SEC chief is all set to appear before the Senate for the confirmation hearing today. Gensler who earlier headed the CFTC is a known crypto advocate and thus many in the crypto community are hopeful of a positive regulatory approach from the new SEC chief. Excerpt from SEC
CBOE has metaphorically smashed SEC’s door and put a 102 pages document on its desk that respectfully asks for approval to list the VanEck bitcoin ETF. That starts off a...
ARK Innovation ETF (ARKK), the flagship ETF saw an inflow of $464 million inflow last week registering its highest ever inflow in 2021 and its second-highest of all time. The inflow is believed to have come from the rising stock prices of tech companies which is the primary composition of ARKK. Apart from the flagship
According to the Reuters report, CBOE global market is seeking approval from the U.S. Securities and Exchange Commission (SEC) to list a bitcoin Exchange Traded Fund (ETF), according to a filing, the latest attempt to launch such a product in the United States. The filing came as Citi Bank’s analysts said the most popular cryptocurrency […]
Square Buys the Dip, Adds Another $170 Million of Bitcoin to Treasury | NYAG’s $850 Million Probe of Bitfinex and Tether Ends in $18.5 Million Fine | North America’s First Bitcoin ETF Surpasses $500 Million in AUM
The launch of cryptocurrency ETFs could bring an inflow of new money into the digital asset markets, which could lead to new all-time highs for many digital currencies and tokens.
Bitcoin’s Market Cap Crosses $1 Trillion Milestone | 25% of U.S. Investors Already Own Crypto, Survey Shows | Canada’s First Bitcoin ETF Sees AUM Swell Past $400 Million in Two Days
Bitcoin ETF Launches With $165 Million Trading Volume in Its Debut | Fidelity Charitable Received $28 Million in Crypto Donations Last Year | PancakeSwap Becomes Leading Decentralized Exchange by Trading Volume
As Bitcoin continues to see additional price gains, the question of US regulators approving an ETF product comes to mind. This can be the gamechanger to bring more corporate investors on board.
