On 26 February, BTC touched the market cap of $750 billion for the first time since 19 February 2022 after the cryptocurrency breached the mark of $40,000.

Greg Foss and Josh Olszewics join Steven McClurg to discuss institutional adoption of Bitcoin from a product standpoint and why bonds are a poor investment.

The US Securities and Exchange Commission (SEC) has continued to stall the approval of a Bitcoin spot exchange-traded fund (ETF). The SEC stated that it was delaying a decision on whether the biggest Bitcoin fund, Grayscale Bitcoin Trust (GBTC) can convert into a Bitcoin spot ETF. The securities regulator noted that Grayscale’s application failed to

The post SEC Has Pushed Back On Grayscale’s Highly Anticipated Bitcoin Trust (GBTC) appeared first on CoinGape.

Purpose Bitcoin ETF, one of the Bitcoin spot-settled ETFs trading in Canada, has just recorded its third-largest single-day increase in assets under management. According to data from Glassnode, 1054 Bitcoins were added to the ETFs holdings yesterday. The data indicate that the ETF investors are buying the dip, and could mark market sentiments turning bullish

The post ‪Bitcoin Purpose ETFs Holdings Records A Meteoric Rise ; What Is Driving The Growth? appeared first on CoinGape.

New York-based Grayscale, which is owned by Digital Currency Group, the parent company of CoinDesk, has launched the first equity exchange-traded fund (ETF) tracking the Bloomberg Grayscale Future of Finance (BGFOF) index. Grayscale, which has $38.2 billion in assets under management, said the fund will be administered by the U.S. Bank and trade under the…

The post Grayscale Launches First Equity ETF Tracking New Joint Index With Bloomberg appeared first on Bitcoin News Miner.

The United States Securities and Exchange Commission (SEC) has published an order disapproving a proposed rule change to list and trade the shares of the Fidelity Investment-backed Wise Origin Bitcoin Trust under the BZX Rule. (Read More)

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According to reports, the SEC has rejected Fidelity’s spot settled Bitcoin ETF application. After postponing a decision on Fidelity’s Wise Origin Bitcoin Trust which was filed in March last year several times, the SEC has finally announced that it is rejecting the proposal. The Securities regulator cites that the proposal failed to meet investor protection

The post Breaking: SEC Declines Fidelity’s Spot Bitcoin ETF appeared first on CoinGape.

Crypto prices haven’t been this low since early last summer.

Bitcoin has dropped significantly in price over the last few days. Bitcoin’s price dropped 8.75% in the last 24 hours, currently trading at around $35,600. This is no reason to panic, however, according to Plan B, the pseudonymous creator of the Bitcoin stock-to-flow (S2F) model. Plan B has even urged market participants to embrace volatility

The post ‪Bitcoin S2F Founder says Current dip cannot stop Bitcoin from Adding Another Zero appeared first on CoinGape.

The SEC rejected the spot Bitcoin application from Skybridge giving a plethora of reasons for their decision. The regulator had previously delayed giving a decision for the application that was first filed in May 2021. Despite the rejection, analysts remain bullish that a pure-play Bitcoin ETF is around the corner. The SEC remains a stumbling […]

According to a fresh report by Bloomberg, the U.S. Securities and Exchange Commission (SEC) has just rejected a proposal by hedge fund Skybridge Capital and investment advisory firm First Trust, to list a spot bitcoin exchange-traded fund (ETF). However, the Thursday rejection does not exactly come as a surprise. At the very least, up until now,

The post Breaking: SEC Rejects Bitcoin ETF Proposal From Skybridge Capital appeared first on CoinGape.