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 […]

Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last […]

India could be launching its first Bitcoin ETF, signaling a major turn away from its intention to ban the asset in November.