ETF
Bitcoin Could Surge to $160K on Halving, Spot ETF Hype in 2024, But Risks Remain
“We argue that bitcoin and crypto markets could have a positive year in 2024 mostly amid the effects from: 1. The market valuation cycle, 2. Network activity, 3. The bitcoin halving, 4. The macroeconomic perspective, 5. Bitcoin spot ETF approval and 6. Growing stablecoin liquidity,” analysts at CryptoQuant said. Source link
BlackRock, Nasdaq, SEC Met Regarding Bitcoin ETF
This is the second meeting in a month between the parties about rule changes required to list the bitcoin ETF. Source link
Bitcoin Price (BTC) Headed Higher in 2024 Thanks to Spot ETF
Mainstream investors – whether at the individual or institutional level – to date have not had a “high bandwidth” compliant channel for putting money into bitcoin, said Saylor, and that’s all about to change with the spot ETF. This new vehicle, argued Saylor, is going to drive a demand shock for bitcoin which will soon…
BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock’s ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund’s approval odds. Source link
Bitwise Spot Bitcoin (BTC) ETF Ad Launches
Bitwise is among numerous firms awaiting approval from the U.S. Securities and Exchange Commission (SEC) for launching a spot bitcoin ETF. Unlike larger players like BlackRock, Bitwise has been offering crypto ETF products for several years, a point the ad makes clear at the end, saying “ETFs backed by crypto specialists.” Source link
Small ESG-Focused Crypto Asset Manager Is Another Late Entrant to Bitcoin ETF Race
7RCC was founded in 2021 to provide access to crypto and blockchain-related assets for EGS-conscious investors. The company started the process for an ETF 18 months ago but was waiting to have the right infrastructure in place to file an application, which is why it is entering the race much later than other applicants like…
Revised BlackRock Bitcoin ETF Filing Invites Participation From U.S. Banks
A change to the mechanics of BlackRock’s proposed spot bitcoin (BTC) ETF opens the door for Wall Street banks, which face restrictions holding cryptocurrencies, to play a key role. BlackRock recently made it so authorized participants (APs) – a vital part of the ETF ecosystem – will be able to create new fund shares with…
BlackRock’s (BLK) BTC ETF Now Invites Participation From Wall Street Banks
“If the SEC accepts this revised, dual model of create and redeem with cash and physical, that means the liquidity that supports the ETF shares when they trade would be increased, because obviously, you have more potential APs as part of the process,” CF Benchmarks CEO Sui Chung said in an interview. (CF Benchmarks is…