Moreover, crypto experts believe that post-halving in 2024 and Bitcoin ETF approval will skyrocket the BTC in the coming years. Is it too late to invest in Bitcoin? It’s never too late to invest in Bitcoin (BTC). Currently, Bitcoin is trading below its recent all-time high (ATH); ...
Mizuho sees the income from custody fees as fairly modest given how far investors have pushed up the stock. The firm predicts ETF approval may add just $25 million to $30 million in annual custody fees, with another $200 million to $210 million of new revenue “if incremental Bit...
The first half of 2023 was excellent for BTC as the price nearly doubled from January to July, reaching a local high just shy of $32k amid a flurry of spot Bitcoin ETF applications from major asset managers. Bitcoin ended 2023 valued at just over $42k. ETF approvals were granted by the...
Bitcoin ETFs are set for a significant liquidity boost, thanks to the SEC’s approval of ETF options on the NYSE and CBOE, according to trading firm QCP.
Reports suggest that it has revised its Bitcoin ETF proposal, thereby possibly setting the stage for a rollout this month. Additionally, BlackRock’s spot BTC ETF was listed on theDepository Trust & Clearing Corporation(DTCC), moving it a step closer to regulatory approval. ...
Seyffart and his colleague Eric Balchunas had placed 90% odds on spot Bitcoin ETF approvals by Jan. 10, 2024, and the twin delays “all but confirms for me that this was likely a move to line every applicant up for potential approval by the Jan 10, 2024 deadline,” Seyffart said. ...
The iShares Bitcoin Trust ETF seeks to reflect generally the performance of the price of bitcoin. The iShares Bitcoin Trust ETF is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETF...
Approval of an ETF that gives mainstream investors exposure to bitcoin would be a landmark for the crypto industry, which has long been pushing for greater acceptance of digital assets on Wall Street. "The ETF news is being priced in with the market expecting an approval on Monday. This is...
Grayscale Bitcoin Trust, which launched in 2013, is the longest-running active spot Bitcoin ETF, but only converted from a unit trust to an ETF structure in 2024. The highly anticipated US approvals brought nine new spot Bitcoin ETFs to the global market in 2024. It is unclear whether addi...
Bitcoin ETF’s Good News: SEC Commissioner First Meets An ETF’s Applicants and Supports Approval October 24 (ChainDD) Elad Roisman, a U.S. Security and Exchange Commission (SEC)’s Commissioner just joined last month, met with representatives of Solid X, VanEck and Cboe, all of which ...