“It’s a huge milestone, it’s recognition of bitcoin being a large-scale traditional investment,” said Jad Comair, chief executive of Melanion Capital, the first company to launch a bitcoin thematic ETF in the EU. “We’re opening the doors to Wall Street.” ...
“As with any new financial instrument, however, a spot Bitcoin ETF does not come without risks. Volatility is a given, and widespread adoption would lead to fund managers having to accumulate a large amount of Bitcoin in self-custodial or semi-custodial wallets, which could become prime target...
In two short weeks, 2024 has already proven to be a real roller-coaster ride for Bitcoin investors. In what was arguably the most eventful financial product launch in history, the SEC approved ten spot Bitcoin ETF products to trade in US markets. In many ways, Bitcoin managed to pull the ...
Bitcoin futures contracts require traders to settle the contract in cash, whereas Bitcoin ETF options allow them to purchase or sell shares of the ETF at specific prices and dates. In October 2024, the SEC approved the Cboe exchange to allow traders to trade spot Bitcoin ETF options on the F...
U.S. spot Bitcoin ETFs traded 2.7 billion shares across all exchanges between January 11 and March 8, 2024. The 10 products had a combined average daily volume (ADV) of 68 million shares. The Bitcoin ETF with the highest ADV was iShares Bitcoin Trust, IBIT, at 28.63 million shares, follo...
Bitcoin’s downward price trend remained unaffected on Monday morning, despite positive sentiment surrounding Australia’s imminent Spot BTC ETF approval. In the early hours of April 29, BTC price slid to a 10-day low of $61,931, bringing its weekly-timeframe dip to the 8% mark. Meanwhi...
"The Canadian Investor" US Spot Bitcoin ETF Approved and a Surprise Dividend Cut (Podcast Episode 2024) - Movies, TV, Celebs, and more...
Gensler has warned that his agency still does not support Bitcoin despite having approved several spot Bitcoin ETFs.
market offers eleven spot Bitcoin ETFs, but only IBIT is listed on the Nasdaq, making it the sole ETF eligible for options trading. The SEC approved options for IBIT in September, along with the rule changes for other Bitcoin ETFs listed by the New York Stock Exchange (NYSE) and Cboe ...
Bitcoin's success has also spurred the creation of an entirely new asset class with a market capitalization of over $1 trillion. On January 10, 2024, the Securities and Exchange Commission approved 11 new spot bitcoin ETFs. So, what is a spot ETF, and what does it mean for BTC holders?