Spot Bitcoin ETF

Cantor Fitzgerald CEO Howard Lutnick believes Tether (CRYPTO: USDT), the biggest stablecoin by market capitalization, has substantial assets and liabilities. What Happened: "There's a company that I like called Tether," he told Bloomberg. "And the group I want to say here...

King of cryptocurrency Bitcoin (CRYPTO: BTC) could be on track to hitting the $100,000 mark, according to CoinShare's chief strategy officer Meltem Demirors. What Happened: Demirors' prediction is based on expectations of potential inflows of up to $100 billion post the spot Bitcoin ETF approval....

Goldman Sachs Group Inc.'s (NYSE:GS) Sharmin Mossavar-Rahmani, who is the chief investment officer of the private wealth management group at the investment bank, thinks that Bitcoin ETF approval does not make the cryptocurrency a legitimate investment option. What Happened: Mossavar-Rahmani likened...

Despite the recent success of Bitcoin ETFs, “Shark Tank” star and entrepreneur Kevin O’Leary has revealed his skepticism towards investing in them. What Happened: O’Leary has expressed concern over the fees charged by Bitcoin (CRYPTO: BTC) ETF issuers. These additional costs...

The launch of the first spot Bitcoin ETFs in the U.S. yesterday (Jan. 11) was met with much fanfare and record trading volumes. Now, the excitement seems to be giving way to a cooling-off period, with Bitcoin (CRYPTO: BTC) and other major cryptocurrencies experiencing a pullback in price on Friday...

The debut of spot Bitcoin (CRYPTO: BTC) exchange-traded Funds (ETFs) in the U.S. marked a historic day in the cryptocurrency market, with the first day bringing $4.5 billion in trading volumes. This figure includes significant contributions from the Grayscale Bitcoin Trust (OTC...

After regulators approved spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) in the U.S., supporters of the initiative are now calling on regulators to OK Ethereum (CRYPTO: ETH) ETFs next. What Happened:Benzinga collected the commentary of some key figures in the digital asset space to shed...

Vanguard defied the crypto fever sweeping Wall Street with the first-ever U.S. spot Bitcoin (CRYPTO: BTC) ETFs by refusing to offer a fund of its own. The investment giant, known for its conservative, long-term approach, declared bitcoin "too volatile" and refused to offer any of the...

Better Markets CEO Dennis M. Kelleher doubled down on his criticism of the U.S. Security and Exchange Commission's (SEC) approval of Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). What Happened: Only days after warning that regulatory approval of Bitcoin ETFs would be an...

South Korea maintains its firm stance against recognizing virtual assets as financial assets and continues to prohibit financial institutions from investing in them. In a recent discussion, an official from South Korea's Financial Services Commission reiterated the government's consistent...

After the historic Spot Bitcoin ETF approval by the U.S. Securities and Exchange Commission (SEC), Bitcoin (CRYPTO: BTC) prices raced past the $48,000 mark to currently stand at $48,627 (+6%). It briefly crossed the $49,000 mark to touch $49,012. Indicating rising investor interest, Bitcoin trading...

As the Securities and Exchange Commission (SEC) breaks a decade-long impasse by approving the listing and trading of spot Bitcoin exchange-traded funds (ETFs), the decision is met with mixed reactions within the commission. The landmark decision laid bare a deep fault line between commissioners,...

In a recent interview, Cathie Wood, the CEO of Ark Investment Management LLC, expressed her surprise at the stance taken by Securities and Exchange Commission (SEC) Chair Gary Gensler towards the crypto space after the approval of Bitcoin exchange-traded funds (ETFs). What Happened: On Thursday,...

Amid the excitement surrounding the approval of Bitcoin (CRYPTO: BTC) ETFs, Ethereum (CRYPTO: ETH) has quietly experienced an 8.9% increase in its price over the past 24 hours, outshining Bitcoin in terms of price performance. This rise is further underscored by a 108% surge in trading volumes...

Several crypto-related stocks are moving after the bell Wednesday following accelerated spot Bitcoin (CRYPTO: BTC) ETF approval from the U.S. Securities and Exchange Commission. What To Know: The SEC delayed its decision on several ETF submissions multiple times and repeatedly asked for changes to...