Author name: Peter

Vanguard Restricts Customer Access to Spot Bitcoin ETFs

gold ira /

Vanguard's Surprising Move Vanguard, a major player in the investment management industry with over $7 trillion in assets, has made a surprising decision to block customer access to Spot Bitcoin Exchange-Traded Funds (ETFs). This move goes against the current trend of institutional interest and adoption of Bitcoin-related financial products. No Plans for Spot Bitcoin ETFs […]

Vanguard Restricts Customer Access to Spot Bitcoin ETFs Read More »

Bitcoin Reaches $49K High Before Dropping, as ETFs Record $2.3B in Trades by Mid-Day

crypto ira /

Bitcoin's Brief Surge and Subsequent Decline On January 11, 2024, at 11 a.m. Eastern Time (ET), spot bitcoin exchange-traded funds (ETFs) made an impressive debut with a trading volume of $2.3 billion. However, the excitement was short-lived as bitcoin's spot markets experienced a sudden decline later that afternoon. The price of bitcoin fell below the

Bitcoin Reaches $49K High Before Dropping, as ETFs Record $2.3B in Trades by Mid-Day Read More »

Spot Bitcoin ETFs Wage Fee War as Bitwise Charts Unique Path

crypto ira /

Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More Leading up to the SEC approval deadline, spot Bitcoin ETFs, including industry giants Blackrock and Fidelity, began disclosing competitive fee structures, signaling the intensifying race to attract investors. Blackrock's Aggressive Fee Cuts Blackrock, in its Jan. 8 S-1 filing, announced

Spot Bitcoin ETFs Wage Fee War as Bitwise Charts Unique Path Read More »

Gary Gensler’s Vote Tips the Scales in Favor of Spot Bitcoin ETF Approvals

crypto ira /

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, played a pivotal role in the landmark decision to approve 11 spot bitcoin exchange-traded funds (ETFs) through his deciding vote. Prior to the approvals, the SEC held a vote on spot bitcoin ETFs, with two commissioners in favor and two opposing. Gensler's vote

Gary Gensler’s Vote Tips the Scales in Favor of Spot Bitcoin ETF Approvals Read More »

U.S. Spot Bitcoin ETFs Generate $4.6 Billion in Trading Volume on Debut

featured /

The highly anticipated launch of U.S. spot bitcoin exchange-traded funds (ETFs) sparked a trading frenzy on their inaugural day of trading, accumulating a combined trading volume of $4.6 billion. Blackrock, the world's largest asset manager, made a strong debut with over $1 billion in trading volume for its Ishares Bitcoin Trust (IBIT). Fidelity Wise Origin

U.S. Spot Bitcoin ETFs Generate $4.6 Billion in Trading Volume on Debut Read More »

Robert Kiyosaki Increases BTC Holdings After SEC Approval of Spot Bitcoin ETFs

news /

Robert Kiyosaki Increases Bitcoin Holdings After SEC Green-Lights Spot BTC ETFs Renowned author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has recently disclosed that he has purchased additional bitcoin following the U.S. Securities and Exchange Commission's (SEC) approval of 11 spot bitcoin exchange-traded funds (ETFs). Kiyosaki, who has been an outspoken critic

Robert Kiyosaki Increases BTC Holdings After SEC Approval of Spot Bitcoin ETFs Read More »

Bitcoin ETF Approvals and the Market’s Attention on Spot Ether ETFs

news /

A New Era with SEC's ETF Approvals and the Market's Reaction The recent approval of spot bitcoin ETFs by the United States Securities and Exchange Commission (SEC) marks a significant milestone in the regulation of cryptocurrencies. However, the market's response to this approval was unexpectedly subdued, with bitcoin's price movement remaining relatively stable. This article

Bitcoin ETF Approvals and the Market’s Attention on Spot Ether ETFs Read More »

SEC Commissioner Critiques Spot Bitcoin ETF Approval

crypto ira /

Commissioner Crenshaw Raises Concerns about Investor Protection and Market Integrity SEC Commissioner Caroline A. Crenshaw has expressed her dissent following the SEC's approval of spot bitcoin ETFs. In a letter, she raises serious concerns regarding investor protection and market integrity. Inconsistency with the SEC's Mandate Crenshaw argues that the approval of rule changes allowing the

SEC Commissioner Critiques Spot Bitcoin ETF Approval Read More »

Independent Nonprofit Organization Criticizes SEC Approval of Bitcoin ETFs

featured /

Introduction An independent nonprofit organization has expressed its disappointment and concern over the recent approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Better Markets, a nonprofit organization dedicated to promoting public interest in financial markets and the economy, argues that the approval has allowed for the mass marketing

Independent Nonprofit Organization Criticizes SEC Approval of Bitcoin ETFs Read More »