The grim market picture is likely due to yesterday’s breaking news that the Winklevoss Twins’ application for a Bitcoin exchange-traded fund (ETF) has now been rejected for a second time by the U.S. Securities and Exchange Commission (SEC).
Market visualization from Coin360 Bitcoin (BTC) is trading around $7,915 to press time, down about 4 percent on the day.
Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is trading around $462 at press time, down about 3 percent on the day.
Its pricing relies on the MVIS Bitcoin OTC Index, not a [single crypto] exchange like Gemini.
Meanwhile, on July 24 the SEC delayed its decision on a Bitcoin ETF application from investment firm Direxion, the same day as digital asset manager Bitwise filed its own application with the regulator for an ETF that would track an index of ten cryptocurrencies.
A sweeping SEC update greenlights in-kind Bitcoin and Ethereum ETFs, with fast-tracked altcoin approval and a major boost to IBIT options limits. These changes may mark a pivotal shift in crypto ETF infrastructure and market growth.
The U.S. Securities and Exchange Commission has charged three Nigerian nationals with defrauding investors of $2.9 million in Bitcoin. According to the SEC, the individuals used fake websites, social media, and voice-altering software to impersonate legitimate financial professionals, targeting at…
The SEC has approved the listing and trading of options on BlackRock's iShares Bitcoin Trust, marking a significant milestone for Bitcoin integration in traditional finance.
The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January.
The U.S. SEC has extended its review period on a rule change that would allow the listing of 7RCC’s Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024.
The SEC finally approved the series of Bitcoin spot ETFs on US financial markets, but the monumental event has left some Bitcoin supporters somewhat taken aback as Ehteruem starts to steal Bitcoin’s thunder.
Recent cryptocurrency trends show Bitcoin and Stacks in the spotlight, driven by market dynamics and a potential U. S. SEC Bitcoin ETF decision. Other notable cryptos include Cardano, MXC, and Litecoin.
"SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said.
In a recent development, the asset manager Grayscale recently met with the Securities and Exchange Commission (SEC) in a move that could suggest that the approval of a Spot Bitcoin ETF is on the horizon.
A group of experts have come together to discuss their thoughts on the US SEC Chairman’s next move on spot Bitcoin ETF approvals, debating whether Gensler may be waiting until the last moment before pulling an “epic” rug pull.
Amid the SEC's hesitant stance, the discourse around Bitcoin ETFs intensifies. The rising price of Bitcoin, driven by optimism for ETF approval, reflects a market ripe with expectation, despite historical regulatory hurdles.
Securities and Exchange Commission (SEC) Chairman Gary Gensler recently commented on the application status of numerous Bitcoin spot ETF applications. SEC Chairman Gary Gensler confirmed that the regulator reviews numerous Bitcoin spot ETF applications. While mentioning eight or nine such…
The U.S. Securities and Exchange Commission (SEC) may have found additional ammunition to deny future Bitcoin ETF applications following a recent misinformation debacle. The latest development involved false reports claiming the SEC’s approval of a Bitcoin ETF from BlackRock, which…
In a decisive development, the U. S. Securities and Exchange Commission (SEC) has decided not to appeal a recent court ruling that found it was unjust to reject an application from Grayscale Investments to create a spot bitcoin exchange-traded fund (ETF).
In a significant development, the US Securities and Exchange Commission (SEC) has taken an unprecedented step that has raised hopes for approving Bitcoin spot exchange-traded funds (ETFs). This move comes after the SEC recently delayed applications for Bitcoin spot ETFs from major financial players like BlackRock, Fidelity, and VanEck due to last week’s looming US […]
A recent development around approving a Bitcoin spot Exchange Traded Fund (ETF) in the US saw crypto asset manager Bitwise taking a stand against the SEC’s reasons for not approving their spot Bitcoin (BTC) fund.
Crypto influencers have expressed varied opinions on the SEC's decision to delay seven Bitcoin ETF applications, with some speculating insider knowledge influenced Bitcoin's recent sell-off.
The post Crypto Influencers Stir The Pot as SEC Delays Bitcoin ETF Decision appeared first on BeInCrypto.
The price of Bitcoin surged on Tuesday after a federal appeals court ruled in favor of Digital asset manager Grayscale in their long-running legal battle against the United States Securities and Exchange Commission (SEC) over the launch of a spot Bitcoin ETF.
In a significant turn of events for Bitcoin (BTC) and the overall market, cryptocurrency asset manager Grayscale has emerged victorious in its legal battle against the U. S. Securities and Exchange Commission (SEC).
From SEC and court decisions that could potentially reshape the ETF landscape to macroeconomic indicators that might dictate next move by Bitcoin, this week promises significant developments. Let’s dive deep into the most anticipated events that every Bitcoin and crypto enthusiast, investor, and trader should have on their radar.
Grayscale Investments, the renowned digital asset management firm, is yet to receive a decision from the U. S. Securities and Exchange Commission (SEC) regarding its application to convert its Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF).
John Reed Stark suggested that SEC will not look favorably upon Bitcoin ETFs.
Analysts think that the ruling may get postponed even further.
Multiple large financial institutions have recentThe post Former SEC attorney chimes in on the Bitcoin ETF conversation appeared first on AMBCrypto.
The SEC is once again fighting to get its foot back in the crypto market.
BTC’s uncertainty saw a shift to the side of caution.
What is Bitcoin’s [BTC] next move? This is a question on mThe post Bitcoin walks on tightrope as SEC hints at appeal for Ripple ruling appeared first on AMBCrypto.
The SEC has accepted Valkyrie’s spot Bitcoin ETF filing for review. The fund would trade under “BRRR,” a reference to a popular meme in the Bitcoin community.
Bitcoin price reacted sharply to news that the SEC had said Bitcoin ETFs filings were inadequate. The SEC had reportedly returned the filed documents to BlackRock, Fidelity. However, BTC recovered above $30k as more details emerged.
Quick Take Binance saw its largest inflow into the exchange yesterday since the SEC lawsuit, driven by a large whale, almost 3,500 Bitcoin ($66 million). This event raises questions as to why a large whale would deposit such a significant amount of Bitcoin while the exchange is currently facing a lawsuit with the SEC.
Grayscale’s application for a Bitcoin ETF was scuttled by the Securities and Exchanges Commission (SEC) but the company will not be backing down without a fight.
Several bitcoin futures exchange-traded funds are now trading in the U.S, with more to come. For example, SEC approved the Teucrium Bitcoin Futures ETF earlier this month, filed under the Securities The post Grayscale CEO: It is 'a matter of when and not if' the SEC approves a spot Bitcoin ETF appeared first on AMBCrypto.
Coinbase sent a letter to SEC arguing that treating spot Bitcoin ETPs differently from futures-based ETPs can “undermine confidence” in the agency.
The post Coinbase Urges SEC to Approve Grayscale Bitcoin Trust’s (GBTC) Conversion to An ETF first appeared on BitcoinExchangeGuide.
The US Securities and Exchange Commission (SEC) instructed at least one asset manager to shelve plans for a leveraged Bitcoin (BTC) exchange-traded fund (ETF), the Wall Street Journal revealed in a recent report.
The US Securities and Exchange Commission (SEC) will not approve leveraged Bitcoin Exchange-Traded Funds (ETF), says a report. SEC Won’t Approve Leveraged Bitcoin Fund As per a report from Wall Street Journal, the SEC has told at least one asset manager not to go ahead with plans for a leveraged Bitcoin ETF. An exchange-traded fund […]
The crypto market lodestar has been smashing records since the beginning of this month. The Bitcoin rally gathered pace on Friday after reports emerged that the very first BTC exchange-traded fund (ETF) in the United States is likely to debut in the near future following expected approval by the Securities Exchange Commission (SEC). Bitcoin Futures […]
The bitcoin exchange-traded fund (ETF) scene is heating up as the U.S. Securities and Exchange Commission is appearing to ready itself to finally begin approving one or more.
The post More Bitcoin ETFs Filed as SEC Inches Closer to Approval appeared first on BeInCrypto.
With a treasury of 3,650 Bitcoin, OranjeBTC is leveraging heavyweight backing from the Winklevoss twins and others to launch onto Brazil’s B3. The move creates a regulated gateway for local investors seeking exposure to the original crypto’s volatile market. On…
Gemini’s Nasdaq debut drew so many orders that the exchange reportedly capped proceeds at $425 million. The move breaks with IPO convention and shows both intense demand for crypto listings and a rare note of restraint from the Winklevoss-led firm.…
Winklevoss twins-backed Bitcoin treasury firm Treasury is set to go public on Euronext Amsterdam via a reverse merger with MKB Nedsense, pending shareholder approval. Winklevoss-backed Treasury to list on Euronext Amsterdam Treasury, a Bitcoin-focused investment firm backed by Winklevoss Capital…
Gemini Trust Co., the cryptocurrency exchange and custodian launched by Cameron and Tyler Winklevoss, has confidentially filed for an initial public offering. The IPO plans follows a series of positive regulatory developments for the firm, according to CNBC. The filing…
At the recent White House crypto summit, Tyler and Cameron Winklevoss, co-founders of Gemini, reflected on their tumultuous journey from regulatory scrutiny to being seated at the nation’s highest table for cryptocurrency policy.
