Bitcoin To $100,000: Can Hong Kong’s Spot ETFs Make It Happen?

In a recent analysis, Stanislas Bernard, the founder of Sinz 21st. Capital, delved into the complexities surrounding Hong Kong’s consideration to approve spot Bitcoin ETFs against the backdrop of China’s escalating economic crisis.

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Spot Bitcoin ETFs in Hong Kong could mark a regional first with April listings

The Hong Kong Securities and Futures Commission (SFC) could approve the first batch of spot Bitcoin Exchange-Traded Funds (ETFs) as soon as April 15. New reports suggest that the SFC is actively considering the launch of the first batch of spot BTC ETFs as it updated its list of virtual asset management funds earlier today.

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BlackRock files to add spot Bitcoin ETFs to its global fund MALOX

Asset manager BlackRock wants to buy spot Bitcoin ETFs for its Global Allocation Fund (MALOX). In a March 7 filing with the US Securities and Exchange Commission, BlackRock will invest in spot Bitcoin ETFs listed and traded on national exchanges.

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Mega U.S. Brokers Joining Crypto Hype: Wells Fargo, Merrill Introduce Spot Bitcoin ETFs To Wealth Clients

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Spot Bitcoin ETFs surpass 220,000 BTC under management

The nine new US-approved spot Bitcoin ETFs have collectively amassed over $12 billion since January, data from Arkham shows.

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SEC Approves All Bitcoin Spot ETFs from All Applicants – Here’s How BTC Price Reacted

In a landmark decision that sent shockwaves through the crypto industry, the Securities and Exchange Commission today approved several Bitcoin spot exchange-traded funds (ETFs) from a range of prominent providers.

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Hong Kong reportedly considers allowing retail investors to trade spot crypto ETFs

Julia Leung, the Chief Executive Officer of Hong Kong’s Securities and Futures Commission (SFC), said the regulator was considering opening up spot crypto exchange-traded funds (ETFs) to retail investors, Bloomberg reported.

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Grayscale CLO Urges SEC: Green Light All Bitcoin Spot ETFs Now

In a bid to pave the way for the much-anticipated era of spot Bitcoin Exchange-Traded Funds (ETFs), Grayscale’s Chief Legal Officer, Craig Salm, has made a compelling case for the Securities and Exchange Commission (SEC) to approve all spot ETF applications simultaneously.

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Fundstrat Predicts Bitcoin Will Reach $180,000 In 2024, But What’s The Catalyst?

Bitcoin has been on the lips of many crypto investors and news outlets for the past few months as major investment companies like BlackRock look to bring on Spot Bitcoin ETFs. The world’s largest digital currency has also seen an increase in price in the past few months as a result of this, ranging around $30,000 for almost a month.

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BlackRock Aggressively Builds Asia Presence as Bitcoin ETF Approval Looms

BlackRock adds to its Asia leadership team with high-profile hires as the world awaits an SEC ruling on spot Bitcoin ETFs. The post BlackRock Aggressively Builds Asia Presence as Bitcoin ETF Approval Looms appeared first on BeInCrypto.

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NYDIG Predicts Spot Bitcoin ETFs Could Unlock $30 Billion In Fresh Demand

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Bitcoin Spot ETFs Could Bring $30B in New Demand, Crypto Trader NYDIG Says

A lot can be learned from the listing of the first Gold ETF, but looking to the past also comes with some caveats

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BREAKING: Bitcoin ETFs Move Closer To Approval, SEC Lists 8 Applicants On Federal Register

The US Securities and Exchange Commission (SEC) has taken a significant step towards approving the first-ever Spot Bitcoin Exchange-Traded Fund (ETF) in the country.  According to a report by Watcher Guru, the regulatory process for the approval of spot Bitcoin ETFs officially began on Wednesday, after eight applicants were listed in the Federal Register, including […]

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XRP ruling triggers crypto rally, SEC accepts bitcoin ETFs, Binance’s woes mount | Weekly recap

XRP ruled not a security, triggering a market-wide rally. Binance faces regulatory pressure with layoffs and legal disputes. Spot bitcoin ETFs gain recognition from SEC. Read these and other news in our weekly recap.

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Protection Against The Financial System Requires More Than A Spot Bitcoin ETF

While proposed spot bitcoin ETFs from BlackRock and others are novel in some ways, there’s no substitute for holding bitcoin in self custody.

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Mike Novogratz Says Spot Bitcoin ETFs Will Slingshot BTC’s Price Upwards As Institutional Demand Grows

The outspoken CEO of Galaxy Digital, Mike Novogratz, believes that the recent spate of applications for spot bitcoin exchange-traded funds (ETF) from high-profile asset managers if approved, would represent a “seal of approval” for crypto from the U.S. government and its top securities watchdog.

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Coinbase stock closes over 9% up following Cboe’s spot bitcoin ETFs partnership

Coinbase’s shares experienced a significant uptick of 16% on Tuesday before closing 9.87% higher, following the announcement of a key surveillance-sharing agreement with Cboe’s BZX Exchange, marking a pivotal development in the management of its spot bitcoin ETF applications. On…

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Cboe files amended spot Bitcoin ETF applications; finalizes surveillance agreement with Coinbase

Cboe filed several amendments for Bitcoin spot  ETFs on July 11, indicating that surveillance sharing agreements (SSAs) with Coinbase have been finalized. Beginning in late June, Cboe filed for spot Bitcoin ETFs on behalf of several asset managers.

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Spot bitcoin ETFs deserve approval, asserts former SEC chairman Jay Clayton

In a recent CNBC interview, former SEC Chair Jay Clayton discussed the changing regulatory environment surrounding bitcoin ETFs, stating that it would be challenging to resist approving them. Clayton explained that institutions are arguing that the distinctions between spot and…

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Bitcoin ETF approval could be ‘hard to resist,’ ex-SEC chair Jay Clayton says

Former SEC chair Jay Clayton suggested during a CNBC interview on July 10 that regulators could soon feel compelled to approve a spot Bitcoin ETF. Clayton explained that the U.S. Securities and Exchange Commission (SEC) has previously chosen to reject spot Bitcoin ETFs while approving futures Bitcoin ETFs based on the latter’s surveillance sharing agreements […] The post Bitcoin ETF approval could be ‘hard to resist,’ ex-SEC chair Jay Clayton says appeared first on CryptoSlate.

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Grayscale Says Its Spot Bitcoin ETF Is Less Risky Than ETFs Already Trading

A new chapter in Grayscale's battle with regulators unfolds as a lawyer for the asset manager demands that a circuit court address inconsistencies in Bitcoin ETF approval. The post Grayscale Says Its Spot Bitcoin ETF Is Less Risky Than ETFs Already Trading appeared first on BeInCrypto.

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ETF approval may boost Bitcoin’s liquidity, but it won't be a game changer — JPMorgan

According to a JPMorgan report, spot Bitcoin ETFs have been available in Canada and Europe without drawing large investor interest.

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SEC’s Approval Of Spot Bitcoin ETFs Won’t Be A Game-Changer For Crypto Industry, JPMorgan Strategists Opine

While most crypto fans believe the hoped-for successful approval of a spot bitcoin exchange-traded fund in the U.S. would be a seminal moment in the history of crypto, JPMorgan analysts claim such a move by the SEC would not have a significant impact on the market for a couple of reasons.

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SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan

Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.

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Binance CEO dismisses concerns that institutional crypto ETFs threaten decentralization

In a Twitter Spaces conversation on July 5, Binance CEO Changpeng Zhao said dismissed worries that large companies posed a threat to the crypto sector. Over the past several weeks, leading asset managers, including BlackRock and Fidelity, have applied for spot Bitcoin ETFs.

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Bitcoin ETF could democratize crypto: BlackRock CEO

Larry Fink is of the belief that BTC ETFs could make crypto democratized. Spot ETFs have led to a rise in BTC's prices. BlackRock CEO Larry Fink says that its spot Bitcoin [BTC] exchange-traThe post Bitcoin ETF could democratize crypto: BlackRock CEO appeared first on AMBCrypto.

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Bitcoin Price Rally Puts Focus on Futures Spread That Underscores Need for Spot ETFs

Observers call for spot-based bitcoin ETF as the bull market raises cost of pre-expiry rollover of positions for futures-based ETFs.

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Court decision on Grayscale v. SEC lawsuit could prove crucial for spot Bitcoin ETF applicants

Investors and applicants interested in spot Bitcoin exchange-traded funds (ETFs) are keeping a close eye on the ongoing court case between Grayscale and the U. S. Securities and Exchange Commission (SEC On June 29, 2022, the U.

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BlackRock’s Bitcoin ETF Refiled With Nasdaq, Coinbase Onboard For Surveillance

Nasdaq has recently submitted an updated filing for the iShares Bitcoin Trust, which comes just a week after reports that the initial filings from both Nasdaq and the Chicago Board Options Exchange (Cboe) for their Bitcoin (BCT) Spot Exchange Traded Funds (ETFs) were criticized by the Securities and Exchange Commission (SEC) for “lacking clarity and […]

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SEC’s spot Bitcoin ETF approval “fairly high”: Bernstein

$650 billion asset manager Bernstein believes there’s a good chance of a spot Bitcoin ETF approval. The SEC’s argument for denial of a spot ETF while approving futures ETFs is unlikely to convince the court in the Grayscale vs SEC case.

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SEC Will Eventually Approve Bitcoin Spot ETFs, Anthony Pompliano Believes

Prominent VC investor reckons that recent SEC complaints about Bitcoin ETF filings are just formality

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Bitcoin remains mostly steady above $30.5k during weekend trading session

Quick Take During the weekend trading session, Bitcoin traded steadily above $30. 5k, with 24-hour liquidations almost split between longs ($32. 7M liquidated) and shorts ($34. 2M liquidated). Last week, Bitcoin temporarily broke below $30k as WSJ reported the SEC would block spot Bitcoin ETFs again.

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Cameron Winklevoss Calls SEC Refusal to Approve Bitcoin ETFs a Disaster for US Investors

Cameron Winklevoss has called out the U.S. Securities and Exchange Commission over its refusal to license spot bitcoin Exchange Traded Funds (ETFs). The post Cameron Winklevoss Calls SEC Refusal to Approve Bitcoin ETFs a Disaster for US Investors appeared first on BeInCrypto.

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Fidelity, VanEck and other moguls re-file bitcoin ETF applications

Several major investment firms have refiled their applications for spot bitcoin ETFs with the SEC, naming Coinbase as their exchange partner. Fidelity, WisdomTree, VanEck, and Invesco/Galaxy have all submitted applications.

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Fidelity, VanEck, and more refile spot Bitcoin ETF applications after reports of SEC rejections

Several asset managers have resubmitted applications for their spot Bitcoin ETFs following this morning’s reports that those applications did not meet the U. S. Securities and Exchange Commission’s (SEC) standards over language surrounding surveillance-sharing agreements.

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BTC Spot ETFs Rejected by SEC; Applications Lack Clarity

The U.S. Securities and Exchange Commission (SEC) has reportedly found the recent applications for spot Bitcoin exchange-traded funds (ETFs) to be lacking in clarity and comprehensiveness, according to the Wall...

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SEC finds spot bitcoin ETF applications lacking in details

The U.S. Securities and Exchange Commission (SEC) has reportedly found recent applications for spot Bitcoin exchange-traded funds (ETFs) wanting in specificity, despite filings from major players like BlackRock and Fidelity.

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Bitcoin Price Takes A Hit As SEC Deems Spot ETF Filings ‘Inadequate’

The US Securities and Exchange Commission (SEC) has reportedly told exchanges Nasdaq and Cboe that recent filings for spot Bitcoin (BTC) exchange-traded funds (ETFs) from asset managers including BlackRock and Fidelity were not “clear and comprehensive” enough.

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Litecoin (LTC) bounces strongly as bulls brush off brief retreat

Litecoin price bounced strongly to see bulls hit a 14-month high near $110. LTC last traded at these prices in April 2022, and could hit new multi-year highs as the Litecoin halving approaches. Prices fell to $84 earlier in the day after markets reacted negatively to news about spot Bitcoin ETfs.

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XRP Dips After SEC’s ETF Blow But A Rebound Looks Likely

The United States Securities and Exchange Commission (SEC) has raised concerns about the recent filings for spot Bitcoin exchange-traded funds (ETFs), stating that they are insufficient. This comes after asset management giants BlackRock and Fidelity submitted their applications to launch spot Bitcoin ETFs.

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US SEC deems spot Bitcoin ETFs filings as inadequate: Report

In the eyes of the SEC, the recent filings from BlackRock, ARK Invest, Fidelity and other asset managers are not “sufficiently clear and comprehensive.”

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Roughly $90M liquidated in 2hrs as Bitcoin sinks below $30K

Quick Take Roughly $90 million of liquidations occurred in the past two hours on the news that the spot ETFs that have been filed are inadequate, according to Wall Street Journal. Coinglass reported $87 million of liquidations in the past hour, while $100 million in the past four hours as Bitcoin broke below $30,000.

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Bitcoin briefly falls below $30k as SEC says spot Bitcoin ETF filings are inadequate

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.

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Bitcoin breaks below $30k as WSJ reports SEC will block spot Bitcoin ETFs again

Bitcoin’s value slid below the $30,000 mark as the Securities and Exchange Commission (SEC) signals an impending block on spot Bitcoin exchange-traded funds (ETFs), according to a report by the Wall Street Journal.

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Elliot Johnson argues surveillance agreement key to SEC approval of spot Bitcoin ETF

In an interview between Elliot Johnson of Evolve ETFs, a Canadian investment firm that manages the EBIT spot Bitcoin ETF, and Joe Carlasare, a commercial litigator supportive of Bitcoin, Johnson commented on what he views as the key to BlackRock’s potential success in obtaining its Bitcoin ETF — its surveillance agreement.

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Bitcoin ETFs In Motion: An Analysis Of Open Spot BTC ETF Applications In The Market

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How High Can Bitcoin Price Rise Due To Spot ETFs? Running The Numbers

The recent Bitcoin rally has led to speculation that the price could rise further with the introduction of spot ETFs. The arrival of ETFs, especially from reputable companies such as BlackRock and Fidelity, could boost institutional investor confidence and lead to a surge in the Bitcoin price.

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Investors flock to Purpose Bitcoin ETF

Quick Take BlackRock’s recent filing for a spot Bitcoin ETF sparked a wave of interest among other institutions, prompting them to file for their own spot ETFs. The Purpose Bitcoin ETF (BTCC.

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WisdomTree exec says data sharing agreements are a “key part” of Bitcoin ETF applications

Jeremy Schwartz, Global Chief Investment Officer at WisdomTree, commented on cryptocurrency spot exchange-traded funds (ETFs) on June 26. Surveillance agreements could make SEC “comfortable” During a CNBC interview, Schwartz said: “One of the things that recent [spot Bitcoin ETF] filings have in common … is that they are trying to have data sharing surveillance agreements […] The post WisdomTree exec says data sharing agreements are a “key part” of Bitcoin ETF applications appeared first on CryptoSlate.

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