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[ad_1] The recent regulatory green light for 11 Bitcoin spot exchange-traded funds (ETFs) has triggered fierce competition among asset management giants. Mike Novogratz, CEO of Galaxy Digital, anticipates a showdown between Invesco, Fidelity, and BlackRock, whose IBIT traded $7.5M shares in the first 10 minutes of the launch Amidst this crypto turbulence, Everlodge, a disruptor in […]

Grayscale applies for a covered call Bitcoin ETF

[ad_1] Grayscale Investments files for covered call Bitcoin ETF post-SEC’s GBTC approval. Covered call strategy leverages options on Grayscale Bitcoin Trust, targeting income. Grayscale’s legal triumph shapes the evolving regulatory landscape for cryptocurrency. Cryptocurrency asset manager Grayscale Investments continues its strategic moves in the crypto market, recently applying for a covered call Bitcoin ETF. This […]

Ethereum rallies to 20-month high as Bitcoin ETF approval spurs altcoin gains

[ad_1] Several large-cap cryptocurrencies, including Ethereum, Solana, Cardano, and others, rallied following the approval of a spot Bitcoin exchange-traded fund (ETF) in the U.S. BTC’s price mostly traded flat following the news, posting a modest 1.35% gain to trade at $46,258 as of press time. This price performance is surprising considering the hype and enthusiasm […]

Bitwise and VanEck to donate 10% ETF profits following SEC’s spot Bitcoin ETFs approval

[ad_1] SEC approves spot Bitcoin ETFs: A historic moment for mainstream crypto integration. Bitwise and VanEck donate 10% ETF profits to Bitcoin development: Philanthropy meets finance. Meme Moguls emerges as the world’s first meme-backed stock market, aiming for 100x growth. After the US Securities and Exchanges Commission’s (SEC) spot Bitocin approval, Bitwise, a major asset […]

Gensler issues warning ahead of SEC’s Spot Bitcoin ETF decision

[ad_1] Spot Bitcoin ETF applicants strategically adjust fees ahead of potential SEC approval. Invesco, Valkyrie, and WisdomTree reduce costs to attract investors. Gensler’s cautionary note; SEC emphasizes risks in cryptocurrency investments, warning of unique challenges. As the crypto community eagerly awaits the SEC’s decision on Spot Bitcoin ETFs, recent developments have intensified the competition among […]

Goldman Sachs joins major players in talks for Bitcoin ETFs amid SEC anticipation

[ad_1] Goldman Sachs eyes a pivotal role in collaboration with BlackRock and Grayscale. The regulatory landscape faces challenges, but SEC discussions with major exchanges signal a potential shift. The inclusion of reputable institutions like Goldman Sachs suggests increased confidence in addressing regulatory concerns. In a potential game-changer for cryptocurrency investments, Goldman Sachs is actively engaging […]

Shiba Memu’s presale and SEC’s latest Bitcoin ETF news

[ad_1] Shiba Memu on the cusp of market debut as SEC sets deadline for ETF amendments. The SHMU presale ends on December 30, 2023, with debut on crypto exchanges to follow. The SEC has asked spot Bitcoin ETF applicants to submit final changes by December 29, 2023. The crypto market is eyeing what could be […]