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The long-awaited launch of bitcoin spot ETFs in the United States this year helped engender a wave of optimism that the value of the well-known cryptocurrency would quickly appreciate. The logic ...
On July 1, 2013, Cameron and Tyler Winklevoss filed the first application for a spot bitcoin ETF. The per-unit price of the cryptocurrency was around $100 at the time. The SEC denied their filing ...
While futures ETFs marked a big milestone in 2021, Sonnenshein believes the most critical one that brought these bitcoin spot ETF approvals was the D.C. Circuit Court of Appeals’ ruling in favor ...
On Tuesday, one day before the SEC’s decision on bitcoin ETFs was due, the SEC’s official X account was hacked. The attackers posted a rogue tweet claiming the funds had been approved, causing ...
By Manya Saini and Niket Nishant (Reuters) -Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency ...
The other thing to watch in the coming days is which of the Bitcoin ETF issuers gobbles up the biggest market share—history shows new ETFs are a winner-take-all business—and which firms just ...
January 10, 2024 at 3:50 PM. Drew Angerer—Getty Images. After a false start on Tuesday, the Securities and Exchange Commission on Wednesday finally approved spot Bitcoin ETFs. In a filing, the ...
The price of bitcoin hit $50,000 today, a month after the U.S. Securities and Exchange Commission approved 11 applications for spot bitcoin ETFs.. The issuers of those ETFs have seen demand ...