Search results
Results from the Tech24 Deals Content Network
Spot-based ETFs basically allow investors to indirectly own an asset. When an investor buys shares in a spot-based ETF, they’re buying shares of the fund that owns that asset (e.g., BlackRock ...
US approves first spot bitcoin ETF applications for 11 issuers. Before now, the only crypto-focused ETFs in the U.S. were tied to futures contracts for bitcoin and Ethereum. Spot-focused crypto ...
Leading the spot bitcoin ETF pack is Grayscale Bitcoin Trust at $20.27 billion, followed by BlackRock’s iShares Bitcoin Trust at $3.31 billion and Fidelity’s Wise Origin Bitcoin Trust at $2.75 ...
A spot Bitcoin ETF, which tracks the current price of the popular cryptocurrency, had long been a pipe dream for the crypto industry, with the hope it could open new flows of investment from ...
Wed, Jan 10, 2024 · 1 min read. Chesnot via Getty Images. The Securities and Exchange Commission has approved the applications of 11 spot bitcoin ETFs in a highly anticipated decision that will ...
(Reuters) -Crypto asset manager Bitwise said on Friday that $240 million flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday.
The spot Bitcoin ETF run by the world’s largest asset manager, BlackRock, showed its early dominance in becoming the first among a newly approved group of crypto-linked financial products to ...
Bloomberg ETF analysts increased their odds from 65% to 75% that the SEC will approve a bitcoin spot ETF this year and are betting on odds of 95% by the end of 2024.