Bitcoin Hits One-Year High, Soars Past $31.3K
The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.
BlackRock
Will BlackRock’s Bitcoin ETF Take the Spirit Out of the Honey Badger?
Financial advisors will want a simple story to tell.
Bitcoin Breaks $30K Amid TradFi Push Into Crypto
The world’s largest cryptocurrency by market value, bitcoin, had not reached levels above $30,000 since June 2022.
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.
BlackRock’s Spot Bitcoin ETF Not The Same As Grayscale’s Product, Experts Say
Exchange Traded Fund (ETF) terminology can sometimes be tricky, and fund management giant BlackRock’s application for a spot Bitcoin ETF has raised some questions.
BlackRock’s Bitcoin ETF Would Be a Big Deal
And it doesn’t really matter if it’s technically a trust.
GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF
Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.
BlackRock May Have Found Way to Get SEC Approval for Spot Bitcoin ETF
Blackrock’s (BLK) iShares Bitcoin Trust application to the U.S. Securities and Exchange Commission (SEC) this week might stand a better chance than previous attempts by other fund managers thanks to the promise of a “surveillance-sharing agreement” between exchanges.
BlackRock Close to Filing for Bitcoin ETF Application: Source
BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the source said.
Silvergate Uncertainties May Put TradFi Heavy Hitters’ Stakes in Jeopardy
Silvergate shares have tumbled 29% in after hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing.