BlackRock, Valkyrie Name Authorized Participants Including JPMorgan for Bitcoin ETF
BlackRock will use J.P. Morgan and Jane Street as their authorized participants. Valkyrie has also named Jane Street in addition to Cantor Fitzgerald.
ETF
Bitcoin ETF Approval Tipped to Be ‘Sell The News’ Event: CryptoQuant
Bitcoin [BTC] is expected to experience a period of downside following a potential ETF approval over the coming weeks as trader’s unrealized profits linger at a level that historically precedes a correction, according to data provider CryptoQuant.
TaxWraps: Unwrap the Financial Gift of Tokenization This Christmas
As tokenization takes hold, we propose a way to defer tax liabilities, bringing the tax efficiencies of ETFs to a wide market.
BlackRock Received $100K Seed Funding for Spot Bitcoin ETF
The unknown seed investor agreed to purchase $100,000 shares on October 27, 2023, BlackRock’s latest filing reveals.
Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations
Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.
World’s Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
ProShares’ BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.
Bitcoin Buyer Quietly Accumulates $424M of BTC in 3 Weeks
An unknown entity has bought 11,268 bitcoin [BTC] worth $424 million since November 10 in what appears to be a time-weight average price (TWAP) accumulation strategy.
‘Buy the Rumor, Buy the News,’ on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase
With two months to go before the U.S. Securities and Exchange Commission (SEC) faces another set of deadlines to decide on a large number of applications to form spot bitcoin exchange traded-funds (ETFs), analysts are speculating on how approval of such vehicles would impact the crypto industry.
Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto
Gary Gensler’s SEC must now decide what to do about multiple applications for BTC and ETH ETFs (Jesse Hamilton/CoinDesk)
More Bitcoin ETF Rejections ‘Quite Likely,’ BitGo’s Belshe Says
BitGo CEO Mike Belshe said it’s “quite likely” the Securities and Exchange Commission (SEC) will reject a series of spot bitcoin ETF applications despite industrywide optimism.