Bitcoin ETF

Spot Bitcoin ETFs Amassing Bitcoin Faster Than MicroStrategy, Holding Over $10 Billion

Spot Bitcoin ETFs are on a buying spree, amassing 216,309 Bitcoins (worth $10.3 billion) in just 21 days since their launch. This surpasses even the holdings of MicroStrategy, the previous frontrunner with 190,000 Bitcoins.

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Ronin and Binance banners

Binance Lists Ronin (RONIN), EVM-Compatible Blockchain for Web3 Gaming

Binance adds Ronin (RONIN) to its trading platform, opening spot trading for RONIN/BTC, RONIN/USDT, RONIN/FDUSD, and RONIN/TRY pairs. This move further connects users to the Web3 gaming blockchain, but comes with a reminder of RONIN’s relative novelty and potential risks.

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FIDELITY building and a bitcoin logo

Fidelity FBTC Claims Third Spot in AUM Among Global Bitcoin ETF Issuers

The Fidelity Bitcoin Spot ETF (FBTC) has ascended to become the world’s third-largest Bitcoin ETF in terms of assets under management (AUM). This news broke courtesy of Vetle Lunde, senior analyst at K33 Research, whose post on the X platform paints a comprehensive picture of the state of Bitcoin spot ETFs in the United States.

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south koreean flag with a bitcoin and etf depictions stamped 'banned'

South Korea Maintains Crypto ETF Ban Despite US Approval

The U.S. approval of a spot Bitcoin ETF may signal a new era for cryptocurrency acceptance, but don’t expect South Korea to follow suit. The South Korean government has reiterated its ban on crypto ETFs, highlighting the diverging regulatory approaches to this emerging asset class worldwide.

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SEC headquarters with a Bitcoin logo marked with an approval sign

SEC Greenlights 11 Spot Bitcoin ETFs, Paving the Way for Crypto Investment

The U.S. Securities and Exchange Commission (SEC) has given the nod for the launch of 11 spot bitcoin exchange-traded funds (ETFs), set to commence trading on Thursday. This regulatory approval is poised to make cryptocurrency investing more accessible, ushering in substantial capital into the crypto space. The 11 approved spot bitcoin ETFs, each from different issuers, bring diverse features and proposed ticker symbols.

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crypto tokens with the image of a bull drawn on them

 Bitcoin ETF Approval Boosts Ethereum and Other Crypto Tokens

The SEC’s approval of the first-ever spot Bitcoin ETFs has sent the crypto market into a frenzy, with Ethereum and other crypto stocks surging to new highs. Bitcoin fell by 3% in 24 hours, but Ethereum rose by 8.1% in 24 hours, close to $2,450, reaching a nineteen-month high. Other crypto stocks such as LDO, RPL, ARB, OP, MKR, AAVE and ETC also gained momentum.

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SEC chairman, Gary Gensler with a twitter icon in the background

Gensler’s Crypto Warnings Seen as Prelude to Bitcoin Spot ETF Approval

SEC Chairman Gary Gensler has issued another cautionary message to crypto investors, urging them to be wary of the risks involved in crypto asset securities. This is the second day in a row that Gensler has tweeted such a warning, sparking speculation that he is preparing the market for a possible approval of a Bitcoin spot ETF.

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BlackRock's office with two US flags in all in a fast motion in a tunnel inscribed S-1

BlackRock Speeds Up Its Spot Bitcoin ETF Filing Process

BlackRock re-filed its S-1 registration statement for a spot bitcoin ETF on Friday, after receiving last-minute comments from the SEC. The quick turnaround time suggests that the asset manager and the regulator are eager to launch the product soon.

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Reporter and SEC logo with gavel

SEC, Stock Exchange Officials Meet Ahead of Potential Spot Bitcoin ETF Approval

The U.S. Securities and Exchange Commission met with major exchanges yesterday to discuss the pending applications for Bitcoin spot exchange-traded funds, according to people familiar with the matter.

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Reporter and Bitcoin logo inscribed Bitcoin spot ETF

Bloomberg Analyst: Bitcoin Spot ETF Approval Likely Despite Matrixport Doubts

Bloomberg Intelligence analysts have increased their odds of a U.S. spot Bitcoin ETF approval from 65% to 75%, citing recent developments that favor the crypto industry. They believe the SEC will have a hard time denying the applications, especially after losing a court case against Grayscale. A spot Bitcoin ETF would allow investors to directly access the underlying asset without intermediaries.

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