Browsing tag
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of […]
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of […]
BlackRock’s iShares Bitcoin Trust (IBIT) was one of the several such products to make its trading debut in the U.S. on Thursday after the Securities and Exchange Commission’s (SEC) approved the funds on Wednesday. IBIT accounted for roughly $1 billion of the total $4.6 billion of trading volume that the ETFs collectively saw. Source link
Asset manager Vanguard has blocked its customers from purchasing spot Bitcoin ETFs via its platform. That came as the ETFs began trading on Thursday and some people have said they will exit Vanguard. Meanwhile, headlines in coming months could focus on Pullix, a new hybrid exchange currently in presale. As crypto celebrates the approval of […]
Most issuers shared only preliminary data about inflows until Friday’s market opening and there might be further delays until Friday evening, Eric Balchunas, ETF analyst at Bloomberg Intelligence, noted in an X post. James Butterfill, head of research at digital asset manager CoinShares, said in an email that the full picture might not materialize until […]
On Tuesday, the SEC’s official X (formerly Twitter) account, @SECgov, tweeted that the agency had approved a number of spot bitcoin exchange-traded fund (ETF) applications to begin trading, a message that was ultimately shown to be faked by someone who was able to gain access to the account through the phone number associated with it. […]
Mike Novogratz expects SEC to approve a Spot Bitcoin ETF this year. Barclays analyst does not expect that to be a huge benefit for Coinbase. Coinbase stock is currently down over 30% versus its year-to-date high. Mike Novogratz – the Chief Executive of Galaxy Investment Partners expects the Securities & Exchange Commission to approve a […]
Based on current information, staff understands that, shortly after 4:00 pm ET on Tuesday, January 9, 2024, an unauthorized party gained access to the @SECGov X.com account by obtaining control over the phone number associated with the account. The unauthorized party made one post at 4:11 pm ET purporting to announce the Commission’s approval of […]
CoinShares exercises option to buy Valkyrie Funds following SEC’s spot ETFs approval. The acquisition will add $110 million in assets under management (AUM) to CoinShares’ $4.5 billion. It also allows the Europe-based asset manager to expand into the US. CoinShares, a digital assets investment firm based in Jersey, Channel Islands, has exercised its option to […]
The recent regulatory green light for 11 Bitcoin spot exchange-traded funds (ETFs) has triggered fierce competition among asset management giants. Mike Novogratz, CEO of Galaxy Digital, anticipates a showdown between Invesco, Fidelity, and BlackRock, whose IBIT traded $7.5M shares in the first 10 minutes of the launch Amidst this crypto turbulence, Everlodge, a disruptor in fractional […]