Tag: Approved

Worldwide Digital Asset-Based Exchange Traded Products AUM Rose 5% in Jan. as BTC Spot ETFs Approved – Blockchain News, Opinion, TV and Jobs

Please see below the most recent research on crypto ETPs from publicly listed digital asset and fintech investment business Fineqia (CSE:FNQ). Fineqia International, a leading digital asset and fintech investment business, announces that its analysis of global Exchange-Traded Products (ETPs) with digital assets as underlying collateral, revealed a 5% growth in total crypto Assets Under Management (AUM) in January, to $52.0 billion from $49.5 billion. During the same month, the market value of crypto assets decreased 2.7%, to about $1.73 trillion from $1.77 trillion. The difference between the growth in AUM of crypto ETPs and the…

JP Morgan Reveals Likelihood Of Spot Ethereum ETFs Getting Approved

boss

Now that Spot Bitcoin ETFs have been approved by the United States Securities and Exchange Commission (SEC), the crypto space anticipates more ETFs to enter the market, particularly Spot Ethereum ETFs.  Despite this, analysts at JP Morgan, an American multinational financial service firm, have revealed a less than optimistic outlook for the potential approval of Ethereum Spot ETFs.  Ethereum Spot ETF Approval Prospects In a note to clients issued on Thursday, January 18, JP Morgan analysts led by Nikolaos Panigirtzoglou, the Managing Director at the financial service firm, expressed their…

Bitcoin ETFs in US approved. What about Europe?

boss

While Americans have seen the adoption of Bitcoin (BTC) spot and futures ETFs, the situation in Europe is different. Bitcoin ETFs have been a hot topic for many months, as the approval of ETFs based on actual Bitcoin in the U.S. could potentially lead to an influx of funds from Wall Street institutions, possibly pushing the price of Bitcoin to new heights. How do Bitcoin ETFs work? Like traditional ETFs, Bitcoin ETFs are issued by financial institutions that invest in Bitcoin and manage the fund on behalf of investors. A…

Bitcoin Spot ETFs Approved After 14 Years- The Journey So Far

boss

The year 2024 marks the dawn of a new era, not just for technology but for finance, as a major victory was achieved for Bitcoin Spot ETFs (Exchang-Traded Funds). It’s now the era where the past will be appreciated for its foresight and doggedness.  When the pioneer cryptocurrency and digital currency, Bitcoin launched in January 2009, it was nothing like a real-world asset or of an ‘agreed’ digital value, but an almost neglected bag of gold as it faced enough rejection from all phases. Even with Satoshi’s Whitepaper, Bitcoin wasn’t…

Bitcoin takes center stage as ETF approved; AI altcoin targets in $3m presale

boss

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The launch of Bitcoin exchange-traded funds (ETFs) is generating excitement in the crypto market. Bitcoin (BTC) is poised to capitalize on this momentum by reaching a psychological price target of $50,000. Meanwhile, Borroe Finance (ROE) is gaining prominence as an AI-powered crypto project, with its presale fundraising nearing $3 million. Borroe Finance’s authenticity is highly verified With scams prevalent in crypto, Borroe Finance is emerging as a reliable defi project whose…

Retail Trading Giant Robinhood Lists Newly Approved Spot Bitcoin (BTC) Exchange-Traded Funds

boss

Retail trading giant Robinhood has listed the newly approved spot Bitcoin (BTC) exchange-traded funds (ETFs). The 11 greenlit BTC ETFs became available to the company’s customers on Thursday morning in both retirement and brokerage accounts through Robinhood Financial, according to a new press release. Robinhood chief executive Vlad Tenev says the new Bitcoin financial products help integrate crypto and traditional finance. “It not only offers clarity but also opens avenues for sophisticated risk management tools that benefit our customers in managing their digital asset investments.  Our ethos is ‘participation is…

Spot Bitcoin ETFs Approved: The Crypto Industry Reacts

“If the SEC is anti-crypto, they have shot themselves in the head. If they had just quietly approved the Grayscale ETF application all those many years ago, there would be a few crypto ETFs out there without much fanfare. By delaying as long as they have, they are creating a lot more free publicity for crypto. Also, they appear to be consciously setting it up so that multiple ETFs will start trading at the same time. Whatever the reason, they are invoking the marketing might of the biggest behemoths on…

Bitcoin ETF to be approved today

boss

The financial sector is abuzz, with a prominent Bloomberg analyst suggesting a Bitcoin ETF approval is just hours away. Senior ETF Analyst at Bloomberg, Eric Balchunas, took to X with a bold prediction, suggesting that the approval for a Bitcoin ETF will be announced later today. Although the approval has not been finalized, Balchunas indicated that all systems are set for an affirmative decision, likely between 4-6 p.m. EST, in time for the trading starting on Thursday. Happy ETF Approval Day (for real this time) to all those who celebrate..…