Tag: ETF

Bitcoin ETF, CPI, inflation dominate crypto discourse

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Santiment data shows that the most trending topics in the crypto part of social media concern the Bitcoin exchange-traded fund (ETF), the consumer prices index (CPI) and inflation. Crypto social media mid-term trends. | Source: Santiment Bitcoin (BTC) ETF discussions being at the top of the list is hardly surprising. Many market participants are anticipating a spot Bitcoin ETF to be soon approved and the whole crypto market to be carried to new heights by this newfound accessibility — especially by more strictly regulated financial institutions. On Jan. 4, Bitcoin’s…

Buy the rumor, sell the news? Not with Bitcoin’s ETF

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Crypto market analyst known as Mr. Anderson on Twitter suggested that the old adage of “buy the rumor, sell the news” does not apply to the current situation. According to Anderson, selling when the Bitcoin (BTC) spot exchange-traded fund (ETF) is finally approved — as many market participants anticipate will happen very soon — is not a good idea. He wrote in a Jan. 2 tweet: There’s a big difference between saying Buy the Rumor, Sell the news 2-months ago vs saying it today.The point is that the big money…

Bitcoin Traders Pare Bullish Bias as Spot ETF Deadline Nears

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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 editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Valkyrie and ARK 21Shares file Bitcoin ETF registration of securities with SEC

Valkyrie and ARK 21Shares have recently submitted filings for spot Bitcoin ETFs, adding to the growing list of contenders seeking approval from the U.S. Securities and Exchange Commission. Valkyrie and ARK 21Shares have filed for 8-A registration of securities for a spot Bitcoin ETF with the SEC on Jan. 4, following the footsteps of Grayscale and VanEck earlier today and Fidelity, who filed yesterday. Lots of Bitcoin ETF issuers have amended their 8-A forms in recent weeks… ❓But what is an 8-A form….❓ SEC form 8-A is required by the…

Ex-Citigroup execs to launch alternative Bitcoin security amid ETF uncertainty

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In the face of ongoing uncertainty regarding the approval of spot Bitcoin ETFs, a new strategy has emerged from a group of former Citigroup executives.  The collective intends to introduce a novel Bitcoin financial product, a Bitcoin Depositary Receipt (BDR), that sidesteps the need for SEC approval. Recent reports have unveiled that Receipts Depositary Corporation (RDC), established by these ex-Citigroup leaders, is preparing to launch a financial instrument similar to American Depositary Receipts (ADRs) used for foreign stocks.  RDC’s official announcement shared plans to release the inaugural series of BDR,…

Pro-XRP lawyer offers perspective on Bitcoin ETF saga; Kaspa and InQubeta may extend gains

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto enthusiasts are buzzing about the potential approval of a spot Bitcoin exchange-traded fund (ETF) in 2024, anticipating positive impacts on altcoins. Meanwhile, investors are watching Kaspa (KAS) and InQubeta (QUBE). InQubeta introduces a new crowdfunding for crypto AI startups.  InQubeta is merging AI and crypto InQubeta offers investment opportunities in AI tech startups through fractionalized NFTs sold in a peer-to-peer marketplace.  Its investment model allows investors to diversify their portfolios by…

Will 2024 Be the Year of the Bitcoin ETF?

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 editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Crypto Market Can Easily Handle Bitcoin ETF Trading Volume, Which Could Be Worth Billions of Dollars

While the work of APs is considered the “primary” market, another key player, market makers, is needed in the “secondary” market, for example on exchanges, where most of the trading is done. Market makers build on the role APs fill by buying ETF shares when others want to sell them, and vice versa. If prices get out of whack, they can earn a profit by trading to nudge them back in line. In some cases, market makers also play the role of the AP. Source

Bitcoin (BTC) Price Targets $50,000 on BTC ETF Approval, Traders Say

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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 editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…