Tag: ETF

Grayscale Acknowledges First SEC Filed Legal Brief in Ongoing Spot Bitcoin ETF Lawsuit

Crypto asset manager Grayscale stated that the SEC had filed its first legal brief detailing its refusal to allow spot BTC ETFs. Grayscale Investments said the Securities Exchange Commission (SEC) has filed its inaugural legal brief in the ongoing crypto lawsuit. The digital currency asset management firm is currently entangled in a legal battle with the SEC over the rejection of its spot Bitcoin ETF application. In a statement issued on Friday, Grayscale said: “This is the next milestone in our ongoing litigation following the filing of our opening brief on October 11th and the supporting amicus…

Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC

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Bitcoin (BTC) stayed undecided on Nov. 24  as one trader reinforced a $12,000 BTC price target. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “main target” for bottom $12,000-$14,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $16,500 as an eerie calm continued on the market. The pair nonetheless failed to convince analysts that better times were on the way, and popular commentator Il Capo of Crypto suggested that it was only a matter of time before downside resumed. On both high timeframes (HTF) and low timeframes…

Approving a spot crypto ETF is ‘all about political power’ — Perianne Boring

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Perianne Boring, founder and CEO of blockchain advocacy group Chamber of Digital Commerce, placed the lack of approval of a Bitcoin exchange-traded fund in the United States squarely on Securities and Exchange Commission chair Gary Gensler, suggesting politics played more of a role than economics. Speaking to Cointelegraph at the Texas Blockchain Summit in Austin on Nov. 18, Boring said the events surrounding FTX’s collapse may have “emboldened the regulation by enforcement approach” from the U.S. Securities and Exchange Commission and Treasury, with Republican lawmakers likely to focus on oversight…

SEC pushes deadline to decide on ARK 21Shares spot Bitcoin ETF to January 2023

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The United States Securities and Exchange Commission, or SEC, has extended its window to decide on whether shares of ARK 21Shares’ Bitcoin exchange-traded fund could be listed on the Chicago Board Options Exchange BZX Exchange. In a Nov. 15 announcement, the SEC issued a notice for a longer designation period for the application of ARK 21Shares’ Bitcoin (BTC) ETF, originally filed with federal regulator on May 13. The SEC twice extended its window to approve or disapprove of the crypto investment vehicle in July with an extension and in August…

AMC, APE, GME, Bitcoin, Ethereum – Es ist passiert!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Über die folgenden Themen sprechen wir im heutigen Video: 00:00 Markt 04:32 AMC Entertainment 06:21 APE 07:40 GameStop (GME) 09:06 Bitcoin (BTC) 10:37 Ethereum (ETH) _______________________ ⭐Hier kaufe ich Aktien [Trade Republic]: (Gratis Aktie bis 200€) ⭐Mein Chartanalyse-Tool [TradingView]: ⭐Mein Krypto-Trading-Broker [FTX]: (-5% Trading-Gebühren lebenslänglich) _______________________ Kanalthemen: Trading, Chartanalysen, Mindset, Kryptowährungen, Aktien Twitter: Geschäftliche Anfragen: cryptokompass@web.de _______________________ *Disclaimer* Keine Anlageberatung im Sinne des WpHG – Sämtliche Inhalte dienen einzig der Information und Unterhaltung und spiegeln ausschließlich meine persönliche, subjektive Meinung wider. Zuschauer…

Rivals steadfast even as two Aussie crypto ETF providers bail

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Two digital asset exchange-traded fund (ETF) issuers in Australia are set to leave the market amid heightened regulator scrutiny and a deepened crypto winter, though some remain bullish about the market’s prospects. In the last week, Australian crypto ETF providers including Holon Investments and Cosmos Asset Management have indicated they may be stepping back from the crypto ETF scene. On Nov. 6, Holon said it might close its three retail crypto funds following a hardline stance from the Australian financial regulator which has accused the fund of failing to “describe…

Vitalik Buterin ‘kinda happy’ with ETF delays, backs maturity over attention

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The co-founder of Ethereum (ETH), Vitalik Buterin, believes that the crypto ecosystem needs to mature and be in tune with the regulatory policies that allow crypto projects to operate internally freely. Sharing his opinion around crypto regulations, Buterin spoke against the regulations that have an impact on the inner workings of a crypto ecosystem. Considering the current circumstances, he believed it was better to have regulations that allow inner independence to crypto projects, even if it hampers mainstream adoption. Buterin opined: “I’m actually kinda happy a lot of the exchange-traded…

Crypto Dominates the Worst ETF Debuts: FT

The five funds were all linked to the performance of crypto or blockchain. The worst performer was France-based Melanion BTC Equities Universe fund, which invests in companies such as bitcoin miners Marathon Digital Holdings (MARA) and Riot Blockchain (RIOT). The fund, which launched October 2021, has seen its value slide 76.9% in the past 12 months. Source

Cathie Wood’s ARK Fintech Innovation ETF Buys More Coinbase

Both Wood and ARK generally remain quite bullish on Coinbase and crypto in general. 13F filings show that ARK has 7.7 million shares of COIN, and added around 2 million shares to its holdings throughout the last year. Filings show that throughout all of ARK’s buys of COIN, it has paid an estimated average price of $218.45. Source