Tag: ETFs

UBS Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors: Source

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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…

Vanguard, other tradfi giants boycott spot Bitcoin ETFs

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Financial institutions like Vanguard have no plans to allow spot Bitcoin ETF trading despite approval from the U.S. SEC.  While trading for spot Bitcoin ETFs opened on Jan. 11 across major U.S. exchanges like the Nasdaq and platforms such as Robinhood plan to swiftly add support for these products, some firms have reportedly blocked users from trading them.  Vanguard, the second-largest asset manager after BlackRock, reportedly said spot Bitcoin ETFs do not align with the company’s investment philosophy. In addition to not enabling trading for the newly approved products, Vanguard disabled…

Bitcoin ETFs Stir Optimism, Ambivalence and Dread Among Crypto’s Staunchest Supporters

“I don’t see bitcoin ETFs as clashing with what original proponents of crypto hoped for, because from the very start even the most idealistic strains of bitcoinism were always twinned with the raw desire to make money,” Koning said. “For the number to go up, more funds must be drawn in, which requires not only relying on the linkages already forged to traditional finance, like the integration with the card networks, but new forms of interconnection.” Source

Bitcoin ETFs and Wall Street: A Double Milestone

What’s more, it has done so with no corporation or government entity behind it, no VC money for its operations, no internal PR team. Bitcoin’s community is perhaps not so quiet, but the protocol itself has been remarkably lacking in drama. Running quietly in the background, the asset the network generates has found its way into institutional portfolios and retail holdings around the world, regardless of national boundaries and regulations. Source

GBTC, BTCO, FBTC, DEFI, BTCW Lead as Bitcoin ETFs Debut; IBIT Is in 6th Place

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…

Robinhood to add support for spot Bitcoin ETFs ‘as soon as possible’

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Online fintech brokerage firm Robinhood is about to join the Bitcoin ETF craze, saying the ETF approval is a key factor in advancing the integration of crypto with traditional finance. Robinhood CEO Vlad Tenev announced the company’s plans in a thread on X on Jan. 11, stating the broker aims to list all approved spot Bitcoin exchange-traded funds “as soon as possible.” Exciting update from Washington today! As a pioneer in offering spot crypto trading, Robinhood is thrilled about the @SECGov‘s decision to approve spot Bitcoin ETFs. We’ve been ahead…