Vaneck’s director of digital assets strategy has explained why people tend to underestimate the long-term impact of spot bitcoin exchange-traded funds (ETFs). He believes that upon the approval of a U.S. spot bitcoin ETF by the Securities and Exchange Commission (SEC), “bitcoin’s price trajectory could follow gold’s blueprint from 2004 and the years after, just much … [Read more...] about Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
ETFs
Are Spot Crypto ETFs Really Worth the Wait?
Why are we waiting on cryptocurrency ETFs? Seriously.I know there are now a few options to invest in bitcoin futures via an exchange-traded fund (ETF), and there are spot bitcoin ETFs available in Canada, but it seems like many financial advisors and writers are waiting with bated breath for a spot bitcoin ETF in the U.S. to suddenly open up the floodgates of digital asset … [Read more...] about Are Spot Crypto ETFs Really Worth the Wait?
SEC Delays Decision on Grayscale and Bitwise Spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) is pushing out its review of proposals by Grayscale and Bitwise for their spot bitcoin exchange-traded funds (ETFs) by 45 days, according to filings around both products. Grayscale is owned by Digital Currency Group, which is the parent company of CoinDesk. Source link … [Read more...] about SEC Delays Decision on Grayscale and Bitwise Spot Bitcoin ETFs
The SEC Still Doesn’t Like Spot Bitcoin ETFs
For a bitcoin ETF to win the day its issuer must establish what the SEC calls a “surveillance sharing agreement” with another major, compliance-minded market upon which the asset trades. It’s a simple argument, really. Any would-be manipulator would need to influence one market to reap gains on the other. If both those markets share data, then better the chances to catch the … [Read more...] about The SEC Still Doesn’t Like Spot Bitcoin ETFs
BlackRock iShares Exec Says Firm Has ‘No Current Plans’ to Launch Crypto ETFs: Report
BlackRock global head of iShares and index investments, Salim Ramji, said in an interview the $9.5 trillion firm has “no current plans” to launch cryptocurrency exchange traded funds (ETFs).“I personally think crypto - things like stablecoins and certainly things like distributed ledger technologies are a disruptive technology,” Ramji told the Financial News in an … [Read more...] about BlackRock iShares Exec Says Firm Has ‘No Current Plans’ to Launch Crypto ETFs: Report