ETF | ForkLog - Part 51

ForkLog 13 09.01.2024

Gary Gensler Warns of Bitcoin Risks Ahead of ETF Decision

Gary Gensler, the head of the SEC, has cautioned about the volatile nature of crypto assets. His thread appeared two days before the decision on spot Bitcoin ETFs. 1⃣ Those offering crypto asset investments/services may not be complying w/ applicable law, including federal securities laws. Investors in crypto asset securities should understand they may be […]

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ForkLog 13 08.01.2024

Grayscale’s Proposed Bitcoin ETF Management Fee Surprises Analysts

In an updated S-3 form, Grayscale has reduced its management fee from 2% to 1.5% as part of the proposed conversion of its Bitcoin Trust into a spot ETF. Experts compared this with offerings from other potential issuers of similar products. Bloomberg analyst James Seyffart noted that the lowest rate of 0.24% was proposed by […]

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ForkLog 7 08.01.2024

Anticipation Builds for Bitcoin ETF: Insights and Predictions from the Crypto Community

This week, the SEC is set to hold a crucial vote on applications for launching spot Bitcoin ETFs. Updated documents were required to be submitted by the morning of January 8 in Washington, according to Bloomberg. Valkyrie, BlackRock, Grayscale, Bitwise, Hashdex, Invesco Galaxy, Fidelity, Franklin Templeton, VanEck, WisdomTree, and ARK Invest with 21Shares have met […]

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ForkLog 13 06.01.2024

Bitcoin ETF Issuers Submit Final Amendments to SEC

BlackRock, Grayscale, Fidelity, VanEck, Valkyrie, Hashdex, Franklin Templeton, Bitwise, Wisdomtree, ARK Invest, 21Shares, Invesco, and Galaxy have submitted updated 19b-4 forms to the SEC, reports The Block. The latest amendments to the spot Bitcoin ETF applications bring issuers to the “home stretch,” noted Bloomberg analyst James Seyffart. We’re not over the finish line yet. But […]

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ForkLog 11 04.01.2024

Matrixport Predicts SEC Will Reject Spot Bitcoin ETF Applications in January

Matrixport analyst Markus Thielen believes that the U.S. Securities and Exchange Commission (SEC) will reject all applications for launching a spot Bitcoin ETF in January.

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ForkLog 20 02.01.2024

Cryptocurrency Exchange Trading Volume Surpasses $1 Trillion

For the first time since September 2022, the monthly trading volume on cryptocurrency exchanges has exceeded $1 trillion.

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ForkLog 9 30.12.2023

Bitcoin-ETF issuers file updated applications with the SEC

BlackRock, VanEck, Valkyrie, Fidelity, WisdomTree, Bitwise, Franklin Templeton, Invesco and Galaxy filed final amendments to their spot Bitcoin ETF applications.

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ForkLog 6 28.12.2023

CryptoQuant: ETF approval could push Bitcoin price to $32,000

A potential approval of a spot Bitcoin ETF in the United States could trigger a 'sell the news' scenario, placing heavy pressure on the price of the leading cryptocurrency.

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ForkLog 7 28.12.2023

Analyst Warns That Launch of Spot Bitcoin ETF Threatens Bitcoin

The launch of a spot Bitcoin ETF contradicts the idea of non-custodial storage and could pose fundamental problems for the asset.

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ForkLog 8 27.12.2023

Experts raise concerns over SEC requirements for Bitcoin ETFs

The proposed SEC requirement for potential spot Bitcoin ETFs regarding issuance and redemption will make these products less efficient, according to venture investor Nic Carter and BitMEX experts.

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ForkLog 11 27.12.2023

Cathie Wood highlights progress in the SEC’s understanding of the crypto industry

The depth of the SEC's knowledge and the crypto industry's issues have improved, increasing the chances of a swift approval for spot Bitcoin ETFs. This view was voiced by ARK Invest CEO Cathie Wood.

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ForkLog 17 26.12.2023

CoinGecko: Bitcoin funds hold 3.8% of the Bitcoin supply

Bitcoin funds and the Grayscale Trust hold 793,034 BTC (~$34 billion), or 3.8% of the total Bitcoin supply, according to CoinGecko.

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