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VanEck files updated spot Bitcoin ETF application – crypto.news
The asset manager submitted an amended S-1 Form with the SEC on deadline day, switching to cash-only subscriptions like most issuers seeking spot Bitcoin ETF approval. VanEcks update did not name the authorized participants for its VanEck Bitcoin Trust, an exchange-traded fund aiming to invest in the largest cryptocurrency by market cap at its spot price. Several other issuers like BlackRock have filed amended prospectus briefs to the cash-only edict stressed by the U.S.
Heres When Bitcoin Could Start To Really Take Off, According to Crypto Investor Nic Carter – The Daily Hodl
Castle Island Ventures founding partner and Coin Metrics co-founderNic Carter is predicting when Bitcoin (BTC) could start soaring again. In a new Bloomberg Television interview, Carter says he believes Bitcoin will take off in price months after the possible approval of spot Bitcoin exchange-traded funds (ETF) in the US
Chairman Leaves Grayscale Bitcoin Trusts Sponsor as Investors Await Call on ETF – Barron’s
Just as cryptocurrency fans are expecting the first regulatory approvals of exchange-traded funds that hold Bitcoins, the sponsor of the Grayscale Bitcoin Trust said that its chairman will resign. Barry Silbert will step down Jan.
Analyst Says Bitcoin Run Just Starting, May Extend Till 2025 – The Crypto Basic
Despite Bitcoins already eye-catching returns this year, prominent analyst Ali Martinez believes the cryptocurrency is still in the early phase of a bull market. Bitcoin is having a year to remember. The leading cryptocurrency has gained 158% in the past 12 months, and aims to end the year on a high off the back of anticipation of the launch of a spot Bitcoin ETF in the U.S
Funds Cash In Ahead of Spot Bitcoin ETF Approval. Will BTC Pull Back? – DailyCoin
As the crypto market holds its breath, waiting for the SECs approval of Bitcoin ETFs early next year, the worlds largest asset managers cash in through their existing blockchain and crypto-related exchange-traded funds (ETFs). Yet the manner and timing in which they take profits send confusing signals to the crypto community about the volatility of Bitcoins price
Bitcoin faces short-term price correction risks, says Bitfinex analyst – The Block – Crypto News
Bitcoin continues to face price correction risks due to sell pressure from short-term holders and the illiquid market environment during the holiday season, an analyst said. "We expect more drawdown if short-term holders and retail leverage continues to play a dominant role in the market and cause a continued pullback on a relatively illiquid holiday season market environment," Bitfinex Head of Derivatives Jag Kooner told The Block
Coinbase appoints new head of custody amid Bitcoin ETF preparations – crypto.news
Coinbase has changed its head of custody, potentially as a strategic decision for handling services related to spot Bitcoin ETFs. The departure of Aaron Schnarch, the former Chief Executive Officer of Coinbase Custody, marks a pivotal shift in the companys leadership. Schnarchs position has been filled by Rick Schonberg, who joined Coinbase in 2021 and brings experience from previous stints at Goldman Sachs, State Street, and Tagomi.
Is It Too Late to Buy Marathon Digital Stock? – The Motley Fool
Marathon Digital's (MARA -16.43%) stock has soared about 640% over the past 12 months. The bulls rushed back to the Bitcoin (CRYPTO: BTC) miner as the cryptocurrency's price stabilized and recovered from its steep decline in 2022. But is it too late to buy Marathon's stock after that massive rally
Bitcoin Token ORDI Surges to New High, Nearing Top 50 Coins – Decrypt
The price of ORDI, by far the most valuable token minted using the Bitcoin BRC-20 standard, touched a new all-time high Friday as it inches nearer and nearer to the top 50 cryptocurrencies by market cap.
As bitcoin ETF saga hits possible homestretch, here’s what to watch for – Blockworks
As industry watchers eye the potential approval of spot bitcoin ETFs, one analyst says specific application updates in the coming days could be the difference between firms being able to launch such products, and not.