Institutional investors may benefit from the approval of spot bitcoin (BTC) exchange-traded funds (ETFs) as these products will allow them to trade a proxy with low management fees and engage more actively in arbitrage strategies and options hedging, Goldman Sachs (GS) said in a report. Spot bitcoin ETFs were finally approved in the U.S. on […]
Polymarket, a decentralized betting platform, reaped a windfall $5.7 million trading volume after the U.S. Securities and Exchange Commission (SEC) approved several spot bitcoin exchange-traded funds (ETFs) on Wednesday. The surge compares with December’s Read More
The European Union’s banking regulator held a public hearing on Thursday to discuss its proposed operational guidelines for stablecoin issuers under the upcoming Markets in Crypto Assets (MiCA) framework. During the hearing, officials urged Read More
The laser eyes on Ben Franklin suggest quite the battle is ahead as issuers of the newly approved bitcoin ETFs try to scoop up investors’ money. Hours after U.S. regulators approved the groundbreaking products Read More
U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler was among three of the five committee members who approved the filings that made the first-ever spot bitcoin (BTC) exchange-traded fund (ETF) a reality. A Read More
Grayscale, the manager of GBTC, is claiming bragging rights for being the first of the newly approved crop of spot bitcoin (BTC) exchange-traded funds (ETFs) to begin trading, a representative for the firm said on Read More
The Blockchain Association has rejected U.S. Massachusetts Senator Elizabeth Warren’s claims that former security officials collaborating with it seek to weaken the country’s “ability to catch and prosecute America’s enemies.” According Read More
Anthony Scaramucci, founder of Skybridge Capital, a private global investment firm, believes that the anti-crypto policies brought by the Biden administration might affect the outcome of the upcoming elections. He states that 52 million Americans, representing 20% Read More
The social media platform X has discontinued its non-fungible token (NFT) profile picture service, a feature introduced just last year in January 2022. The crypto community’s response to this move has been notable, with Kraken’Read More
Coinbase’s recent 2024 Market Outlook report was followed by a fresh analysis from its institutional arm, focusing on the pivotal market happenings linked to two leading cryptocurrencies: bitcoin and ethereum. This new report, titled “Q1 2024 Read More
