Fink believes that a spot Bitcoin ETF has the potential to be as revolutionary for the financial sector in general as traditional ETFs were for the mutual fund industry.
Goldman Sachs reported that the total monthly Bitcoin inflows from miners to centralized exchanges almost doubled from May to $99 million in June.
According to ordinals launchpad Luminex, the BRC-69 standard will make recursive ordinals easy and also create additional enhancements.
There is a recorded rally in some Bitcoin stocks as the push for a spot BTC ETF continues with Cboe submitting multiple refilings.
Analysts have started giving price predictions of $36,000 for Bitcoin supported by stock market moves and drop in the volatility index.
Valued at about $127.69 million, Bitcoin Depot has more than 6,400 ATM outlets in North America, accounting for 20 percent market share.
The Nasdaq exchange refiled the Bitcoin ETF application after the SEC insisted the earlier documents were not clear despite being issued by the BlackRock investment fund manager.
The merger, which was first reported in August 2022 and cost around $885 million, was approved by the GSR II Meteora shareholders. It will allow investors buy Bitcoin Depot shares on the Nasdaq stock exchange from today, July 3.
The settlement of the ETH/BTC ratio futures will be linked to the value of CME Group Ether futures final settlement price, divided by the corresponding CME Group Bitcoin futures final settlement price.
Following BlackRock’s growing chance of an approval, Fidelity Investments has submitted another application for a spot Bitcoin ETF.
The state House of Representatives voted on the bill, with 73 out of 120 members voting in its favor, 40 members against it, and the remaining seven were absent.
MicroStrategy is currently the largest corporate holder of Bitcoins with its total BTC holdings at 152,333.
Before now, Damus users could exchange tips via Bitcoin using the Lightning Network.
Cboe has amended its spot Bitcoin ETF proposal to include an SSA agreement for market surveillance, to prevent fraudulent activity.
The SEC may prefer to give BlackRock the approval because of its reputation.