US SEC Approves Grayscale’s Ethereum ETF Filing
Initially submitted on October 2, 2023, the proposal aims to convert the Grayscale Ethereum Trust, the largest Ethereum investment vehicle globally, into an ETF.
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Initially submitted on October 2, 2023, the proposal aims to convert the Grayscale Ethereum Trust, the largest Ethereum investment vehicle globally, into an ETF.
The recent incident is not the first security issue Okta has encountered. In the past, there have been several incidents involving Okta or its products.
As Bitcoin extends its rally to $35,000 clocking over 100% gains for 2023, let’s take a look at some crypto firms that have outperformed Bitcoin.
The US SEC is therefore expected to review Grayscale’s application to convert its GBTC to a spot Bitcoin ETF without prejudice.
The upcoming chips will enhance Microsoft’s efforts to help chip companies build Arm-based processors for PCs running on Windows as well as strengthen Nvidia’s position in competing with Apple.
If approved, the Bitcoin ETF is poised to revolutionize the accessibility of the crypto market for investors, offering a simplified avenue to invest in BTC without grappling with the intricacies of managing digital assets on crypto exchanges.
Bitcoin (BTC) price rallied to this year’s high of about $35k during the early Asian market amid speculation of spot ETF approval in the United States leading to high short positions being liquidated.
In light of its stellar performance and the resilience displayed in the face of challenges, Philips looks to uphold its commitment to creating enduring value and delivering sustainable impact in the long term.
The group is suggesting a coordinated international push to tax billionaires.
A strong price action in Gold this month has provided a bullish price momentum to Bitcoin with a price surge leading to $31,000. The macro conditions favour Bitcoin and Gold.
The Q3 figures for 2023 show that American Express pulled in record revenue despite increased expenses especially with customer engagements.
Many people across the globe are surfing the internet to understand the implications of the Bitcoin spot ETF approval and how they can maximize the benefits.
To underscore the bullish sentiments, the performance of Bitcoin forks reflects the same optimism among investors.
A federal court may formalize the ruling on Grayscale’s ETF today, officially vacating the SEC’s refusal to convert the GBTC.
Matrixport’s analysis suggests that if Tether’s (USDT) market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price could rise to $42,000, representing a conservative estimate.