
May 6th, 2025
The Gemini founders filed for the first Bitcoin ETF with the US SEC ten years ago, which was rejected for almost the same reason the recent BlackRock and Fidelity products were dismissed.
Following BlackRock’s growing chance of an approval, Fidelity Investments has submitted another application for a spot Bitcoin ETF.
Cboe has amended its spot Bitcoin ETF proposal to include an SSA agreement for market surveillance, to prevent fraudulent activity.
Ledger launched an institutional-grade trading network to meet the risk management and regulatory requirements of institutions.
The SEC may prefer to give BlackRock the approval because of its reputation.
Once the investment giant Fidelity files for a spot Bitcoin ETF with the US SEC, it will be the second time following the dismissal of the first one two years ago.
Allaire noted that progress has been made in putting necessary market structures in place.
As per Bernstein research, there is the “headroom for a compliant ETF to grow its share as a bitcoin on-ramp solving the pain of custody”.
According to recent data, Bitcoin’s market depth and liquidity may be the reason why the king coin is still climbing in June.
Amid the strong recovery in the Bitcoin price this year, ProShares’ BITO witnessed a strong resurgence with growing institutional inflows.
The BITX being a 2x leveraged ETF can help investors to increase their profit two times faster than they would do without the leverage.
The addition of a Bitcoin equities exchange-traded fund product to the Euronext Amsterdam stock exchange is fantastic news for Dutch investors.
A flood of spot Bitcoin ETF applications coming from the wealthiest asset managers of the world has fuelled investor optimism with BTC price gaining more than 20% in the last three days.
Valkyrie’s application for a spot Bitcoin ETF is another submission that will likely be rejected by the SEC based on its antecedents.
The Bitcoin price rallied soon after the spot BTC ETF applications by WisdomTree and Invesco on Tuesday. Bitcoin extends its market dominance to 50% of the overall crypto market.