Spot Bitcoin ETFs Surpass $50 Billion in Trading Volume
Spot Bitcoin ETFs surpass $50 billion in trading volume within six weeks, fueled by regulatory approval and growing investor confidence.
Huang BoSpot Bitcoin ETFs surpass $50 billion in trading volume within six weeks, fueled by regulatory approval and growing investor confidence.
Huang BoThis article focuses on the approval of the Bitcoin spot ETF, a landmark event in the history of crypto assets, and analyzes the future regulatory trends of the crypto asset market.
JinseFinanceTen years after it was first proposed, a spot Bitcoin ETF has finally launched in the United States. What happens next.
JinseFinanceThe stock market showed positivity today, with the Nasdaq Composite gaining 112 points. Dow Jones Industrial Average rose by 0.45% to 37,695.73, NASDAQ increased by 0.75% to 14,969.65, and the S&P 500 marked a 0.57% gain, reaching 4,783.45. Individual stock highlights include Riot Blockchain (RIOT) -1.21%, Coinbase Global (COIN) -0.46%, NVIDIA Corporation (NVDA) +2.28%, MicroStrategy Incorporated (MSTR) -2.01%, and Tesla (TSLA) -0.43%. Factors influencing these stocks range from Bitcoin ETF approvals to regulatory developments and global market competition in the EV sector.
EdmundThis article compiles the latest prospectuses of 11 spot #Bitcoin ETFs launching tomorrow.
JinseFinanceIf the ETF is approved, only time will tell whether $1 billion to $2.4 billion will flow into the ETF as expected.
JinseFinanceBitcoin faces a decline amid the SEC's ongoing review of spot ETF applications. Despite concerns, evidence suggests a high probability of approval in January, with positive market sentiment and narrowing discounts supporting the outlook. The crypto community awaits official decisions, anticipating potential market impacts.
Cheng YuanTransparency regarding on-chain proof remains pivotal for the approval of spot Bitcoin ETFs. Despite the anticipation for approval, the lack of verifiable on-chain proofs from existing applicants raises skepticism. ETF issuers emphasizing genuine Bitcoin holdings may bolster trust. However, security concerns and fee competitions complicate the landscape. The SEC's expected decision by January 10 carries significant weight, although the possibility of rejection due to regulatory deliberations remains a concern.
Huang BoFidelity, one of the largest asset managers in the world, is reportedly preparing to submit its filing for a spot ...
BitcoinistThe proposed environmentally conscious spot ETF was found to be insufficiently protected against fraud and manipulation, like many ETF proposals before it.
Cointelegraph