SEC Twitter hack falsely announces Bitcoin ETF approval, causing price volatility. Security lapse exposed, leading to eventual real ETF approvals and significant crypto market implications.
BrianThese three stocks, MicroStrategy (MSTR), Cipher Mining (CIFR), and WisdomTree (WT), are poised for potential gains with Bitcoin ETF approval. MicroStrategy, led by Michael Saylor, remains a Bitcoin proxy with an aggressive acquisition strategy. Cipher Mining's cyclical dynamics and WisdomTree's ETP focus contribute to their appeal. However, investors should exercise caution due to crypto market volatility and regulatory uncertainties.
SanyaAmid the Bitcoin ETF approval chaos, the SEC faces scrutiny over the mysteriously deleted approval tweet and alleged cybersecurity breach. Critics argue for a thorough investigation into the SEC's handling, emphasizing the need for clarity in its regulatory mandate. The ongoing battle among financial institutions to lower fees for spot Bitcoin ETFs adds another layer of competition to the unfolding situation.
SanyaFormer SEC Chair Jay Clayton predicts imminent approval of the first Bitcoin ETF in the U.S., highlighting market and infrastructure improvements.
Cheng YuanPando Asset AG's recent filing for a spot Bitcoin ETF signals a strategic move in the competitive crypto landscape. The timing aligns with heightened anticipation of SEC approval, as Bitcoin experiences a notable rally. Pando's entry, alongside major players, underscores the evolving dynamics of the crypto market, presenting opportunities amid regulatory and economic uncertainties.
BerniceGrayscale Investments is actively pursuing SEC approval for its Grayscale Bitcoin Trust's conversion into a spot bitcoin ETF. Recent discussions with the SEC revolve around NYSE Arca's proposed rule change. Grayscale's persistent efforts, court mandates, and engagements with BNY Mellon showcase its commitment. GBTC outlines plans for listing and ongoing share issuance. The broader industry, including major players like BlackRock and Fidelity, is also navigating the SEC approval process for spot bitcoin ETFs.
Huang BoBailey, the CEO of BTC Inc. and a board member at the University of Alabama believes that BlackRock’s entry into the Bitcoin ETF market could tip the scales in favor of regulatory acceptance.
BitcoinistThe poll came from one of El Salvador's leading opposition newspapers, prompting a self-congratulatory Tweet from the 'Bitcoin President'.
CryptoSlateThe ProShares Bitcoin ETF broke an 18-year record as the fastest fund to reach $1 billion in assets under management.
CointelegraphThe regulator said it would be appropriate to “specify a longer period” of approval or disapproval of the proposed bitcoin ETF.
Cointelegraph