Tag: ETF
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Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing
[ad_1] Fees, as measured by median gas prices, spiked to as high as 270 gwei late on Thursday, temporarily touching a level last seen in June 2022. That pushed up costs of trading swaps to anywhere from $60 to $100 for a few hours. Gwei is a small unit of ether (ETH) equal to one-billionth…
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Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF
[ad_1] Move over Bitcoin ETF, it is time for Ethereum to take the center stage. $9 trillion asset manager BlackRock has revealed its intention to to launch a spot Ethereum ETF, and it already sent the price per ETH above $2,000. Ethereum ETF News From BlackRock Prompts Break Above $2,000 Ethereum sentiment has recently been…
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Sizing the Massive Spot Bitcoin ETF Opportunity
[ad_1] Another reason a U.S. spot bitcoin ETF is such a big deal is because of its advantages over other trading vehicles and the resulting increased likelihood of greater adoption. Relative to spot, futures, proxy stocks, OTC-traded trusts, and private funds, ETFs offer a unique and advantaged combination of fees/transaction costs, liquidity, tracking error, and…
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Bitcoin (BTC) Price Saw 27% October Surge as Traders ‘Panic Bought’ Amid Spot Bitcoin ETF Enthusiasm. Is $40,000 Next for BTC?
[ad_1] ETFs would be a big deal for bitcoin because they’re far easier for the average investor to buy than the cryptocurrency itself or existing bitcoin investment products, like the Grayscale Bitcoin Trust (GBTC) with $21 billion assets under management. The U.S. Securities and Exchange Commission rejected GBTC’s conversion into one, but courts have eviscerated…
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Bitcoin Now Up Over 110% This Year In Anticipation of Spot ETF Approval And Halving
[ad_1] Bitcoin has risen over 110% in 2023 at the time of writing, where the price of the asset started the year off at $16,677 on January 1, has now pumped to above $35,000 only 10 months later. With more room to run this year as hype builds in the market around the potential approval…
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Bitcoin Price Prediction: As Spot Bitcoin ETF Approvals Edge Closer, The Sky Is The Limit For BTC – And This Presale Coin
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin (BTC) price is being influenced by broader market volatility and the possible approval of spot Bitcoin exchange-traded funds (ETFs). With applications for spot Bitcoin ETFs and Ether ETFs making headlines, investors are carefully watching every move made by applicants and…
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Ark 21Shares, VanEck Start Bids for First Ether ETF in the U.S.
[ad_1] The exchange filed 19b-4 documents on Wednesday, formally kicking off a review process. Once the U.S. Securities and Exchange Commission (SEC) acknowledges the filings, it will start a 240-day clock for a final decision. The SEC will have a number of intermediary deadlines to make a decision, but has traditionally taken the maximum number…
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Expert Market Analysts Agree A Spot Bitcoin ETF Is A Matter Of When, Not If
[ad_1] The crypto community has been kept at the edge of its seat as the SEC decided to postpone a decision on the 7 Spot Bitcoin ETFs filed over the last few months. During such a pensive time, market analysts have predicted the SEC authorizing a Spot Bitcoin ETF while the former SEC Chairman foresees…
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SEC Delays BlackRock, Fidelity, And Other's Spot Bitcoin ETF Applications
[ad_1] The SEC has just delayed BlackRock, Fidelity, WisdomTree, Invesco & Galaxy, VanEck, Bitwise, and Valkyrie’s spot Bitcoin ETF applications, as first reported by Bloomberg ETF analysts James Seyffart and Eric Balchunas. This was the first SEC decision deadline in the listing process for these applicants since filing, with the delays pushing these applications back another…
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WisdomTree and Invesco Galaxy Spot Bitcoin (BTC) ETF Applications Delayed by SEC
[ad_1] Judge Neomi Rao, writing for the unanimous court, said the SEC’s denial of the application was inconsistent with the approval of a pair of bitcoin futures ETFs, and did not explain why it viewed these types of products differently given the underlying bitcoin market had a “99.9% correlation” between spot and futures market prices.…
