Bitcoin ETF / 12:57 am

How the US Government Shutdown Is Halting Crypto Progress on Wall Street

The longest government shutdown in U.S. history is hurting the crypto industry, too. As the impasse in Washington stretches into its record-breaking fourth week, the closure of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) has put key developments – namely, the approval and launch of products and services involving cryptocurrencies […]

Bitcoin ETF / 2:50 am

Bitwise Files for New Bitcoin ETF With SEC

Crypto startup Bitwise Asset Management has proposed a new bitcoin exchange-traded fund (ETF) that it says would address the regulatory concerns that doomed previous attempts. The company has filed an initial registration form proposing the Bitwise Bitcoin ETF Trust with the U.S. Securities and Exchange Commission (SEC). The fund would track the Bitwise Bitcoin Total […]

Banking / 10:12 am

Not Everyone Wants a Bitcoin ETF

While many traders eagerly await a potential bitcoin exchange-traded fund (ETF), some of the cryptocurrency’s most passionate advocates are lukewarm at best about the prospect of such an instrument. Twitter is flush with users like crypto entrepreneur Jonathan Hamel posting about how an ETF would bring an “epic” inflow of institutional capital to the ecosystem […]

Altcoins / 8:59 am

Flash Crash: Bitcoin [BTC] crumbles 11.35% as the speculative fingers point towards SEC’s Bitcoin ETF decision

Bitcoin [BTC], the poster child to all cryptocurrencies and the world’s largest cryptocurrency, quivers as the prices decline by massive 11.35% in a 24-hour period. The decline in the prices is speculatively attributed by the community to the US Securities and Exchange Commission [SEC]’s recent decision regarding the Bitcoin Exchange Traded Fund [ETF]. Bitcoin, the […]

Bitcoin ETF / 11:38 pm

SEC Moves to Make Decision on VanEck-SolidX Bitcoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF). The SEC published an “order instituting proceedings to determine whether to approve or disapprove a proposed rule change” filed by Cboe BZX Exchange, Inc. If approved, Cboe would have the green […]