Are Bitcoin Traders Planning for an ETF Approval?
Traders seem to be already pricing in the US Securities and Exchange Commission's (SEC) upcoming ruling on the Winklevoss bitcoin exchange-traded fund (ETF), according to most analysts polled by CoinDesk. Should the fund – sought by Tyler and Cameron Winklevoss – receive approval, the creation of an easily accessible investment vehicle could trigger a massive influx of capital and robust price increases, market observers have stated. As a result, the SEC decision, which has a deadline of 11th March, has drawn significant attention from traders. Potential impact. Several analysts spoke with....
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Dogecoin climbed after reports said the first US Dogecoin ETF won approval, even though its trading debut was pushed back. Traders piled in anyway, sending volume higher and sparking talk across exchanges and social channels. The memecoin’s bounce came amid mixed signals about timing. Related Reading: Institutional Adoption Rises: 21X Brings Chainlink Into Europe’s Tokenized Securities Market ETF Approval And Pushback Based on reports, the REX-Osprey Dogecoin ETF, ticker DOJE, received regulatory approval under the Investment Company Act of 1940. The fund had been expected to begin trading....
The anticipated approval of a spot Bitcoin Exchange Traded Fund (ETF) has dominated discussions among traders, analysts, and market observers over the past few days. With many speculating on the potential impact, the age-old strategy of “buy the rumor, sell the news” has been at the forefront of many conversations. Will the strategy push the […]
Bloomberg analyst James Seyffart has commented on the XRP ETF amendment filings and what they could mean in terms of a potential approval. These amendments followed the SEC’s delay of its decision on these funds till October, which is the final deadline. What The XRP ETF Amendment Filings Mean For Approval In an X post, […]
The conditional approval from the U.S. banking regulator follows Anchorage's approval last month.
NYDIG, a subsidiary of Stone Ridge Asset Management, has filed for regulatory approval from the SEC to offer a bitcoin exchange-traded fund. The post NYDIG Files For Bitcoin ETF Approval appeared first on Bitcoin Magazine.