SEC Still Against Spot-based Bitcoin ETFs. Is There A Light At The End Of The...
With the approvals of futures bitcoin ETFs, firms have taken it one step further and have applied with the Securities and Exchanges Commission (SEC) for spot-based bitcoin ETFs. However, unlike their futures and short counterparts, the spot ETFs have not found favor in the eyes of the regulatory watchdog. And as more spot-based bitcoin ETF applications are declined by the SEC, questions have arisen about whether the market will see one anytime soon. Grayscale And Bitwise Applications Rejected Over the last month, anticipation had built up regarding spot-based Bitcoin ETF filings by both....
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Since its inception in 2012, XRP has seen several notable moments and achievements. Despite these significant milestones accomplished over time, one key development is poised to stand out the most and be the next big game-changer for the leading altcoin: the XRP Spot ETFs. Spot ETFs, The Crowning Moment For XRP While the XRP Spot […]
Data shows Bitcoin spot exchange-traded funds (ETFs) have seen netflows flip red, implying a slowdown in demand among institutions. Bitcoin Spot ETFs Have Switched To Net Outflows Recently In a new post on X, on-chain analytics firm Glassnode has discussed about the latest trend in the netflow of the US Bitcoin spot ETFs. The spot […]
As the price of Bitcoin pushes near its all-time high, several areas involving the crypto king, especially the Spot ETFs, are starting to turn remarkably green once again. With the Spot ETFs recording bullish closes, this renewed momentum is beginning to challenge the spot market trading. Institutional Capital Flows Bolster Bitcoin Spot ETFs The historic […]
The Depository Trust & Clearing Corporation (DTCC) has officially listed nine XRP ETFs, signaling that institutional appetite for Ripple’s native token is accelerating. The listings include both futures-based and spot-based products, suggesting that the first U.S. spot XRP ETFs may debut this month despite ongoing regulatory delays. Related Reading: Market Maker Balancer Compromised: Key Facts […]
Last month, the watchdog gave the thumbs-up to Teucrium's Bitcoin futures ETF, which is the first such vehicle to be approved under the '33 Act. The United States Securities and Exchange Commission has given the green light to Valkyrie's futures exchange-traded fund (EFT) application. This represents another ETF that has been approved by the SEC, which has previously accepted futures ETFs, but no sign of spot ETFs yet.As per the SEC document published Thursday, the application was filed under the Securities Exchange Act of 1934 using a 19b-4 form, the same law that spot Bitcoin (BTC) ETF....