Pressure Mounts On SEC To Reconsider Spot Bitcoin ETF
A bitcoin spot exchange-traded fund could unlock $8 billion in value for investors if the SEC approves Grayscale’s bid to convert GBTC to an ETF.The Bitcoin ecosystem tends to be a very sensitive space with decisions, news, regulations and announcements by big financial institutions, governments and business magnates making the marketplace susceptible to wild fluctuations in price.A price boom that could storm the bitcoin market with a great impact on investors is a bitcoin spot exchange-traded fund (ETF) proposal. This ETF filing is quite promising considering its prospective influence....
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Pressure is mounting for SEC approval of Bitcoin Spot ETF in the U.S. following a new pending spot ETF approval in Canada spearheaded by none other than Fidelity Investments. Fidelity’s Bitcoin Spot ETF product listing is titled “Fidelity Advantage Bitcoin” and pending approval to launch in Canada ...
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The Ethereum Foundation (EF) has entered what its new co-executive directors call “a moment of transition and opportunity,” unveiling a comprehensive management shake-up and refreshed strategic vision through three coordinated blog posts published on Monday, 28 April. Hsiao-Wei Wang and Tomasz K. Stańczak, who have jointly steered EF for “almost a month,” announced that the […]