Galaxy Digital Files For Bitcoin ETF, Joining Growing List

Galaxy Digital Files For Bitcoin ETF, Joining Growing List

Galaxy Digital is now among the handful of groups that have filed for regulatory approval to offer a bitcoin ETF.Galaxy Digital, a digital-asset-focused investment firm owned by Mike Novogratz, has submitted a bitcoin exchange-traded fund (ETF) proposal to the U.S. Securities and Exchange Commission (SEC). The move sees Galaxy Digital join a steadily growing list of applicants interested in regulatory approval to offer a bitcoin ETF in the U.S., though none have yet been approved.Ever since recent management change in the SEC, several investment firms have submitted proposals to offer....


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Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray

The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called the “Galaxy Bitcoin ETF.” Galaxy Digital Wants to Provide a Bitcoin ETF Galaxy Digital Holdings (TSX: GLXY) filed a Form S-1 registration with the SEC on Monday in order to get approval for a new bitcoin ETF. The “Galaxy Bitcoin ETF” filing was submitted on April 12, 2021, and joins the....

Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intent...

According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional breach of its merger agreement” caused the lawsuit. Bitgo Seeks Damages From Galaxy Digital for Terminated Merger Agreement On August 16, 2022, Bitcoin.com News reported on billionaire investor Mike Novogratz’s Galaxy Digital terminating the company’s proposed....

Galaxy Digital Files for Bitcoin Futures ETF

Galaxy Digital has filed with the SEC for a Bitcoin futures exchange-traded fund under the Investment Company Act of 1940.

“Time To Switch To Satoshis” Says Galaxy Digital CEO Novogratz

It’s been a busy few months for crypto financial services firm Galaxy Digital. From sales to satoshis, the company has been making headlines. Galaxy Digital is fresh off the heels of acquiring digital assets infrastructure firm BitGo, and is one of four firms to lead a recent Canadian petition for an Ethereum ETF. Now, Galaxy […]

No Love For Mike: Galaxy Digital Loses $111 Million Amid Crypto Blood Bath

Galaxy Digital, a cryptocurrency-focused financial services corporation, reported a net loss of $111.7 million for the quarter ending March 31, 2022. Galaxy Digital Takes Hit In the first quarter of 2022, Galaxy Digital, a cryptocurrency investment firm led by billionaire Michael Novogratz, recorded a loss of $111.7 million. The deficit is a considerable fall from […]