Crypto markets have seen a slowdown in growth as U.S. lawmakers express concerns about the potential of a Bitcoin ETF. Secretary of the Treasury, Steven Mnuchin, and SEC Chairman, Jay Clayton, have joined Gensler in raising questions about the market’s high volatility and associated risks.
The SEC’s former chair, Mary Jo White, predicted an “inevitable” approval for Bitcoin spot exchange-traded funds (ETFs). White predicted an approval based on the SEC’s personal and institutional investor protection mission.
Crypto analysts at Bloomberg are predicting that the likelihood of the SEC approving a Bitcoin ETF this year is as high as 75%. This comes as institutions continue to embrace digital assets and as demand grows for regulated products to allow investors easy access to the asset class.
The U.S. Securities and Exchange Commission is reportedly set to approve the launch of Ether futures ETFs, according to Bloomberg. The move could provide more liquidity for the red-hot cryptocurrency asset.
The launch of Europe’s first Bitcoin Exchange Traded Fund (ETF) has been met with disappointment as BTC prices dropped $1.5K since its debut. But could Bitcoin ETFs be “sell-the-news” events? Investors will need to assess if these new instruments service the crypto market effectively.
DAN: ETFs have been on a tear lately, with many investors looking to capitalize on the recent surge. Gold, on the other hand, has been a safe haven for investors for centuries. Investing in gold […]
Cathie Wood, the CEO of ARK Invest, has recently predicted that multiple Bitcoin ETFs will be approved soon. This news has been met with excitement from the crypto community, as the approval of a Bitcoin […]
The US Securities and Exchange Commission SEC has reportedly initiated a review process of multiple Bitcoin Exchange Traded Funds ETFs including BlackRock’s This review could potentially lead to the approval of a bitcoin ETF