The Securities and Exchange Commission (SEC) is investigating a fake post on its official Twitter account that claimed the agency had approved bitcoin exchange-traded funds (ETFs). The post sent the price of bitcoin soaring briefly before the SEC quickly clarified that it had not, in fact, approved any such ETFs. The fake post, which was … Read more
The U.S. Securities and Exchange Commission (SEC) has recently updated its filing notices for eight different proposals to launch a spot Bitcoin exchange-traded fund (ETF). This marks a significant step forward in the long-awaited process of approving a Bitcoin ETF, which would allow investors to trade Bitcoin directly on a regulated exchange. The SEC’s increased … Read more
Major US Exchanges File Final Documents, Signaling Potential Approval Soon The long-awaited arrival of a U.S. spot Bitcoin exchange-traded fund (ETF) might be just around the corner. Major exchanges, including the likes of BlackRock, Coinbase, Fidelity, and VanEck, have submitted their final applications with the U.S. Securities and Exchange Commission (SEC). This marks a significant … Read more
The cryptocurrency world has been buzzing with anticipation ever since TD Cowen, an investment bank, predicted the SEC’s approval of a spot Bitcoin exchange-traded fund (ETF) by January 10th. This move, according to the bank’s analysts, is a “political necessity” for the SEC to solidify its role as the main regulator of the burgeoning crypto … Read more