CoinShares: Bitcoin Could Hit $58,700
The approval of a Bitcoin ETF and the expected loosening of monetary policy by the Federal Reserve in the first half of 2024 will push the cost of digital gold to around $58,700.
SEC Delays Decision on BlackRock’s Spot Ethereum ETF
The US Securities and Exchange Commission has delayed its decision on BlackRock’s proposed spot Ether exchange-traded fund (ETF) by one day.
Net Outflows from Bitcoin ETFs Amount to $76M
According to Bloomberg ETF analyst James Seyffart, there were $76 million in net outflows from spot Bitcoin exchange-traded funds (ETFs) on their seventh day of trading.
SEC Might Approve Bitcoin ETF Options Next Month, Analyst Says
Options trading may soon be allowed for spot Bitcoin ETFs in the US by the Securities and Exchange Commission (SEC) in the second half of February.
South Korea Urges Regulator to Reconsider Stance on Spot Bitcoin ETFs
The South Korean Office of the President is urging the financial regulator to reconsider its stance on approving a local Bitcoin exchange-traded fund (ETF).
JPMorgan: Funds Will Move From GBTC to Other Bitcoin ETFs
JPMorgan analysts predict that if approved, registered Bitcoin ETFs could bring in up to $36 billion,.
SEC’s Approval of Ethereum ETFs is Not Certain in Near Future
According to investment bank TD Cowen, it is unlikely that the US Securities and Exchange Commission will approve spot Ethereum exchange-traded funds (ETFs) in the near future.
