Australian Securities Exchange Approves First Spot Bitcoin ETF
The Australian Securities Exchange has approved the VanEck Bitcoin ETF, which will begin trading on June 20. The Australian Securities Exchange (ASX), the third-largest stock exchange in Australia, has authorized the trading of its inaugural spot Bitcoin exchange-traded fund (ETF) on June 20. VanEck, an investment firm, will be the issuer of the VanEck Bitcoin […]
Grayscale Adopts Cash Creation Model for Bitcoin ETF Bid
Grayscale, the largest crypto asset manager, has amended its filing to convert its Bitcoin trust into a spot ETF, opting for a cash creation model. The move comes as its parent company’s CEO steps down amid an SEC probe. Grayscale has made two significant moves in its quest to launch a spot Bitcoin ETF in […]
Ted Cruz Accepts Bitcoin Donations for Campaign
US Senator Ted Cruz has announced that he will accept Bitcoin and other cryptocurrencies as donations for his re-election campaign, following a trend of political figures embracing crypto. US Senator Ted Cruz (R-TX) has become the latest politician to join the Bitcoin bandwagon, as he revealed his decision to accept Bitcoin and other cryptocurrencies as […]
Galaxy Predicts 74% Bitcoin Price Growth After ETF Debut
At this point, a 74% increase brings Bitcoin to well over $59,000, which does not include “second-order effects,” according to Galaxy Digital. According to Galaxy Digital, the price of Bitcoin will increase by 74.1% in the first year following the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States. Charles Yu, a research associate […]
ARK 21 Shares spot Bitcoin ETF not Listed on DTCC Website
ARK Invest and 21 Shares’ joint spot Bitcoin ETF has not yet been listed, which is unfortunate for those who closely track new Bitcoin ETF filings. Despite social media speculation, ARK Invest’s spot Bitcoin exchange-traded fund (ETF) does not appear to be listed on the Depository Trust & Clearing Corporation (DTCC) website. On Oct. 25, […]