SEC Delays Spot Bitcoin ETFs Again, Crypto Market Drops
The SEC has postponed its decision on seven spot Bitcoin ETF applications, dampening the crypto market sentiment. This comes after Grayscale’s legal victory over the SEC, which had raised hopes for early approvals. The crypto market took a hit on Thursday as the U.S. Securities and Exchange Commission (SEC) delayed its decision on applications for […]
Grayscale Bitcoin Trust Surges After Court Victory Over SEC
Grayscale Bitcoin Trust (GBTC), the largest bitcoin investment vehicle in the world, saw its share prices soar by 17% after a favorable court ruling against the U.S. Securities and Exchange Commission (SEC) over its bid to convert to a spot bitcoin ETF. This is the latest development in the long-awaited quest for a bitcoin ETF […]
Issuer Classifies Jacobi spot Bitcoin ETF as Article 8 Fund
The issuer of Jacobi spot Bitcoin ETF has classified it as an Article 8 fund. These types of funds “promote environmental and social characteristics” according to the European Sustainable Finance Disclosure Regulation (SDFR). Bloomberg reported on August 29 that Jacobi Asset Management has classified its Bitcoin ETF as an “Article 8” fund . Consequently, the […]
Hashdex Files Spot Bitcoin ETF Application With U.S SEC
Hashdex files a Bitcoin ETF application with the US SEC to hold spot Bitcoin in the Bitcoin futures ETF. Hashdex, a cryptocurrency asset management company, has entered the US market for a Bitcoin ETF. To hold spot Bitcoin in the Bitcoin futures ETF, the world leader in cryptocurrency asset management, submitted an application to the […]
Jacobi Bitcoin ETF Launches on Euronext Amsterdam Exchange
The London-based digital asset management company Jacobi Investment Funds PCC announced that its new Bitcoin ETF is finally going live on the Euronext Amsterdam stock exchange on August 15, 2023, more than a year after its original 2022 launch date. As previously reported, the offering was billed as the first spot or physical-backed Bitcoin fund, […]