US SEC Accepts Bitwise Spot Bitcoin ETF
The SEC has now legally accepted the spot Bitcoin Exchange Traded Fund (ETF) product filed by Bitwise. The United States Securities and Exchange Commission (SEC) has accepted Bitwise’s application for a spot Bitcoin Exchange Traded Fund (ETF) product, a significant move for the cryptocurrency industry. The cryptocurrency sector needs the SEC’s approval of the Bitwise […]
ARK Invest Sells 135K Coinbase Shares as Price Rises to $90
Cathie Wood’s ARK Invest is profiting from its large Coinbase shares holding by selling a small portion of its hoard following a brief price rise to $90 on July 11. On July 11, Wood’s investment firm ARK sold $12 million worth of Coinbase shares from its largest exchange-traded fund (ETF), the ARK Innovation ETF. According […]
HSBC Approves Bitcoin, Ethereum ETF Trading in Hong Kong
HSBC Holdings plc, the largest bank in Hong Kong, has become the first bank in the region to offer crypto trading services to its customers. This move comes in response to the growing demand for cryptocurrency investments and the Hong Kong government’s interest in digital assets. Starting on June 26, customers of HSBC can buy […]
Bitcoin Equities ETF Launches on Euronext Amsterdam Stock Exchange
Bitcoin equities exchange-traded fund (ETF) is now available to investors for trading on the Euronext Amsterdam stock exchange. On June 22, the Bitcoin Equities ETF from French investment firm Melanion Capital began trading on the Euronext Amsterdam Stock Exchange, introducing an equity-based approach to investing in the Bitcoin ecosystem. BTC NA is designed to monitor […]
Bitwise Follows BlackRock’s Lead, Reapplies for Bitcoin Spot ETF
Bitwise Asset Management, on June 16, submitted a document requesting a change in regulation to allow for its upcoming Bitcoin spot ETF. Previously, the U.S. Securities and Exchange Commission (SEC) had denied Bitwise’s application for a Bitcoin spot ETF in June 2022. The SEC cited reasons such as the lack of a sufficient surveillance-sharing system, […]