Grayscale Applies to SEC for ‘mini’ spot Bitcoin ETF
Grayscale has applied to the US Securities and Exchange Commission to register a new “mini” variant of its exchange-traded fund (ETF), Grayscale Bitcoin Trust (GBTC), under the symbol “BTC.” On March 11, the investment manager filed Form S-1 with the Securities and Exchange Commission (SEC) of the United States. Establishing the Grayscale Bitcoin Mini Trust […]
Binance – SEC Court Hearing Postponed
A snowstorm in the region has caused the United States Securities and Exchange Commission (SEC) and leading cryptocurrency exchange Binance to postpone their previously scheduled court hearing. The U.S. securities regulator filed suit against Binance on June 5, 2023, alleging violations such as illegal operations within the United States and consumer deception. Additionally, Binance faced […]
ProShares Applies to SEC for 5 Bitcoin ETFs with Indirect Exposure
ProShares, is in the preliminary stages of establishing 5 Bitcoin (BTC) ETFs (two long and three short) that will provide indirect BTC exposure during the first days of spot Bitcoin ETF trading on local stock exchanges. ProShares wishes to introduce leveraged and inverse Bitcoin ETFs, according to a filing with the U.S. Securities and Exchange […]
Bitcoin Price Exceeds $45K for First Time in Almost 2 Years
In anticipation of a potential Spot Bitcoin exchange-traded fund (ETF), Bitcoin price has surpassed $45,000 for the first time since April 2022. As of January 1, Bitcoin was trading at $42,000, a significant increase of over 6% in the last twenty-four hours and 170% over the previous year, according to data from CoinMarketCap. Bitcoin has […]
7RCC Files for Eco-friendly Spot Bitcoin ETF with SEC
7RCC, an organization specializing in developing solutions for ESG-conscious investors, has applied for a carbon-neutral spot Bitcoin exchange-traded fund (ETF) in cryptocurrency with the US SEC. Per the application submitted to the Securities and Exchange Commission (SEC) of the United States, the ETF will prioritize serving investors committed to environmental, social, and governance (ESG) values. […]