Report shows SEC will not allow leveraged Bitcoin ETFs
As stated in the Wall Street Journal, the SEC has instructed at least one asset manager not to proceed with preparations for a leveraged Bitcoin ETF. According to a report, the US Securities and Exchange Commission (SEC) would not allow leveraged Bitcoin Exchange-Traded Funds (ETFs). An exchange-traded fund is a type of financial product that monitors […]
VanEck will likely launch its Bitcoin Strategy ETF next week
The Securities and Exchange Commission, or SEC, is anticipated to approve asset management VanEck’s Bitcoin Strategy exchange-traded fund (ETF) on Monday, with trading to begin on Tuesday, the asset manager could be the first to follow ProShares. VanEck said in a filing with the Securities and Exchange Commissio n on Wednesday that the public offering […]
Bitcoin futures ETF may be delayed until 2022 – CFRA research firm
CFRA analyst Todd Rosenbluth believes a Bitcoin futures ETF will likely be approved in the US but regulatory uncertainty could be the cause for yet more delays in the process. According to Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA, crypto-asset investors may have to wait longer for a Bitcoin futures […]
XRP price aims for $1.50 after rising by 30% in 10 days
After making a bullish crossover between its 20-day and 50-day exponential moving averages, XRP has a strong probability of hitting $1.50 in the fourth quarter of 2021. (EMA). In the history of XRP charts , the so-called Golden Cross has occurred many times. The previous time that happened was on Aug. 10, when XRP reached […]
Gensler’s ‘simple’ ticket to a ‘victory’ may be a futures-based Bitcoin ETF
Gensler’s ‘simple’ ticket to a ‘victory’ may be a futures-based Bitcoin ETF. The Securities and Exchange Commission of the United States just authorised Volt Crypto’s ETF, and crypto fans are ecstatic. However, this is the closest approach to an ETF that has been approved by the Securities and Exchange Commission. And by doing so, the […]