Bitcoin ETFs Launch Promotional Blitz After Google Allows ads
Using Google ads, many Bitcoin (BTC) exchange-traded fund issuers are vying for investors’ attention by offering the nation’s first basket of ETFs. On January 29, Google lifted its five-year ban on promoting cryptocurrencies through search results, responding to the U.S. Securities and Exchange Commission’s (SEC) approval of spot BTC ETFs. BlackRock and VanEck were the […]
Direxion Submits Five Leveraged Spot Bitcoin ETF Applications
Direxion filed to register five leveraged Bitcoin ETFs with the U.S. Securities and Exchange Commission (SEC) on January 18. According to documents from Direxion, there are plans to establish one Bitcoin fund for each fund with short leverage and one with long leverage of 1x, 1.5x, and 2x. Exchange-traded funds designed to mimic the daily […]
Rocket Pool X Users Alerted to Fake Hack by Hijacked Account
On January 17, a hacker compromised the Ethereum staking protocol Rocket Pool’s X account. The hacker requested that users move their assets by clicking on a fraudulent link. The hijacker of Rocket Pool sent a message outlining the bright contract flaws that the purported team had found. In order to prevent losses, the message instructed […]
Wall Street Firms Restrict Client Access to Spot Bitcoin ETFs
Prominent Wall Street firms, such as Vanguard and Edward Jones, issued investment restrictions for their clients after the SEC’s approval of 11 Spot Bitcoin ETFs. The Spot Bitcoin ETFs commenced trading on January 11, 2024, Thursday, signifying a momentous occurrence in the cryptocurrency industry. However, prominent Wall Street investment firms are not in good faith with […]
Hacked SEC Twitter Account Falsely Posts Approved Bitcoin ETFs
According to the Safety Team of the X platform, the U.S. Securities and Exchange Commission’s (SEC) Twitter account was hacked. The Twitter (X) account of the U.S. Securities and Exchange Commission (SEC) was hacked by an anonymous person, the social media platform’s Safety Team verified following an initial probe. The Bitcoin ETF announcement, which originated […]