Spot Bitcoin ETFs were also reportedly not currently available for purchase on the brokerage platforms of Citi, Merill Lynch, Edward Jones and UBS.
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Spot Bitcoin ETFs topped $4.5 billion in trading volume on the first day of trading, but one of the issuers has clarified it hasn’t yet made the cut.
Hong Kong regulators seek to accelerate Bitcoin ETF approvals. Thailand handing out billions, Chinese bank’s blockchain patent: Asia Express.
The commission said the request was related to a July ruling in which a judge said the XRP token only qualified as a security when sold to institutional investors.
The new offering aims to hit the sweet spot between the company’s Enterprise and single-user offerings.
Crypto firms predict ETFs will unleash demand for Bitcoin-tied solutions, accelerating innovation in the Bitcoin ecosystem.
Many speculated that the SEC chair had no choice but to approve the investment vehicle after a court-ordered review of Grayscale’s spot Bitcoin ETF application.
The firm says the cuts were necessary to consolidate the team and "focus on a narrower and higher-impact set of activities."
Canada has had a spot BTC ETF for years, but the surge in interest from the U.S. may boost its neighbor’s market and increase competition.
Markets react positively to the first trading day for spot BTC ETFs, with Bitcoin rallying to nearly $49,000 and ETH hitting a 12-month high.
Pinpointing exact volume is difficult at the time of launch, as trade volume is currently a moving target.
ARK’s Tom Staudt believes Bitcoin has become a “public good” and should be available to all investors.
The WEF also noted that AI offers productivity benefits and breakthroughs in fields as diverse as healthcare, education and climate change.
Shares of the Bitcoin ETF offered by BlackRock rose roughly 22% in some pre-market activity and are trading at $28.64 at the time of publication.
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The blockchain ecosystems Hedera and Algorand collaborated on a new alliance and open source protocol to troubleshoot the need for decentralized recovery for digital assets.
BTC price volatility keeps up the pace as the first spot ETFs prepare to trade, but Ethereum hijacks Bitcoin when it comes to gains.
Crypto and Web3 have become arguably the most maligned tech in the world, with a dedicated group of critics.
Circle did not reveal the number of shares it plans to sell nor the proposed price range for the assets.