JPMorgan: Funds Will Move From GBTC to Other Bitcoin ETFs
JPMorgan analysts predict that if approved, registered Bitcoin ETFs could bring in up to $36 billion,.
JPMorgan analysts predict that if approved, registered Bitcoin ETFs could bring in up to $36 billion,.
According to investment bank TD Cowen, it is unlikely that the US Securities and Exchange Commission will approve spot Ethereum exchange-traded funds (ETFs) in the near future.
According to a statement released by the Financial Services Commission (FSC) of South Korea, there may be a violation of Korean law by US Bitcoin ETFs that have recently been listed.
Robinhood CEO Vlad Tenev announced that his company will quickly start offering spot bitcoin exchange-traded funds.
Despite a delay on Tuesday, the SEC has now given approval for some investment companies to offer spot Bitcoin exchange-traded funds.
According to Matrixport analyst Markus Thielen, there is little chance that the SEC will approve applications to launch a spot Bitcoin ETF in January.
Goldman Sachs is currently in discussions to become an authorized participant for spot bitcoin exchange-traded funds being considered for launch by BlackRock and Grayscale.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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