Net Outflows from Bitcoin ETFs Amount to $76M
According to Bloomberg ETF analyst James Seyffart, there were $76 million in net outflows from spot Bitcoin exchange-traded funds (ETFs) on their seventh day of trading.
According to Bloomberg ETF analyst James Seyffart, there were $76 million in net outflows from spot Bitcoin exchange-traded funds (ETFs) on their seventh day of trading.
Options trading may soon be allowed for spot Bitcoin ETFs in the US by the Securities and Exchange Commission (SEC) in the second half of February.
The South Korean Office of the President is urging the financial regulator to reconsider its stance on approving a local Bitcoin exchange-traded fund (ETF).
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.
"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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