First Mover Americas: Bitcoin Spot ETFs Inch Closer to Reality in U.S.
The latest price moves in crypto markets in context for Oct. 16, 2023.
The latest price moves in crypto markets in context for Oct. 16, 2023.
One bull said bitcoin is “more valuable than gold” and will become a $15 trillion asset.
Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US.
The decision, reported by Reuters, boosts the odds that Grayscale Investments will be able to turn its Grayscale Bitcoin Trust (GBTC) into a more investor-friendly ETF.
The agency has hours left to seek an appeal of the court order to erase its rejection of Grayscale’s trust-to-ETF conversion application.
Privacy stalwart Samourai Wallet is an executive producer of “Death Athletic,” a forthcoming sinema about ghost-gun firebrand Cody Wilson.
Spot-based ETFs are widely expected to unlock floodgates for mainstream money. Flows, however, are likely to materialise overtime, according to Coinbase.
Major tokens seemed to stabilize on Friday morning following a week-long price drop.
While U.S. stocks have typically gone down, the date has historically been positive for bitcoin.
The 2019 playbook offers a bullish view for bitcoin as Fed officials signal pause in the rate hike cycle.