Bitwise Tops Bitcoin ETF Low-Fee Table, While Grayscale Bets on Size
Just one potential spot bitcoin ETF issuer has set a management fee above 1% as many of the others are asking for less than 0.5%.
Just one potential spot bitcoin ETF issuer has set a management fee above 1% as many of the others are asking for less than 0.5%.
The Grayscale Bitcoin Trust’s (GBTC) $27 billion of bitcoin and $350 million of daily volume gives Grayscale an advantage versus BlackRock and other wannabe rivals, according to Bloomberg’s Eric Balchunas.
The latest price moves in crypto markets in context for Jan. 8, 2024.
Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.
Releasing them suggests they’re confident the SEC will approve the first U.S. spot bitcoin ETFs soon.
The SEC is on the brink of approving a first spot bitcoin ETF in the U.S. after 10 years of failed applications.
BTC calls trade at a much lower premium to puts than in November, as some analysts expect the cryptocurrency to decline following the anticipated debut of spot ETFs in the U.S.
So far, only six potential spot bitcoin ETF issuers have revealed their charges, and Fidelity is the cheapest.
Reports swirled Thursday that the SEC was giving final comments to issuers and may approve multiple spot-based bitcoin ETF applications very soon.
The latest price moves in crypto markets in context for Jan. 4, 2024.