Coinbase Downgraded to Underweight; Bitcoin ETF Catalyst May Disappoint: JPMorgan
The bitcoin ETF catalyst that pushed the ecosystem out of its crypto winter last year will disappoint investors in 2024, the report said.
The bitcoin ETF catalyst that pushed the ecosystem out of its crypto winter last year will disappoint investors in 2024, the report said.
Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said.
The federal judge must now weigh what a Coinbase lawyer characterized as “a pure question of law,” and her answer could have big consequences on the crypto sector.
The cumulative volume delta (CVD) indicator show traders from Binance have led the so-called “sell-the-fact” pullback in bitcoin.
A decade after they were first proposed, spot bitcoin ETFs are finally launching in the U.S. Here’s what’s next.
The SEC chair in his own words.
The exchange’s website listed six bitcoin ETF applicants to start trading tomorrow.
BlackRock had previously filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF).
Releasing them suggests they’re confident the SEC will approve the first U.S. spot bitcoin ETFs soon.
Net outflows from exchanges are often taken to represent investors’ intention to hold coins for long-term.