Spot Bitcoin ETF Excitement Hits Main Street, Google Search Indicates Many market participants expect the SEC to greenlight the first U.S.-based spot bitcoin exchange-traded fund early next year. Continue Reading
Bitcoin ETF Rumor Had a Silver Lining and It’s Apparent in the Crypto Options Market The bitcoin options market has flipped bullish across different timeframes since Monday's erroneous ETF report. Continue Reading
Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns Also, there's a growing consensus that SEC approval of a spot bitcoin ETF is surely in the cards. Continue Reading
Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says Blockchain analytics firm CryptoQuant’s models predict that $155 billion will flow into the bitcoin market cap should the ETFs be approved. Continue Reading
What’s Next for Grayscale, Spot Bitcoin ETF After SEC Declines to Appeal Court Decision? One analyst believes SEC Chair Gary Gensler has little choice but to soon approve the long-awaited vehicle. Continue Reading
Grayscale ‘GBTC Discount’ Narrows to Near 2-Year Low as SEC Misses ETF Appeal Window The narrowing of the discount likely represents increased likelihood that Grayscale will be able to convert its close-ended bitcoin trust into a spot-based exchange-traded fund. Continue Reading
SEC Deadline on Grayscale’s Bitcoin ETF Dispute Approaching at Midnight 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. Continue Reading
Bitcoin Jumps 2%, Ignoring DXY’s Rise to 10-Month High; XRP Eyes Death Cross The uptick was initially led by spot market buyers, which squeezed out bearish derivative positions, one analyst said. Continue Reading