Category: Bitcoin ETF

Institutions are Adopting Crypto, Deutsche Börse’s Bitcoin ETF Trading Volume Nears Traditional ETFs

German exchanges hosting the bitcoin ETF recorded volumes equivalent to many of its popular traditional exchange-traded funds.  Bitcoin Exchange-Traded Crypto (BTCE), Deutsche Börse ETF  is one such product currently in high demand and recorded an average daily trading volume of  €57m in the first 11 days of January, reported Financial Times. The Bitcoin ETF traded […]

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JP Morgan Warns a US Bitcoin ETF Could Bust BTC Prices in the Short Term

The reasoning behind such a claim is that an approved ETF could potentially compete with and cause an outflow from the world’s largest traded cryptocurrency fund, Grayscale’s Bitcoin Trust. It was suggested that the ETF would erode the Grayscale Trust’s effective monopoly, sparking outflows and a slide in its premium to net asset value. This […]

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JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US

JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US

JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say. SEC Approving Bitcoin ETF Could Be Negative JP Morgan […]

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A New Attempt: VanEck Files for a Bitcoin ETF

A New Attempt: VanEck Files for a Bitcoin ETF

Following a couple of unsuccessful attempts, the New York City-based giant asset manager VanEck has filed another document with the SEC to launch a Bitcoin ETF. If successful, the VanEck Bitcoin Trust would reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. VanEck Tries Again For A BTC ETF Founded in 1955, VanEck is […]

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Vaneck Files New Bitcoin ETF Proposal With SEC Under New Administration

Vaneck Files New Bitcoin ETF Proposal With SEC Under New Administration

After successfully launched a bitcoin exchange-traded product in Europe, Vaneck has now filed a new proposal for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Under former chairman Jay Clayton, the SEC never approved a bitcoin ETF. However, Clayton has resigned from his post and changes may be coming from […]

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Breaking: Investment Firm With $49 Billion AUM Files SEC Registration For Bitcoin ETF

VanEck, a New-York based investment management firm just filed for their upcoming Bitcoin Fund with Securities and Exchange Commission (SEC).  The investment fund manager’s interest in Bitcoin only highlights the growing interest of mainstream financial giants towards Bitcoin. Prior to VanEck’s SEC filing today, GreenPro another publicly traded company filed for a $100 million Bitcoin […]

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Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75% interest per year. The […]

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Breaking: MicroStrategy Increases Security Debt Offering to $550 Million

MicroStrategy, the software and business infrastructure provider recently announced that it would be offering $400 million worth of convertible notes for investors and it would utilize the funds to buy more bitcoin. The firm today revealed that it has upsized the debt offering to $550 million along with the pricing details of their debt security […]

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Shark Tank’s Kevin O’Leary Ready to Put 5% of His Portfolio in SEC-Approved Bitcoin ETF

Shark Tank’s Kevin O’Leary Ready to Put 5% of His Portfolio in SEC-Approved Bitcoin ETF

Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, is ready to put 5% of his investment portfolio in a bitcoin exchange-traded fund (ETF) that is approved by the U.S. Securities and Exchange Commission (SEC). Long known as a bitcoin skeptic, O’Leary is worried about bitcoin’s volatility and wants regulators to be comfortable with […]

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