Updated Jan 10, 2024, 04:46pm EST Topline The Securities and Exchange Commission announced Wednesday it greenlit the first spot bitcoin exchange-traded funds (ETF) in the U.S., a historic move for investors looking for exposure to the world’s largest digital asset. The SEC approved the first ever spot bitcoin ETFs. Copyright 2014 AP. All rights reserved.
Topline Several applicants seeking to launch bitcoin exchange-traded funds cut their proposed fees on the ETFs, as the battle for control of the much-anticipated asset class heats up ahead of U.S. regulators’ expected approval of the first-of-their-kind crypto funds Wednesday. Key Facts BlackRock and Ark Invest slashed their fees for their proposed spot bitcoin ETFs
After 2022 brought little but pain for bitcoin traders and cryptocurrency enthusiasts, this past year has been one for the books — and optimism abounds for the year ahead. Bitcoin, and cryptocurrencies more generally, performed quite well in 2023. Bitcoin was trading at just about $16,600 at the start of the year but charged to
symbol. Internet cryptocurrency state concept. getty If cryptocurrency were a sport, it would be boxing. “And we’re in the championship rounds,” says Asad Saddique, CTO of Cryptonary, a media and research platform for 195,397 traders and investors established in 2017. On October 1, 1981, Larry Holmes said, “Anything can happen in a fight between heavyweights.”