ETF
Valkyrie Refiles for Spot Bitcoin ETF, Naming Coinbase as Surveillance Partner
Valkyrie Digital Assets refiled its application for a spot bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission, joining asset managers including BlackRock and Fidelity in taking another stab at the process. "The Hash" panel discusses the recent flurry of recent spot bitcoin ETF applications from TradFi giants.
Coinbase, Microstrategy Shares Jump; Crypto ATM Operator Bitcoin Depot Goes Public
“CoinDesk Daily” host Jenn Sennasie explores some of the hottest stories in crypto, as bitcoin (BTC) crosses $31,000 and crypto ATM operator Bitcoin Depot makes its public debut. Meanwhile, bitcoin-adjacent stocks jump as Cboe's BZX Exchange refiles its applications for several spot bitcoin ETFs. And, a closer look at how the concert app for Harry Styles is taking fans in more than one direction with blockchain rewards.
Coinbase Will Be Surveillance Partner for Fidelity, Other Bitcoin ETFs: Filings
Cboe's BZX Exchange named Coinbase as the market for its surveillance-sharing agreement, when it refiled its spot bitcoin ETF fund applications for several would-be bitcoin ETF issuers on Friday. This comes after the SEC reportedly said recent spot bitcoin ETF applications were "inadequate." CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest developments for U.S. crypto regulation.
Bitcoin Maintains $30K Amid U.S. Spot Bitcoin ETF Optimism
Bitcoin (BTC) is holding steady around $30,000 as the market remains optimistic about a spot bitcoin ETF approval in the U.S. Maple Head of Growth and Capital Markets Quinn Thompson joins "First Mover" to discuss the potential macro factors moving bitcoin's price and the wider crypto markets.
First Leveraged Bitcoin ETF in U.S. Trades $5.5M on Day One
Volatility Shares 2x Bitcoin Strategy ETF (BITX), the first leveraged bitcoin ETF in the U.S., started trading on Tuesday, witnessing $5.5 million of volume on its first day, according to data from Bloomberg. Maple Head of Growth and Capital Markets Quinn Thompson shares his reaction, along with the potential market implications for a U.S. spot bitcoin ETF.
SBF's Motions to Dismiss Criminal Charges Rejected; What TradFi Giant Could Apply for Spot Bitcoin ETF Next?
"CoinDesk Daily" host Jennifer Sanasie breaks down the top crypto stories making headlines, including a federal judge denying FTX founder Sam Bankman-Fried's pretrial motions to dismiss criminal charges. Fidelity is reportedly expected to submit a spot bitcoin ETF filing. And, Robinhood is ending support for three tokens on Tuesday.
ProShares' Bitcoin Futures ETF Notches Biggest Weekly Inflow in a Year: Data
ProShares' Bitcoin Strategy ETF (BITO) recorded the highest weekly inflow in over a year, as bitcoin prices broke $30,000, according to data cited by Bloomberg senior ETF analyst Eric Balchunas. Investors poured $65 million into BITO in the past week, breaking a previous 2023 high of just over $40 million in April. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
U.S. Has Room for Compliant Crypto ETF to 'Grow Its Share' as a Bitcoin On-Ramp: Bernstein
Bernstein said in a research report that the Grayscale Bitcoin Trust (GBTC) is only 3% of the total bitcoin market cap, which means there is the “headroom for a compliant ETF to grow its share as a bitcoin on-ramp solving the pain of custody.” "The Hash" panel discusses how the TradFi giants like BlackRock filing for a spot bitcoin ETF application in the U.S. could impact the crypto industry. Grayscale is owned by CoinDesk’s parent company, Digital Currency Group (DCG).
Bitcoin’s ETF-Fueled Rally Puts Ether at Weakest Price Versus BTC in 2 Months
The price ratio between ether (ETH) and bitcoin (BTC) sank to a 2-month low as TradFi giants' applications for a BTC exchange-traded fund (ETF) sent bitcoin on a rally. 21.co co-founder and CEO Hany Rashwan discusses the recent price action of the two largest cryptocurrencies by market cap.
