Fidelity
Ether Capital CEO Unpacks Institutional Interest in U.S. Spot Bitcoin ETF Race
The race for a spot bitcoin ETF in the U.S. is in full swing with TradFi giants from BlackRock to Fidelity refiling their applications with the SEC. Ether Capital CEO Brian Mosoff share insights into the institutional demand for a bitcoin ETF, the regulatory headwinds, and the potential outcomes.
Brett Harrison Addresses Likelihood of a Spot Bitcoin ETF Approval in U.S.
Architect founder and CEO Brett Harrison weighs in on the future of spot bitcoin ETFs in the U.S. in the wake of Fidelity, WisdomTree, VanEck, ARK Invest, Galaxy/Invesco and BlackRock all filing applications over the past few weeks, “Is it arbitrary that the spot Bitcoin ETF cannot be approved when these other spot commodity ETFs have been approved in the past?” Harrison said.
Bitcoin Slips on Report of SEC Calling Spot Bitcoin ETF Filings Inadequate
Bitcoin (BTC) has slipped to the $30,000 level after the U.S. Securities and Exchanges Commission (SEC) said recent filings to launch a spot bitcoin ETF are inadequate, according to report from The Wall Street Journal. "The Hash" panel discusses the latest market reaction after recent spot bitcoin ETF applications from companies like BlackRock and Fidelity have helped drive bitcoin higher over the past two weeks.
Fidelity Refiles for Spot Bitcoin ETF
Asset management giant Fidelity has refiled paperwork for its Wise Origin Bitcoin Trust, joining the wave of spot bitcoin ETF applications after BlackRock (BLK), Invesco (IVZ) and WisdomTree. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses Fidelity's previous application that was rejected by the SEC in early 2022. Plus, insights on ARK Invest's inclusion of a surveillance-sharing agreement in its filing.
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.
Bitcoin Briefly Tops $31K After Fidelity Spot ETF Report
Bitcoin (BTC) saw a mid-morning price surge after The Block reported asset management giant Fidelity was preparing to file for a spot bitcoin ETF. A Fidelity Investments spokesperson told CoinDesk “we are not able to confirm or share an update.” "The Hash" panel weighs in on the recent flurry of spot bitcoin ETF filings from traditional finance giants in the U.S.
Bitcoin Cash Prices Spikes to Four-Month High; Open Interest Rises to 77%
Bitcoin Cash (BCH) has surged by 36.5% in the past three days after EDX, the exchange backed by Fidelity, Schwab and Citadel, listed the token alongside bitcoin (BTC), ether (ETH), and litecoin (LTC). "First Mover" hosts discuss the impact of EDX's launch on bitcoin cash and the broader crypto market.
Bankman-Fried's FTX Empire Holds $1.2B Cash Reserves; Senators Ask Fidelity to Reconsider Bitcoin 401(k)
Sam Bankman-Fried's FTX empire has $1.2 billion in cash as of Nov. 20, far below the $3.1 billion it owes its top 50 creditors. Fidelity should reconsider allowing retail clients exposure to bitcoin in their retirement accounts in light of the FTX collapse, said three Democratic senators in a letter on Monday. Bitcoin miner Core Scientific (CORZ) ended October with $32.2 million in cash and 62 BTC ($975,000), reiterating it may run out of money before the end of the year.
Institutional Investors Will Be Scared Away From Crypto for Some Time: Strategist
Who is going to stand to benefit from the FTX collapse? "People with big names and very large balance sheets," says Opimas CEO and founder Octavio Marenzi, referencing Fidelity and BNY Mellon. Plus, his outlook on institutional investment in crypto.
