(Agustin Diaz Gargiulo/Unsplash)

BlackRock's Spot Bitcoin ETF Starts Trading in Brazil

The asset manager's geographic expansion of the iShares Bitcoin Trust ETF (IBIT) follows its successful introduction in the U.S. in January.
(Agustin Diaz Gargiulo/Unsplash)
Vanguard logo (John Keeble/Getty Images)
Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs. Will His Replacement?
The question some are now asking is whether the firm will pivot on crypto after Tim Buckley leaves.
Vanguard logo (John Keeble/Getty Images)
Morgan Stanley (Shutterstock)
Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources
Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platfo...
Morgan Stanley (Shutterstock)
Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)
Coinbase to Report Strong Earnings, ETF Benefits May Surprise Wall Street, Analysts Say
Coinbase is expected to report strong revenue numbers, given an uptick in crypto trading volume towards the end of 2023.
Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)
It's been a successful first month for the spot bitcoin ETFs. (Getty Images)
Bitcoin ETF First Month Is in the Books: How It Went and What Comes Next
It's been a successful launch, but things could get really interesting once much of the wealth management industry comes on board, which could be sooner than thought.
It's been a successful first month for the spot bitcoin ETFs. (Getty Images)
MicroStrategy's BTC holdings have been overtaken by the new spot ETFs, ex-GBTC (Marco Bello/Getty Images)
Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy
The bitcoin exchange-traded funds (ETFs) through Wednesday held a combined 192,255 bitcoin, more than 2,000 above that of MicroStrategy, the largest publicly traded holder of...
MicroStrategy's BTC holdings have been overtaken by the new spot ETFs, ex-GBTC (Marco Bello/Getty Images)

The Latest News on the Bitcoin ETF

(Agustin Diaz Gargiulo/Unsplash)
BlackRock's Spot Bitcoin ETF Starts Trading in Brazil

The asset manager's geographic expansion of the iShares Bitcoin Trust ETF (IBIT) follows its successful introduction in the U.S. in January.

(Agustin Diaz Gargiulo/Unsplash)
Vanguard logo (John Keeble/Getty Images)
Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs. Will His Replacement?

The question some are now asking is whether the firm will pivot on crypto after Tim Buckley leaves.

Vanguard logo (John Keeble/Getty Images)
Morgan Stanley (Shutterstock)
Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources

Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platfo...

Morgan Stanley (Shutterstock)
Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)
Coinbase to Report Strong Earnings, ETF Benefits May Surprise Wall Street, Analysts Say

Coinbase is expected to report strong revenue numbers, given an uptick in crypto trading volume towards the end of 2023.

Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)
It's been a successful first month for the spot bitcoin ETFs. (Getty Images)
Bitcoin ETF First Month Is in the Books: How It Went and What Comes Next

It's been a successful launch, but things could get really interesting once much of the wealth management industry comes on board, which could be sooner than thought.

It's been a successful first month for the spot bitcoin ETFs. (Getty Images)
MicroStrategy's BTC holdings have been overtaken by the new spot ETFs, ex-GBTC (Marco Bello/Getty Images)
Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy

The bitcoin exchange-traded funds (ETFs) through Wednesday held a combined 192,255 bitcoin, more than 2,000 above that of MicroStrategy, the largest publicly traded holder of...

MicroStrategy's BTC holdings have been overtaken by the new spot ETFs, ex-GBTC (Marco Bello/Getty Images)
All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)
Investing in 'Gold' – Via Bitcoin – Is Cheaper Than Ever

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like a...

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)
BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)
BlackRock’s Bitcoin ETF Inflows Climb to Fifth-Highest Among All ETFs in 2024

Fidelity's spot ETF also garnered a ranking in the top 10 of fund inflows so far this year.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)
BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)
BlackRock’s Bitcoin ETF First to Reach $2B in AUM

The fund now holds nearly 50,000 bitcoin after adding almost another 4,300 tokens on Thursday.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)
Grayscale's GBTC profit taking likely over, easing bitcoin (BTC) selling pressure: JPMorgan
Grayscale's GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan

Around $1.3 billion has shifted from GBTC to new spot bitcoin ETFs, equivalent to a monthly outflow of about $3 billion per month, the bank said in a report.

Grayscale's GBTC profit taking likely over, easing bitcoin (BTC) selling pressure: JPMorgan
Grayscale Investments CEO Michael Sonnenshein
Is Grayscale Takeover Bait Amid Bitcoin ETF Battle?

Experts said newcomers in the bitcoin investing game could be enticed by Grayscale, the incumbent with a huge lead.

Grayscale Investments CEO Michael Sonnenshein
Bitcoin plunges below $40K (Eva Blue/Unsplash)
Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria

Analysts at 10x Research are eyeing the $38,000 level for a potential bottom.

Bitcoin plunges below $40K (Eva Blue/Unsplash)
Bitcoin bulls mull some good news (John Angel/Unsplash)
Bitcoin Bulls Buoyed by Report of FTX's $1B GBTC Sale

Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought.

Bitcoin bulls mull some good news (John Angel/Unsplash)
(Adobe Firefly)
FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy e...

(Adobe Firefly)
Bitcoin ETFs had more assets than silver ETFs the instant the SEC approved them last week. (Scottsdale Mint/Unsplash)
Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities

The newly launched bitcoin exchange-traded funds already have nearly $30 billion in assets under management. Silver ETFs only have $11 billion.

Bitcoin ETFs had more assets than silver ETFs the instant the SEC approved them last week. (Scottsdale Mint/Unsplash)
Bitcoin ETF net inflows approach $1B (Shutterstock)
Bitcoin ETF Net Inflows Near $1B After Three Days

Total assets grew even as Grayscale's GBTC saw sizable outflows as investors cash in following its conversion to a spot ETF.

Bitcoin ETF net inflows approach $1B (Shutterstock)
(Thomas M. Barwick/Getty Images)
After the ETF: ​​Bitcoin’s Coming Power Struggle

The approval of bitcoin ETFs last week sets up a potential fight between Bitcoin Maxis and giant Wall Street institutions, says Michael J. Casey.

(Thomas M. Barwick/Getty Images)
Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)
BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple

Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)
The bitcoin halving could lead to a "miner exodus," CoinShares said in a new report. (Tony Litvyak/Unsplash, modified by CoinDesk)
Will the Next Bitcoin Halving Be Another Hype Cycle?

After investors "sold the news" of the launch of bitcoin ETFs, market watchers are looking for the next event that could drive market prices.

The bitcoin halving could lead to a "miner exodus," CoinShares said in a new report. (Tony Litvyak/Unsplash, modified by CoinDesk)
HONG KONG; OCT 1: the jp morgan building in hong kong on 1 October 2017. JPMorgan is a U.S. multinational banking and financial services holding company headquartered in New York City
JPMorgan Sees Significant Capital From Existing Crypto Products Pouring Into New Spot Bitcoin ETFs

The newly created ETFs could attract inflows of up to $36 billion from other crypto products like Grayscale Bitcoin Trust (GBTC), a report said.

HONG KONG; OCT 1: the jp morgan building in hong kong on 1 October 2017. JPMorgan is a U.S. multinational banking and financial services holding company headquartered in New York City
SEC logo (Nikhilesh De/CoinDesk)
SEC Comments on Hack of Its X Account and Resulting Fake Bitcoin ETF Approval Announcement

The regulator's latest update on the hack suggests it never lost access to the account.

SEC logo (Nikhilesh De/CoinDesk)
Bitcoin price Jan. 12, 2024 (CoinDesk)
BTC Tumbles Below $42K, Coinbase and Miners Plunge as Bitcoin ETF Mania Becomes 'Sell the News' Rout

Previous landmark events such as Coinbase's stock exchange listing and ProShares' futures-based bitcoin ETF debut happened near market tops.

Bitcoin price Jan. 12, 2024 (CoinDesk)
(Noah Silliman/Unsplash)
Bitwise, Fidelity See Biggest Bitcoin ETF Inflow, Grayscale Loses Only $95M in Early Tally

BlackRock's IBIT saw the third-biggest inflow, though the data might be incomplete, analysts pointed out.

(Noah Silliman/Unsplash)
Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)
BlackRock CEO Larry Fink Backs Ether ETF

The asset management giant may now be looking to list an equivalent product for ether, the native token of the Ethereum blockchain, as part of its ongoing journey toward token...

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)
Sale (Justin Lim/Unsplash)
Franklin Templeton's Bitcoin ETF Now the Cheapest After 10 Basis Point Reduction

After initially revealing their fees on Monday, several providers then reduced them spying the impending battle for market share that would ensue once the funds were approved

Sale (Justin Lim/Unsplash)
Jean-Marie Mognetti, CEO CoinShares (CoinShares)
CoinShares Exercises Option to Buy Bitcoin ETF Provider Valkyrie to Add U.S. Arm

CoinShares said the decision is a direct result of the SEC's approval for spot bitcoin ETF listings.

Jean-Marie Mognetti, CEO CoinShares (CoinShares)
Books, pile, education (sweetlouise/Pixabay)
Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators

Bitcoin's experience cautions traders against betting bullish on volatility on the day of the ETF approval.

Books, pile, education (sweetlouise/Pixabay)
South Korea flag (Daniel Bernard/ Unsplash)
South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law

Further review and consideration regarding crypto ETFs is planned, the regulator says.

South Korea flag (Daniel Bernard/ Unsplash)
Hal Finney.
Bitcoin ETFs Secure Approval Exactly 15 Years After Hal Finney’s Iconic ‘Running Bitcoin’ Tweet

Finney, who died in August 2014, was also the first person besides Bitcoin’s pseudonymous creator, Satoshi Nakamoto, to download and run Bitcoin’s software.

Hal Finney.
Securities and Exchange Commission Chairman SEC Gary Gensler (Jesse Hamilton/CoinDesk, modified)
Gary Gensler Voted to Approve Bitcoin ETFs, Despite Public Criticism

Three out of five committee members approved the various filings that gave the green light for the first-ever spot bitcoin ETFs to be offered in the U.S.

Securities and Exchange Commission Chairman SEC Gary Gensler (Jesse Hamilton/CoinDesk, modified)
Bull and Bear (nosheep/Pixabay)
Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations

Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.

Bull and Bear (nosheep/Pixabay)
It’s not Coinbase itself that worries, Halborn COO David Schwed. It's the comparative lack of experience and regulation between TradFi and crypto-natives. (Photo by Steven Ferdman/Getty Images)
The Biggest Bitcoin ETF Threat No One Is Talking About

A majority of bitcoin ETF issuers have chosen Coinbase as a custodian, which is a concentration of risk. Even if that is the safest option, new cybersecurity standards are nee...

It’s not Coinbase itself that worries, Halborn COO David Schwed. It's the comparative lack of experience and regulation between TradFi and crypto-natives. (Photo by Steven Ferdman/Getty Images)
UBS logo (Claudio Schwarz/Unsplash)
UBS and Citi Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors

The banking giants' decisions contrast with Vanguard's decision to bar customers from buying bitcoin ETFs.

UBS logo (Claudio Schwarz/Unsplash)
(Jesse Hamilton/CoinDesk, modified)
Gary Gensler’s Bitcoin ETF Clown Show

From hacks to unnecessary delays to ungracious statements, the SEC chair has made few friends as he finally approves these in-demand BTC products for the first time.

(Jesse Hamilton/CoinDesk, modified)
Ark Invest CEO Cathie Wood
Cathie Wood Sees Bitcoin Price Reaching $1.5M by 2030 After ETF Approval

ARK Invest's CEO previously predicted the price would reach $1 million by 2030.

Ark Invest CEO Cathie Wood
(Piotr Swat/Shutterstock)
Investment Giant Vanguard Blocks Clients From Buying Bitcoin ETFs

An attempt to purchase BlackRock's iShares Bitcoin Trust (IBIT) and the Grayscale Bitcoin Trust (GBTC) through Vanguard failed.

(Piotr Swat/Shutterstock)
Bitmain Antminer S19 Hydro mining rigs (Eliza Gkritsi/CoinDesk)
Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts

Mining stocks represent an attractive opportunity for investors looking to gain access to the long-term bitcoin adoption trade, the analysts wrote.

Bitmain Antminer S19 Hydro mining rigs (Eliza Gkritsi/CoinDesk)
(TradingView)
Grayscale’s GBTC Discount Closes to Zero for First Time Since February 2021

Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.

(TradingView)
(Jim Henderson, modified by CoinDesk)
BlackRock's Bitcoin ETF Could Attract a Record $3B Inflow in First Trading Day: CF Benchmarks

The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.

(Jim Henderson, modified by CoinDesk)
Bitcoin price index (CoinDesk)
Bitcoin Briefly Tops $49K Before Selling Off as ETF Trading Frenzy Commences

Cryptocurrency-focused stocks such as Coinbase and bitcoin miners are also down significantly since Thursday's market open.

Bitcoin price index (CoinDesk)
(Chenyu Guan/Unsplash)
Bitcoin ETFs and Wall Street: A Double Milestone

The U.S. listing of ETFs based on spot BTC is more than a milestone for Bitcoin. Noelle Acheson points out that it is also a milestone for Wall Street.

(Chenyu Guan/Unsplash)
Moody's website
Bitcoin ETFs Too Small to Affect Broader Investment Landscape, Moody’s Analysts Say

The exchange-traded funds will allow better access to bitcoin through regulated entities and draw institutional investors, but the crypto is still a very small asset class, Co...

Moody's website
Satoshi Nakamoto published the Bitcoin white paper on Halloween Day in 2008. (Jonathan Borba/Unsplash, modified by CoinDesk)
Bitcoin ETFs Stir Optimism, Ambivalence and Dread Among Crypto's Staunchest Supporters

They make the asset class "less of a scary concept" to mainstream audiences, bitcoin advocate Jameson Lopp said.

Satoshi Nakamoto published the Bitcoin white paper on Halloween Day in 2008. (Jonathan Borba/Unsplash, modified by CoinDesk)
Mining rigs (Sandali Handagama)
Bitcoin Miners May Be Due a Breather After Spot ETF Approval, JPMorgan Says

The total market cap of the listed miners in the bank’s coverage has increased 131% since the end of September, the report said.

Mining rigs (Sandali Handagama)
The bitcoin ETF race is one. (Dallas Reedy/Unsplash)
Grayscale, BlackRock Top Bitcoin ETF Volume Ranking as Products Debut

Here's a ranking of the 11 newly trading bitcoin ETFs, in terms of first-day trading volume.

The bitcoin ETF race is one. (Dallas Reedy/Unsplash)
SEC logo (Nikhilesh De/CoinDesk)
Ether ETF Hopes Drive Smart Money Bets After Historic Bitcoin ETF Approval

Bets on Ethereum tokens may spark a reversal of fortunes for ETH investors, especially as the token underperformed bitcoin in 2023.

SEC logo (Nikhilesh De/CoinDesk)
BlackRock is one of the big-name providers offering a spot bitcoin ETF. (Jim Henderson, modified by CoinDesk)
Bitcoin ETF Approval Is Likely to Benefit Institutional Investors: Goldman Sachs

ETFs offer better investor protection, increased liquidity and lower tracking error than closed-end funds and trusts, the report said.

BlackRock is one of the big-name providers offering a spot bitcoin ETF. (Jim Henderson, modified by CoinDesk)
Ben Franklin with laser eyes (Franklin Templeton via X)
Ben Franklin's Laser Eyes Suggest a Tough – and Quirky – Battle for Bitcoin ETFs

Franklin Templeton, the $1.5 trillion asset manager, gave its famous logo a glowing, crypto-y tweak after the SEC approved bitcoin ETFs, possibly girding for a tough battle wi...

Ben Franklin with laser eyes (Franklin Templeton via X)
NYSE building in New York (Michael M. Santiago/Getty Images)
Bitcoin ETFs: What to Expect on Day One

A decade after they were first proposed, spot bitcoin ETFs are finally launching in the U.S. Here's what's next.

NYSE building in New York (Michael M. Santiago/Getty Images)
U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk)
Gary Gensler's Begrudging Bitcoin ETF Concession: 'We Did Not Approve or Endorse Bitcoin'

The SEC chair said a court forced his hand and that the agency's decision to greenlight a spot bitcoin ETF doesn't signal support of that or any other digital asset.

U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk)
Wall Street sign with American flags and New York Stock Exchange in Manhattan, New York City, USA. (Getty Images)
ETF Euphoria Shows Bitcoin Needs Wall Street After All

Is an ETF at odds with Bitcoin’s goal of breaking away from Wall Street? Absolutely. Is that same ETF also necessary for crypto to grow? Also yes.

Wall Street sign with American flags and New York Stock Exchange in Manhattan, New York City, USA. (Getty Images)
SEC Chair Gary Gensler (Alex Wong/Getty Images)
Bitcoin ETFs Approved: The Industry Reacts

In a milestone for crypto adoption, the SEC today gave the green light to the trading of Bitcoin exchange-traded funds (ETFs). CoinDesk rounded up reaction from across the cry...

SEC Chair Gary Gensler (Alex Wong/Getty Images)
Bitcoin price on January 10 (CoinDesk)
Bitcoin Tops $47K, Ether and Grayscale's GBTC Jump After SEC Approves Spot Bitcoin ETFs

Now, attention turns to how much demand these investment vehicles will attract.

Bitcoin price on January 10 (CoinDesk)
Ophelia Snyder (right) with 21Shares co-founder Hany Rashwan
Bitcoin ETF Listings Will Be Quick but Money Flows Could Take Months: 21Shares Co-Founder

Ophelia Snyder says it is impossible to conceptualize the changes in bitcoin trading volumes likely through ETF inflows.

Ophelia Snyder (right) with 21Shares co-founder Hany Rashwan
Bitcoin ETFs have generated tremendous excitement leading up to SEC approval. (Jordan Ling/Unsplash)
Why Are Bitcoin ETFs Such a Big Deal? Gold Provides a $100 Billion Answer

Gold ETFs revolutionized the gold market and spurred a giant rally. Can bitcoin ETFs do the same?

Bitcoin ETFs have generated tremendous excitement leading up to SEC approval. (Jordan Ling/Unsplash)
SEC logo (Nikhilesh De/CoinDesk)
Bitcoin ETFs Win SEC Approval, Bringing Easier Access to Biggest Cryptocurrency

The asset management industry has tried launching a spot bitcoin ETF for over a decade. Hopes are high they will lure more investors into crypto.

SEC logo (Nikhilesh De/CoinDesk)
Cboe (Scott Olson/Getty Images)
Cboe Says Bitcoin ETFs to Start Trading Thursday, Though the SEC Hasn't Approved Them Yet

The exchange's website listed six bitcoin ETF applicants to start trading tomorrow.

Cboe (Scott Olson/Getty Images)
SEC office (Nikhilesh De/CoinDesk)
Bitcoin ETF Confusion Abounds

A hacked X/Twitter account and misunderstood filings make for a wild countdown to an expected approval.

SEC office (Nikhilesh De/CoinDesk)
(Mohammadreza alidoost/Unsplash)
How to Buy a Bitcoin ETF

Now that the U.S. Securities and Exchange Commission approved the first crypto exchange-traded funds to hold digital assets, the actual buying may be the easy part.

(Mohammadreza alidoost/Unsplash)
(Nishtha Pherwani/Unsplash)
Beyond the ETF: Crypto Innovations to Watch in 2024

While most market watchers are focused on bitcoin ETFs at the moment, Decentralized Physical Infrastructure Networks (DePIN) and Real World Assets (RWA) hold a lot of long-ter...

(Nishtha Pherwani/Unsplash)
(Shutterstock)
What Is a Bitcoin ETF?

The SEC is expected to decide on Jan. 10, 2024, whether to approve bitcoin ETFs from the likes of BlackRock, Fidelity and others, which would give investors exposure to the bi...

(Shutterstock)
SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)
Hacker Seized SEC Phone Number to Post Fake Bitcoin ETF Approval, X Says

The revelation raises questions about the investments regulator's security protocols.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)
(John Angel/Unsplash)
BTC Supply in Profit Nears 90% as Price Rallies on Expected Bitcoin ETF Approval

Just under half of the bitcoin supply was in profit at the start of last year.

(John Angel/Unsplash)
(Markus Spiske/Unsplash)
BlackRock, ARK 21Shares Follow Rivals in Cutting Bitcoin ETF Fees

The SEC is expected to approve multiple ETFs at the same time, meaning the different providers will tussle for market share using fee structure as one of the main weapons.

(Markus Spiske/Unsplash)
Screen grab from Bitcoin transaction showing the line embedded using the OP_RETURN function, "SEC Chairman on the brink of second ETF approval." (Mempool.space)
Bitcoin ETF Chaos Memorialized on Blockchain, With Nod to 'Chancellor on the Brink' Reference

Jokester pays $2.97 to record the one-liner "SEC Chairman on the brink of second ETF approval" on the blockchain.

Screen grab from Bitcoin transaction showing the line embedded using the OP_RETURN function, "SEC Chairman on the brink of second ETF approval." (Mempool.space)
U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)
Crypto Boosters Attack SEC for 'Manipulating' BTC Market After ETF Tweet

Lawmakers and crypto boosters are asking questions about how the SEC's X (formerly Twitter) account was compromised, leading to a bogus tweet on Tuesday.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)
Risk signal (Moshed/CoinDesk)
Bitcoin Traders Seek Protection From Price Declines as ETF Deadline Looms: Deribit

Puts are overbought and calls [are] being sold, Deribit's CCO Luuk Strijers told CoinDesk, noting the decline in the bitcoin implied volatility index.

Risk signal (Moshed/CoinDesk)
SEC headquarters
SEC Has Not Approved Bitcoin ETFs, but Its Hacked X Account Briefly Said Otherwise

The X account of the U.S. Securities and Exchange Commission, which is deciding whether to approve bitcoin ETFs, "was compromised," the regulator told CoinDesk.

SEC headquarters
Bear (mana5280/Unsplash)
Bitcoin ETFs: The Bear Case

Bitcoin exchange traded funds may not actually be approved, due to the SEC’s long-held concerns about market manipulation. And, if they are, they could change the nature of Bi...

Bear (mana5280/Unsplash)
SEC headquarters (Nikhilesh De/CoinDesk)
Bitcoin ETF Approval Expected Soon, Bears Lose $100M

Futures tracking crypto markets saw some $155 million in shorts liquidated in the past 24 hours after a sudden uptick in prices in U.S. hours.

SEC headquarters (Nikhilesh De/CoinDesk)
Bitcoin price today (CoinDesk)
BTC Blasts Past $47K as Bitcoin ETF Excitement Gets Feverish

Bitcoin could rally 10%-15% more in case the SEC approves spot bitcoin ETFs, LMAX strategist Joel Kruger noted.

Bitcoin price today (CoinDesk)
(Spencer Platt/Getty Images)
Bitcoin ETFs: The Bull Case

One train of thought says that SEC approval of spot bitcoin ETF will send the market flying. Here’s how that could play out. In a separate post, we review the bear case, where...

(Spencer Platt/Getty Images)
Sign saying fee area ahead on a background of desert shrubland
Bitwise Tops Bitcoin ETF Low-Fee Table, While Grayscale Bets on Size

Just one potential spot bitcoin ETF issuer has set a management fee above 1% as many of the others are asking for less than 0.5%.

Sign saying fee area ahead on a background of desert shrubland
U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton/CoinDesk)
After Bitcoin ETF Decision, U.S. Debt Announcement May Be Pivotal for Crypto Traders

The Treasury's next quarterly debt announcement may not turn out as much a tailwind for risk assets as the previous one did.

U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton/CoinDesk)
U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)
Bitcoin ETF Approval Odds Raised to Over 90% by Bloomberg Analysts, Drop on Polymarket

Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.

U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)
Photo of the SEC logo on a building wall
Final Bitcoin ETF Application Filings Get Posted by Major U.S. Exchanges

Releasing them suggests they’re confident the SEC will approve the first U.S. spot bitcoin ETFs soon.

Photo of the SEC logo on a building wall
Coin jar (Josh Appel/Unsplash)
VanEck to Donate 5% of BTC ETF Profits to Bitcoin Core Developers

The company last year made a similar pledge to Ethereum developers with respect to its ether futures ETF.

Coin jar (Josh Appel/Unsplash)
The SEC, under Chair Gary Gensler, is likely to decide on a spot bitcoin ETF in coming days. (Jesse Hamilton/CoinDesk)
Bitcoin ETF Fees Will Play Critical Role in the Race to Popularity

So far, only six potential spot bitcoin ETF issuers have revealed their charges, and Fidelity is the cheapest.

The SEC, under Chair Gary Gensler, is likely to decide on a spot bitcoin ETF in coming days. (Jesse Hamilton/CoinDesk)
Bitcoin price today (CoinDesk)
Bitcoin Rebounds Above $44K as Spot BTC ETF Approval Looks Increasingly Likely

Reports swirled Thursday that the SEC was giving final comments to issuers and may approve multiple spot-based bitcoin ETF applications very soon.

Bitcoin price today (CoinDesk)

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