Spot Bitcoin ETFs

On 9 April 2024, day one of the three-day Paris Blockchain Summit, during a highly informative segment on CoinDesk TV’s “Markets Daily,” Jan van Eck, CEO of VanEck, offered a wealth of insights on the dynamics shaping the cryptocurrency market in 2024. The VanEck CEO noted that Europe is ahead of the United States in […]

In a recent report titled “Long Bitcoin / Short MicroStrategy Inc (MSTR): Know When to HODL, Know When to FODL,” Kerrisdale Capital Management outlines a bold investment strategy. The hedge fund advocates going long on Bitcoin directly while simultaneously shorting shares of MicroStrategy (NASDAQ: MSTR), a publicly traded company known for its aggressive Bitcoin accumulation […]

Hashdex Asset Management Ltd. (“Hashdex”) and Tidal Investments LLC (“Tidal”) have announced the conversion and renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (“DEFI”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100), as per a press release dated March 26, 2024. This strategic move allows the Fund to hold primarily spot Bitcoin and […]

In the cryptocurrency space, Bitcoin has long been the king of the hill. As the demand for exposure to this digital asset has grown, Wall Street has answered the call by offering various investment vehicles, including spot Bitcoin exchange-traded funds (ETFs), 11 of which got approved by the U.S. SEC on January 10. However, the […]

On March 14, with Bitcoin trading at around $73,115, Gary Tiu, Executive Director & Head of Regulatory Affairs at OSL Group, provided an in-depth analysis of the evolving landscape of spot Bitcoin ETFs in Hong Kong during his appearance on Bloomberg TV’s “The China Show.” His discussion with Yvonne Man and Annabelle Droulers shed light […]

In a recent interview with Decrypt, Mathew Sigel, the Head of Digital Assets Research at VanEck, shared his thoughts on the burgeoning interest in US-listed spot Bitcoin ETFs among major financial institutions, signaling a pivotal shift toward broader acceptance and adoption of cryptocurrencies. Accelerating Interest from Financial Institutions Sigel pointed out an “accelerating” appetite for […]

The launch of 11 SEC-approved spot Bitcoin ETFs in the U.S. on January 11 marked a transformative moment in investing. As Cointelegraph reported earlier today, these new financial instruments leverage the core characteristics of the Bitcoin network and its associated blockchain ledger to establish an unmatched level of transparency. But how exactly do they differ […]

Vanguard is a prominent American investment management company known for its low-cost mutual funds and exchange-traded funds (ETFs). It is one of the largest investment companies in the world, both in terms of assets under management and the variety of funds it offers. The investment firm has made a definitive stance against incorporating cryptocurrency-related products, […]

Lucas Kiely, the Chief Investment Officer for Yield App, shared his insights on the potential approval of spot Ethereum (ETH) Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) in an opinion piece published by Cointelegraph on 23 January 2024. His perspective comes from a background of extensive experience in investment portfolio management […]

In a video released on January 20th on his YouTube channel, Andrei Jikh discusses his experience with buying all the Bitcoin ETFs that were recently released. He tries to them from worst to best and answer commonly asked questions about these ETFs. He highlights that on its first trading day, the new spot Bitcoin ETFs […]

On January 19, Jenny Johnson, the President and CEO of Franklin Templeton, appeared on CNBC’s “Squawk Box” to discuss the firm’s latest financial offerings, market trends, and predictions for the year. Franklin Templeton is a global investment management organization known for its mutual funds and investment services. It was founded in New York in 1947 […]

David Duong, Coinbase’s Head of Institutional Research, recently shared a compelling post on LinkedIn regarding the monumental impact of the newly launched US-listed spot Bitcoin ETFs on the cryptocurrency market. In his post, Duong dives into the significant changes observed in just one week since these spot ETFs began trading on January 11. Here are […]

Recently, during an interview with Fox Business, Kevin O’Leary, a prominent investor from “Shark Tank,” recently expressed skepticism about the spot Bitcoin exchange-traded funds (ETFs) recently approved by the U.S. SEC, particularly criticizing their fee structures. O’Leary is a Canadian businessman, author, politician, and television personality. He was born on July 9, 1954, in Montreal, […]

Bill Miller IV, the Chief Investment Officer of Miller Value Partners, appeared on CNBC’s “Closing Bell” on 12 January 2024 to discuss the newly launched US-listed spot Bitcoin ETFs and their implications for the cryptocurrency market. Miller Value Partners is an investment management firm known for its value-oriented investment approach. Founded by Bill Miller, a […]

Earlier today, Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), appeared on CNBC’s “Squawk Box” to discuss with co-anchors Andrew Ross Sorkin and Joe Kernen the SEC’s recent approval of 11 spot Bitcoin ETFs. Historic Decision and Court Influence Gensler described the SEC’s decision as a response to a long-standing consideration dating […]

On January 11, a significant event unfolded in the U.S. financial markets: the debut of 11 spot Bitcoin Exchange-Traded Funds (ETFs), which got approved by the U.S. Securities and Exchange Commission (SEC) on January 10. This marked a pivotal moment for cryptocurrency integration into mainstream finance. Amidst this landmark event, Gabor Gurbacs, a Strategy Advisor […]

On January 10, Cathie Wood, CEO of ARK Invest, joined Liz Claman on Fox Business to discuss the recent developments surrounding the U.S. SEC’s recent approval of multiple spot Bitcoin ETFs. Wood recounted her reaction to the false approval news of spot Bitcoin ETFs on the SEC’s hacked Twitter account. She was initially confused by […]

Vanguard is a large American investment management company known for its low-cost mutual funds and exchange-traded funds (ETFs). Founded in 1975 by John C. Bogle, it is one of the world’s largest investment management firms. Vanguard is unique in the industry for its mutual ownership structure; it is owned by its funds, which in turn […]

In his Bloomberg Opinion column dated January 11, 2024, Matt Levine provided an insightful analysis of Bitcoin’s evolution and the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Bitcoin’s Shift from Original Vision: Levine began by contrasting Bitcoin’s original purpose as “electronic cash” with its current status. […]

On January 11, 2024, Michael Novogratz, the CEO of Galaxy Digital, joined the team on CNBC’s “Squawk Box” to discuss a range of topics of interest to Bitcoin investors. Differentiation of Bitcoin ETFs Novogratz emphasized that in the long run, there would likely be two or three Bitcoin ETFs that emerge as market leaders rather […]

Yesterday’s approval of multiple spot Bitcoin ETFs by the U.S. SEC has sparked a unique battle among asset managers to attract investors. The ‘Laser Eyes’ Meme The “laser eyes” meme in the context of cryptocurrency is a social media trend where individuals, especially crypto enthusiasts, edit their profile pictures to include red laser beams coming […]

Tom Lee is a prominent figure in the finance sector, primarily recognized for his expertise in equity research and market analysis. He is the co-founder of Fundstrat Global Advisors, a market research firm established in 2014, and prior to this, he served as the Chief Equity Strategist at J.P. Morgan in the United States. Lee […]

Background of the Incident The SEC’s official X (formerly known as Twitter) account erroneously stated on 9 January 2024 that the commission had approved all spot Bitcoin ETF applications. This announcement led to a significant reaction in the Bitcoin market, with the BTC price momentarily surging from around $46,605 to $47,886. SEC’s Clarification and Market […]

On 8 January 2024, Matt Hougan, the Chief Investment Officer of Bitwise Asset Management, appeared on Bloomberg TV’s “Bloomberg ETF IQ” to discuss the firm’s forthcoming spot Bitcoin ETF in the United States. During the conversation with Katie Greifeld, Eric Balchunas, and Scarlet Fu, Hougan shed light on various aspects of the ETF, including its […]

On 8 January 2024, Standard Chartered’s Global Research department released a research note titled “Bitcoin – Price upside from US spot ETF approval” that was written by Geoff Kendrick and Suki Cooper. The note provides a comprehensive analysis of the potential impact of the imminent approval of spot ETFs for Bitcoin by the U.S. Securities […]

Anthony “Pomp” Pompliano, a well-known figure in the cryptocurrency and blockchain space, is the founder of Pomp Investments. He is particularly recognized for his contributions as an entrepreneur, investor, and influencer in the crypto industry. Pomp is also known for co-founding Morgan Creek Digital, a hedge fund specializing in blockchain technology and digital assets. He […]

Chamath Palihapitiya is a prominent venture capitalist, engineer, and the founder and CEO of Social Capital, a venture capital firm based in Silicon Valley. He is known for his early and influential role at Facebook, where he served as a senior executive and contributed significantly to the company’s growth. In the world of cryptocurrency, Chamath […]

Nate Geraci is the President of The ETF Store, an investment advisory firm. He is also recognized for hosting the “ETF Prime” podcast, where he discusses various topics related to exchange-traded funds (ETFs). Geraci’s expertise in ETFs has made him a notable figure in the investment community, particularly for those interested in the growing ETF […]

John Reed Stark, a prominent figure in financial regulation, shared a critical assessment of the cryptocurrency market and the potential approval of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) in a post on the social media platform X on 7 January 2024. Stark’s commentary presents a highly skeptical view of the […]

Stuart Kirk, a columnist for the Financial Times, has made a striking argument in favor of investing in a potential spot Bitcoin exchange-traded fund (ETF). Kirk reveals his personal consideration to invest in a spot Bitcoin ETF, should it become available. His decision, inspired during a run along the Exmoor coast, reflects a willingness to […]

Dennis M. Kelleher, the CEO of Better Markets, has voiced strong opposition to the United States Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF). In a recent communication with the SEC, Kelleher outlined his concerns, suggesting that such a move would contradict the regulatory body’s foundational principles. Kelleher is the President […]

In an interview with CNBC on 2 January 2024, Hassan Ahmed, the Country Director for Singapore at Coinbase, shared his thoughts on the potential impact of U.S. SEC-approved spot Bitcoin ETFs on the cryptocurrency market. Ahmed emphasized the foundational nature of a U.S. spot Bitcoin ETF, describing it as a “structural market change” for cryptocurrencies. […]

Former hedge fund manager Jim Cramer is the host of the CNBC show “Mad Money w/ Jim Cramer. “ He is also a co-anchor of CNBC’s “Squawk on the Street, “as well as a co-founder of financial news website TheStreet. His career in finance includes managing his own hedge fund and several years at Goldman […]

In a recent interview on Bloomberg TV yesterday, John Palmer, the President of Cboe Digital, discussed the potential impact of U.S. regulators approving the first-ever spot exchange-traded fund (ETF) for Bitcoin. Palmer highlighted that the approval of a spot Bitcoin ETF by the U.S. SEC would mark a crucial turning point, especially for new institutional […]

As James Hunt reported for The Block earlier today, in a research note (published on 1 Dec 2024) titled “All-time high CME premiums ahead of ETF verdict,” K33 Research’s Senior Analyst Vetle Lunde and Head of Research Anders Helseth explore the market dynamics preceding the anticipated decision by the U.S. SEC on spot Bitcoin ETFs. […]

Alister Milne is a well-known figure in the cryptocurrency and blockchain community, primarily recognized for his role as an investor and entrepreneur. Milne is the Chief Investment Officer of the Digital Currency Fund, part of the Altana Wealth investment group. He has been actively involved in the crypto space for several years and is known […]

Earlier today, Vijay Boyapati, a prominent figure in the Bitcoin community and author of the book “The Bullish Case for Bitcoin,” shared his insights on the potential impact of a spot Bitcoin ETF (widely anticipated to be approved by the U.S. SEC in H1 2024) on retail savings. In a detailed thread on the social […]

Introduction The crypto community is excitedly waiting for the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States. While this development is eagerly awaited, some analysts are raising concerns about its possible repercussions for centralized cryptocurrency exchanges. Analysts’ Predictions and Concerns Several industry observers are optimistic that a spot BTC ETF […]