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On June 3, spot #Bitcoin ETFs received $105 million in investments. Fidelity's Bitcoin ETF gained $77 million in net investments. Meanwhile, #BlackRock's Bitcoin ETF also saw an increase in investments, but the exact amount is not specified
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In a significant development, #BlackRock's spot $BTC ETF, #IBIT , has surpassed #GBTC to become the largest Bitcoin ETF globally, with a staggering 289,058 Bitcoin holdings, valued at over $19.5 billion! This marks a major milestone in the cryptocurrency space."
reach us❌ 👉 #Imtiazzavi
reach us❌ 👉 #Imtiazzavi
🇺🇸 #BlackRock's two funds have disclosed exposure to their own #BitcoinETF in the #SEC filings.
It's just getting started 🚀
It's just getting started 🚀
Although industry bulls may appreciate #BlackRock's entry into the market for crypto-related exchange traded products, it could cause problems for one of the biggest market participants.
A number of asset management companies are eager to launch a spot-based product on the market, including the business, which last week filed a filing with the U.S. Securities and Exchange Commission for a new trust linked to the biggest #cryptocurrency. Another is #Grayscale, which has long provided a variety of trust goods.
The products offered by Grayscale trade over-the-counter and may not always mirror the price of the underlying asset, unlike #ETFs, which are traded on a national securities exchange. Even so, it has been able to charge #traders a sizable fee.
A number of asset management companies are eager to launch a spot-based product on the market, including the business, which last week filed a filing with the U.S. Securities and Exchange Commission for a new trust linked to the biggest #cryptocurrency. Another is #Grayscale, which has long provided a variety of trust goods.
The products offered by Grayscale trade over-the-counter and may not always mirror the price of the underlying asset, unlike #ETFs, which are traded on a national securities exchange. Even so, it has been able to charge #traders a sizable fee.
#Bitcoin Dump Reason 🚨🚨🚨
#BlackRock's Suggests that the stablecoins $USDT and $USDC may present risks to the approval of a Bitcoin Spot ETF. Keep an eye on it!
#BlackRock's Suggests that the stablecoins $USDT and $USDC may present risks to the approval of a Bitcoin Spot ETF. Keep an eye on it!
🌐Blackrock's In-Kind Model for Bitcoin ETF🌐
Date: Dec 01, 2023
Author: Ansar Iqbal
👉Meeting Dynamics
Discussions with the #SEC focus on Blackrock's spot bitcoin ETF and concerns about balance sheet impacts and redemption risks.
👉The Revised In-Kind Model
Blackrock proposes a "revised in-kind" model, emphasizing advantages like lower costs, reduced execution risks, and resistance to manipulation.
👉SEC's Cash Model Preference
Despite Blackrock's proposal, the SEC leans toward the cash model, sparking ongoing discussions between the parties.
👉Regulatory Landscape and Speculation
SEC Chair Gensler reviews multiple spot bitcoin ETF applications, fueling speculation about potential approvals in the coming months.
👉The Pivotal Question
Will the SEC approve #BlackRock's ETF with the in-kind model? The answer carries significant implications for cryptocurrency investments.
✍️Share Your Insights
Share your thoughts on Blackrock's proposal and the SEC's stance in the comments. The regulatory dialogue shapes the future of cryptocurrency investments.
#BTC #ETH #etf
Date: Dec 01, 2023
Author: Ansar Iqbal
👉Meeting Dynamics
Discussions with the #SEC focus on Blackrock's spot bitcoin ETF and concerns about balance sheet impacts and redemption risks.
👉The Revised In-Kind Model
Blackrock proposes a "revised in-kind" model, emphasizing advantages like lower costs, reduced execution risks, and resistance to manipulation.
👉SEC's Cash Model Preference
Despite Blackrock's proposal, the SEC leans toward the cash model, sparking ongoing discussions between the parties.
👉Regulatory Landscape and Speculation
SEC Chair Gensler reviews multiple spot bitcoin ETF applications, fueling speculation about potential approvals in the coming months.
👉The Pivotal Question
Will the SEC approve #BlackRock's ETF with the in-kind model? The answer carries significant implications for cryptocurrency investments.
✍️Share Your Insights
Share your thoughts on Blackrock's proposal and the SEC's stance in the comments. The regulatory dialogue shapes the future of cryptocurrency investments.
#BTC #ETH #etf
#Bitcoin ETF's received a whopping $2.2 billion in just one week, indicating a growing interest in crypto as an investment option.
#BlackRock's IBIT was the top performer, attracting over $1.6 billion, followed by Fidelity's FBTC and Ark Invest's BTCO. The surge in investments set a record for the most money brought into any exchange-traded product in the U.S. during that period.
#Write2Earn #ETFApproval2024 #The_Bitcoinbull
#BlackRock's IBIT was the top performer, attracting over $1.6 billion, followed by Fidelity's FBTC and Ark Invest's BTCO. The surge in investments set a record for the most money brought into any exchange-traded product in the U.S. during that period.
#Write2Earn #ETFApproval2024 #The_Bitcoinbull
What Are The Prominent Cryptocurrencies Of The Day? November 10, 2023
In the crypto market, which has had active days, especially Bitcoin and Ether, which were the prominent crypto currencies of the day?
Bullish scenarios took place in the crypto market the other day. Many altcoins have increased between 10 and 50 percent. Especially Ether (#ETH ) managed to exceed $ 2,000 with the news of BlackRock Ether ETF, which created a bombshell on the agenda.
#BlackRock's involvement in ETH has raised expectations for the crypto bull. While the crypto market signaled that it may continue to rise in general outlook, many opinions pointed out that declines may begin.
#Lido DAO (LDO), which increased by 14.49 percent in the last 24 hours, topped the list of the most rising coins. With an increase of 13.75 percent, Ethereum Classic (ETC) is in second place, with an increase of 13.13 percent, Rocket Pool (RPL) is in third place, with an increase of 11.49 percent, THORChain (RUNE) is in fourth place and Finally, with an increase of 11.36 percent. With an increase of , Frax Shares (FXS) ranked fifth.
Trust Wallet Token (TWT) was at the top of the list of coins that fell the most. #TWT fell 11.81 percent in the last 24 hours and reached the top. Then came PancakeSwap (CAKE). CAKE lost 9.20 percent in value in the last 24 hours. With the recent rise in the crypto market, declining coins are quite rare. Conflux (CFX), #ApeCoin (APE) and Aave (AAVE), which are among the top 100 cryptocurrencies by market capitalization, joined the losers list.
$BTC $ETH $BNB
In the crypto market, which has had active days, especially Bitcoin and Ether, which were the prominent crypto currencies of the day?
Bullish scenarios took place in the crypto market the other day. Many altcoins have increased between 10 and 50 percent. Especially Ether (#ETH ) managed to exceed $ 2,000 with the news of BlackRock Ether ETF, which created a bombshell on the agenda.
#BlackRock's involvement in ETH has raised expectations for the crypto bull. While the crypto market signaled that it may continue to rise in general outlook, many opinions pointed out that declines may begin.
#Lido DAO (LDO), which increased by 14.49 percent in the last 24 hours, topped the list of the most rising coins. With an increase of 13.75 percent, Ethereum Classic (ETC) is in second place, with an increase of 13.13 percent, Rocket Pool (RPL) is in third place, with an increase of 11.49 percent, THORChain (RUNE) is in fourth place and Finally, with an increase of 11.36 percent. With an increase of , Frax Shares (FXS) ranked fifth.
Trust Wallet Token (TWT) was at the top of the list of coins that fell the most. #TWT fell 11.81 percent in the last 24 hours and reached the top. Then came PancakeSwap (CAKE). CAKE lost 9.20 percent in value in the last 24 hours. With the recent rise in the crypto market, declining coins are quite rare. Conflux (CFX), #ApeCoin (APE) and Aave (AAVE), which are among the top 100 cryptocurrencies by market capitalization, joined the losers list.
$BTC $ETH $BNB
#Bitcoin price forecast with a decline in its price and the possibility of BlackRock submitting an application to create an exchange-traded fund (ETF) for spot trading of Ethereum: What are the key levels to watch?
_Bitcoin Price Chart (Bitcoin-BTC) - Source: TradingView #Bitcoin (Bitcoin-BTC) witnessed a sudden decline from its highest levels recorded since the beginning of the year near $38,000, to recently trade at a price slightly above $36,000. However, Bitcoin (BTC) maintained An increase of approximately 1% during the day. Traders attribute this sudden reversal to news about #BlackRock's establishing a new corporate entity called the iShares #Ethereum Trust in Delaware, which led to a shift in the flow of funds from Bitcoin to Ethereum.
$BTC $ETH
#follow To see more news and details about digital currencies💯💵⬇️✅🚀
_Bitcoin Price Chart (Bitcoin-BTC) - Source: TradingView #Bitcoin (Bitcoin-BTC) witnessed a sudden decline from its highest levels recorded since the beginning of the year near $38,000, to recently trade at a price slightly above $36,000. However, Bitcoin (BTC) maintained An increase of approximately 1% during the day. Traders attribute this sudden reversal to news about #BlackRock's establishing a new corporate entity called the iShares #Ethereum Trust in Delaware, which led to a shift in the flow of funds from Bitcoin to Ethereum.
$BTC $ETH
#follow To see more news and details about digital currencies💯💵⬇️✅🚀
JPMorgan invests in Bitcoin ETFs: Which funds are available?
It was revealed that JPMorgan Chase, the largest bank in the USA, invested in BTC exchange traded funds (ETFs) of Grayscale, ProShares, Bitwise, BlackRock and Fidelity. In the reports submitted by the bank to the SEC, it was stated that it had a total share of 760 thousand dollars in these funds.
#JPMorgan Chase, which manages approximately 2.6 trillion dollars, is known as the largest bank in the USA. These investments of the bank show that institutional interest and potential in the cryptocurrency market continues to increase.
JPMorgan Chase's investments include ProShares Bitcoin Strategy ETF (BITO), #BlackRock's iShares Bitcoin Trust (IBIT), Fidelity's Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Trust (GBTC) and #Bitwise ETF. The bank has also invested in Bitcoin Depot, a crypto ATM provider.
This situation emerged after Wells Fargo announced that it also invested in Grayscale and ProShares BTC ETFs and Bitcoin Depot. Susquehanna International Group also announced that it purchased more than $1 billion worth of shares from spot crypto ETFs in the first quarter of 2024.
The SEC approved spot #BTC ETFs to be listed and traded on US exchanges in January. Many experts expect the commission to make a similar decision regarding spot Ether ETFs. The last date of the institution's response to the application of asset manager VanEck is May 23.
$BTC $ETH $BNB
It was revealed that JPMorgan Chase, the largest bank in the USA, invested in BTC exchange traded funds (ETFs) of Grayscale, ProShares, Bitwise, BlackRock and Fidelity. In the reports submitted by the bank to the SEC, it was stated that it had a total share of 760 thousand dollars in these funds.
#JPMorgan Chase, which manages approximately 2.6 trillion dollars, is known as the largest bank in the USA. These investments of the bank show that institutional interest and potential in the cryptocurrency market continues to increase.
JPMorgan Chase's investments include ProShares Bitcoin Strategy ETF (BITO), #BlackRock's iShares Bitcoin Trust (IBIT), Fidelity's Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Trust (GBTC) and #Bitwise ETF. The bank has also invested in Bitcoin Depot, a crypto ATM provider.
This situation emerged after Wells Fargo announced that it also invested in Grayscale and ProShares BTC ETFs and Bitcoin Depot. Susquehanna International Group also announced that it purchased more than $1 billion worth of shares from spot crypto ETFs in the first quarter of 2024.
The SEC approved spot #BTC ETFs to be listed and traded on US exchanges in January. Many experts expect the commission to make a similar decision regarding spot Ether ETFs. The last date of the institution's response to the application of asset manager VanEck is May 23.
$BTC $ETH $BNB
🚨 BREAKING: #BlackRock's Bitcoin ETF application with the SEC has a jaw-dropping success rate of 575 to 1 😱
Will they be the ones to crack the code and bring #bitcoin to the mainstream? 🔥
Will they be the ones to crack the code and bring #bitcoin to the mainstream? 🔥
Despite #BlackRock's recent application for a Bitcoin exchange-traded fund ( #ETF ) raising #BTC's price, Bloomberg's senior macro strategist Mike McGlone has warned that Bitcoin may fall even more.
In his most recent monthly report, released on Friday, #McGlone outlined some of the potential difficulties Bitcoin might run into, such as a potential equities bear market and central banks keeping an eye on it.
In his most recent monthly report, released on Friday, #McGlone outlined some of the potential difficulties Bitcoin might run into, such as a potential equities bear market and central banks keeping an eye on it.
#BlackRock's spot #bitcoin ETF filing names Coinbase as ‘surveillance-sharing’ partner
The application included a Nasdaq-Coinbase agreement “intended to supplement the exchange’s market surveillance program” following the SEC reportedly saying the filing was unclear.
follow to r
The application included a Nasdaq-Coinbase agreement “intended to supplement the exchange’s market surveillance program” following the SEC reportedly saying the filing was unclear.
follow to r
LIVEcrypto_MOJ news
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BlackRock spot Bitcoin ETF filing names Coinbase as ‘surveillance-sharing’ partner
The application included a Nasdaq-Coinbase agreement “intended to supplement the exchange’s market surveillance program” following the SEC reportedly saying the filing was unclear.
The most recent filing involving asset manager BlackRock’s attempt to launch a spot Bitcoin exchange-traded fund (ETF) included a “surveillance-sharing agreement” with cryptocurrency exchange #Coinbase.
According to a June 29 filing with the United States Securities and Exchange Commission (SEC), the Nasdaq stock exchange refiled for a proposed rule change allowing the listing of BlackRock’s Bitcoin
BTC
tickers down
$31,136
#ETF. . The filing included details of a June 8 agreement between the Nasdaq and Coinbase “intended to supplement the exchange’s market surveillance program” and provide access to data on spot BTC trades.The release of the SEC filing followed ARK Investment Management amending its spot BTC ETF application to include a surveillance-sharing agreement with the Chicago Board Options Exchange (Cboe) and an unnamed U.S.-based crypto exchange. Some speculated at the time the agreement was with Coinbase, which would seemingly put it in conflict with BlackRock’s ETF application.The SEC reportedly said on June 30 that crypto ETF filings with the Nasdaq and the Cboe were not “sufficiently clear and comprehensive,” suggesting that the applicants include additional information on surveillance arrangements. BlackRock first applied for the spot BTC ETF on June 15.
At the time of publication, the U.S. securities regulator had not approved any spot ETF linked to crypto investments despite numerous applications from market participants. Following the denial of its spot Bitcoin ETF in June 2022, Grayscale Investments filed a lawsuit against the SEC, alleging the regulator had failed “to apply consistent treatment to similar investment vehicles.”
The most recent filing involving asset manager BlackRock’s attempt to launch a spot Bitcoin exchange-traded fund (ETF) included a “surveillance-sharing agreement” with cryptocurrency exchange #Coinbase.
According to a June 29 filing with the United States Securities and Exchange Commission (SEC), the Nasdaq stock exchange refiled for a proposed rule change allowing the listing of BlackRock’s Bitcoin
BTC
tickers down
$31,136
#ETF. . The filing included details of a June 8 agreement between the Nasdaq and Coinbase “intended to supplement the exchange’s market surveillance program” and provide access to data on spot BTC trades.The release of the SEC filing followed ARK Investment Management amending its spot BTC ETF application to include a surveillance-sharing agreement with the Chicago Board Options Exchange (Cboe) and an unnamed U.S.-based crypto exchange. Some speculated at the time the agreement was with Coinbase, which would seemingly put it in conflict with BlackRock’s ETF application.The SEC reportedly said on June 30 that crypto ETF filings with the Nasdaq and the Cboe were not “sufficiently clear and comprehensive,” suggesting that the applicants include additional information on surveillance arrangements. BlackRock first applied for the spot BTC ETF on June 15.
At the time of publication, the U.S. securities regulator had not approved any spot ETF linked to crypto investments despite numerous applications from market participants. Following the denial of its spot Bitcoin ETF in June 2022, Grayscale Investments filed a lawsuit against the SEC, alleging the regulator had failed “to apply consistent treatment to similar investment vehicles.”
#BlackRock is doubling down on its interest in #Bitcoin !
It is a shareholder in 4 out of the 5 largest public #crypto miners, namely Riot #Blockchain, Marathon Digital Holdings, Cipher Mining, and Terawulf.
Do you think #BlackRock's ETF will be approved? Comment 👇
It is a shareholder in 4 out of the 5 largest public #crypto miners, namely Riot #Blockchain, Marathon Digital Holdings, Cipher Mining, and Terawulf.
Do you think #BlackRock's ETF will be approved? Comment 👇
- A #trader who successfully predicted the earlier crypto rally this year is currently staying on the sidelines due to Bitcoin's recent loss of gains from #BlackRock's ETF application.
- The recent Bitcoin correction that dropped #BTC below $26,000 indicates to the trader that bears have taken control of the market.
- The trader notes that the retracement of gains from the #BlackRock ETF news signals weakness, as the market is trading at levels that were not expected to be revisited.
- The trader will only reconsider their stance if Bitcoin reclaims $30,000 or drops to $18,950.
- Trader sentiment towards altcoins suggests that it's not the right time to re-enter the crypto market, as many are buying alts after the #consolidation broke to the downside.
- Currently, Bitcoin is trading at $25,945.
$BTC
- The recent Bitcoin correction that dropped #BTC below $26,000 indicates to the trader that bears have taken control of the market.
- The trader notes that the retracement of gains from the #BlackRock ETF news signals weakness, as the market is trading at levels that were not expected to be revisited.
- The trader will only reconsider their stance if Bitcoin reclaims $30,000 or drops to $18,950.
- Trader sentiment towards altcoins suggests that it's not the right time to re-enter the crypto market, as many are buying alts after the #consolidation broke to the downside.
- Currently, Bitcoin is trading at $25,945.
$BTC
According to a press announcement on Monday, Hut 8 #Mining (HUT) has obtained up to $50 million in loans from Coinbase Credit to finance its operations, which at the moment involve finalising a highly anticipated merger with rival US #Bitcoin Corp (#USBTC ).
In particular, with its plans to serve as the custodian for #BlackRock's well-publicized bitcoin exchange-traded fund, subject to regulatory approval, #Coinbase (COIN) has been making inroads into the institutional market. Coinbase purchased institutional digital asset manager One River in March.
In particular, with its plans to serve as the custodian for #BlackRock's well-publicized bitcoin exchange-traded fund, subject to regulatory approval, #Coinbase (COIN) has been making inroads into the institutional market. Coinbase purchased institutional digital asset manager One River in March.
The #Hedera price saw a significant 100% surge within 24 hours, largely due to #BlackRock's announcement of tokenizing its US Treasury money market fund on the Hedera blockchain.
This move, facilitated by Archax and OwneraIO, showcases the integration of traditional finance with blockchain technology and highlights Hedera's appeal to institutional investors.
The network's high speed, robust security, and low costs make it ideal for institutional-grade tokenization, significantly boosting investor confidence and $HBAR market position.
#Binance #TrendingTopic
This move, facilitated by Archax and OwneraIO, showcases the integration of traditional finance with blockchain technology and highlights Hedera's appeal to institutional investors.
The network's high speed, robust security, and low costs make it ideal for institutional-grade tokenization, significantly boosting investor confidence and $HBAR market position.
#Binance #TrendingTopic
What is #bitcoinetf and #BlackRock's s future plans:
- A Bitcoin ETF allows investors to gain exposure to Bitcoin’s price without actually owning the digital currency itself.
- Bitcoin ETFs can only hold #bitcoin futures contracts or stocks of companies and other ETFs with exposure to cryptocurrency, as the SEC has not approved any ETFs that own Bitcoin directly.
- BlackRock, the world's largest asset manager, has filed for a spot Bitcoin ETF that would use Coinbase Custody as its custodian.
- However, BlackRock's spot Bitcoin ETF still faces regulatory hurdles and uncertainty, as the SEC has consistently rejected similar proposals due to concerns over market manipulation.
- The #SEC has also delayed its decision on several Bitcoin futures ETFs that are pending approval.#etf
- A Bitcoin ETF allows investors to gain exposure to Bitcoin’s price without actually owning the digital currency itself.
- Bitcoin ETFs can only hold #bitcoin futures contracts or stocks of companies and other ETFs with exposure to cryptocurrency, as the SEC has not approved any ETFs that own Bitcoin directly.
- BlackRock, the world's largest asset manager, has filed for a spot Bitcoin ETF that would use Coinbase Custody as its custodian.
- However, BlackRock's spot Bitcoin ETF still faces regulatory hurdles and uncertainty, as the SEC has consistently rejected similar proposals due to concerns over market manipulation.
- The #SEC has also delayed its decision on several Bitcoin futures ETFs that are pending approval.#etf
