Bitcoin ETFs win SEC approval

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US regulators have approved bitcoin ETFs, dramatically broadening access to the 15-year-old cryptocurrency, reports CoinDesk. The Securities and Exchange Commission on Wednesday declared effective key filings from the markets seeking to list the groundbreaking products. They will begin trading on Thursday (11/01/2024). About a dozen companies, including BlackRock, Fidelity and Grayscale, sought to create bitcoin […]

Bitcoin Is not crypto, SEC confirms

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Talk to a bitcoin maximalist – someone who believes that bitcoin is the only digital asset with innate value – and, more likely than not, they’ll tell you the world’s oldest cryptocurrency is, in fact, ‘not crypto’ at all, writes Forbes. The refrain can be confusing: clearly, bitcoin pioneered the use of cryptography – an […]

BlackRock files for bitcoin ETF in push into crypto

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BlackRock, the world’s biggest asset manager, has filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the cryptocurrency, as the asset class comes under intense regulatory scrutiny, reports Reuters. BlackRock’s iShares Bitcoin Trust will use Coinbase Custody as its custodian, according to a filing with the US Securities and […]