Dissenting SEC commissioner says agency approved spot Bitcoin ETPs, not ETFsSEC commissioner clarifies recently approved Bitcoin products are ETPs, not ETFs, amid potential investor confusion.Happy Thursday!The global crypto market cap is $1.76 trillion, with a 24-hour volume of $138.11 billion. The price of Bitcoin is $46,198.10, and BTC market dominance is 51.3%. The price of Ethereum is $2,588.97, and ETH market dominance is 17.7%. The best-performing sector is Masternode, which gained 502%. The Crypto Fear & Greed Index is currently Greed (76). Top NewsDissenting SEC commissioner says agency approved spot Bitcoin ETPs, not ETFsSEC commissioner clarifies recently approved Bitcoin products are ETPs, not ETFs, amid potential investor confusion. Spot Bitcoin ETF approvals imminent as tickers go live on Bloomberg, FidelityBloomberg ETF analyst Eric Balchunas expects the SEC will make the official approval announcement between 4pm to 6pm Eastern Time. SEC approves spot Bitcoin ETFs after 11 years of rejectionsAfter over a decade of hesitation, the SEC's green light for spot Bitcoin ETFs signals a new era for crypto in mainstream finance. Latest Insights
More NewsEthereum takes the lead over Bitcoin in derivatives trading volumeOptions traders scale back in Bitcoin market while Ethereum sees rise in open interest following SEC spoof. Fundstrat’s Tom Lee predicts $500k Bitcoin in 5 years as institutions begin pouring inLee believes that institutional adoption will increase the legitimacy of Bitcoin and attract large-scale investments, boosting demand and, consequently, its price. Ethereum rallies to 20-month high as Bitcoin ETF approval spurs altcoin gainsBitcoin posted a modest gain of only 1.35% during the reporting period. Bankrupt FTX seeks to sell luxury Bahamian properties amid bankruptcy proceedingsCourt filing showed that some of these properties were purchased from international sporting giants. Prediction: Bitcoin ETF will now dwarf gold performance based on historical dataHistoric launch of Bitcoin ETFs surpasses Gold ETF day one figures in seed value, showcasing the digital gold's strong market presence before trading even begins. |
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Dissenting SEC commissioner says agency approved spot Bitcoin ETPs, not ETFs