Tag: spot etf

Two new bitcoin ETFs launched today in Australia, a spot bitcoin fund directly acquiring bitcoin and a de-facto fund of funds.Australian bitcoin ETFs went live on Thursday.Both a spot bitcoin fund, the country’s first, and a fund of funds launched on the Australian Cboe.The launch was a timid one amid a broader market sell-off.Two bitcoin exchange-traded funds (ETFs) started...

On Thursday, two separate bitcoin ETFs will launch, one allowing direct access to bitcoin while the other offers shares in a company that offers spot-bitcoin exposure.Two bitcoin ETFs in Australia are set to launch this Thursday, May 12. The 21 Shares Bitcoin ETF will offer direct access to bitcoin backed by BTC in cold storage. The Cosmos Purpose Bitcoin Access ETF will...

The United States Securities and Exchange Commission seems willing to approve a spot ETF if adequate surveillance measures are in place. A footnote in a recent letter said as much, saying that it would overcome concerns about investor protection. The SEC is stubborn in its demands for investor protection and wants more supervision of the market before it allows such developments as a...

The first bitcoin spot ETF in Australia has been delayed, reportedly by a ‘prime’ broker, and it is unclear when it will start trading.The first Australian bitcoin spot ETF from Cosmos Asset Management has been delayed. The delay comes as a surprise since the national clearing house and corporate regulator had previously greenlit the product. AFR reports that an unknown “prime” or...

21Shares is set to become the first issuer to launch a spot bitcoin ETF in Australia after Cosmos announced its de-facto fund of funds.Cryptocurrency- focused company 21Shares has teamed up with leading exchange-traded fund (ETF) provider ETF Securities to launch Australia’s first spot bitcoin ETF, the firm said in a statement Tuesday.The 21Shares Bitcoin ETF (EBTC) is set to go live on...

In an interview with CNBC, the CEO of Grayscale Investments argued that his company sees the approval of a spot bitcoin ETF as a matter of time.The listing of a spot bitcoin exchange-traded fund (ETF) in the U.S. is only a matter of time, said Grayscale Investments CEO Michael Sonnenshein.The chief executive recently discussed the market need and impending approval for...

The world’s largest crypto asset management firm, Grayscale is reportedly going to file an application to the SEC to convert the world’s biggest Bitcoin fund into spot ETF this week according to an anonymous source from the firm. CNBC’s report revealed that the ETF application will also have a 75-day review period. According to the The post Grayscale to reportedly convert the World’s...