ETF Financial News

As speculation about the upcoming approval or denial of spot-Bitcoin ETFs reaches a fever pitch, a group of former Citigroup Inc. executives is starting to offer securities backed by the oldest cryptocurrency that they say don’t need the blessing of US regulators. 

The cryptocurrency world is abuzz with significant developments as Bitcoin grapples with market volatility. On Thursday, Bitcoin’s price saw a notable decrease, dropping by nearly 4.50% to $43,000. Amidst this price fluctuation, major financial players like JPMorgan and Goldman Sachs are engaging in talks with Grayscale about the role of a Bitcoin Exchange-Traded Fund (ETF).

A market sell-off over the past day has seen Bitcoin’s price tumble by over 10%, with the cryptocurrency dropping from roughly $45,500 to as low as about $40,800.

In the volatile world of cryptocurrencies, Bitcoin recently experienced a sharp decline, losing over 7% in just 24 hours, and dragging other major cryptocurrencies down with it. Ethereum, Solana, XRP, Cardano, and Avalanche all suffered significant losses following Bitcoin’s drop to below $42,000.

Goldman Sachs is expected to be the latest financial institution to take on the role of authorized participant (AP)  in two key Bitcoin ETFs, according to a new report.

A senior ETF analyst has cast doubt on the accuracy of a new report published by crypto investment services provider Matrixport alleging the SEC may very well reject all spot Bitcoin ETF applications come January.

high of $45,000 for the first time since April 2022, bitcoin witnessed a sharp fall to trade at $42,685 on Wednesday, registering a 6 percent fall in 24 hours, CoinMarketCap data revealed. Following a high of $45,500 on Wednesday, bitcoin slipped to as low as $40,550, registering 10.9 percent fall before bouncing back to $42,200, revealed CoinDesk data. The unanticipated slide is seen as an outcome of jitters around the expected approval of a spot bitcoin ETF.

More than $460 million in longs liquidated across the crypto market over the past hour alone after the price of Bitcoin dropped by 8% on rumors that the SEC might delay spot ETF approval.

With the Securities and Exchange Commission (SEC) nearing the potential approval of the first Bitcoin (BTC) exchange-traded funds (ETFs), issuers are vying for an early advantage to capture investor interest.

LONDON (Reuters) — Bond exchange-traded funds (ETFs) gathered an annual record of $300 billion of assets under management in 2023, BlackRock (NYSE:BLK) said on Wednesday, as investors were lured in by the highest yields in decades.

The U.S. stock market looks set to extend its strong performance in the new year as investors eye multiple interest rate cuts from the Federal Reserve in 2024.

7RCC, an ESG-conscious company, has recently applied for a spot Bitcoin Exchange-Traded Fund (ETF), marking a significant stride in the fusion of cryptocurrency investment with environmental sustainability. This innovative financial instrument aims to cater to investors who are increasingly focused on environmental, social, and governance (ESG) criteria in their investment decisions.

The world of cryptocurrency has seen a surge in popularity over the past few years, with many investors turning to digital currencies as a way to diversify their portfolios. However, with the increasing number of cryptocurrencies on the market, it can be difficult to make informed investment decisions. This is where AI technology comes in.

Well-known macro expert and crypto veteran Lyn Alden believes that a peak of $100,000 for Bitcoin (BTC) during the next bull market would be a rather underwhelming outcome for the ongoing bullish cycle.

In the dynamic world of cryptocurrencies, Bitcoin currently trades at $45,224, marking a slight decrease of less than 0.50% on Wednesday. In a significant move, Michael Saylor has initiated the sale of $216 million in MicroStrategy stocks, opting to invest further in Bitcoin.

gold is anticipated to reach Rs 70,000 per 10 grams in the local market. This projection is attributed to a stable rupee, geopolitical uncertainties, and the deceleration of global economic growth, as indicated by experts. Buying gold in tangible or physical forms such as jewelry, gold coins, or bars can be significantly expensive. In contrast, possessing it in a paper form like gold exchange-traded funds (gold ETFs) is more cost-effective, with prices aligning closely to the actual value of gold. Also read: 6 ways to buy and invest in gold Hence, if your goal is to capitalize on the potential increase in the value of gold in the future, opting for the ETF route is the solution. Comparable to mutual funds, where the investment's value mirrors that of the underlying securities (equity or debt), in the case of gold ETFs, gold serves as the underlying asset.

retail investor interest sparked by soaring yields in 2023. Online brokerage Public, wealth management platform Wealthfront and fintech software company Apex Fintech Solutions are among the firms launching new products that aim to make it easier and more affordable for individual investors to gain exposure to fixed-income products like Treasuries and corporate bonds.

Investing.com — US stock futures saw little movement during Tuesday's overnight trading, following the NASDAQ Composite's most severe declines since October.

Shares of crypto-adjacent companies rose Tuesday while the price of Bitcoin skyrocketed above $45,000, its highest level since April 2021, as anticipation of a spot exchange-traded fund built.

Former crypto-skeptic and “Mad Money” host Jim Cramer continued to sing Bitcoin’s praises during a Tuesday morning appearance on CNBC.                            

As the Sei ($SEI) pump continues at the start of 2024, investors are increasingly asking whether they may have missed their opportunity to buy the cryptocurrency.