Tag: ETF

Dividends in Bitcoin, the new bet for ETF managers

Dividends in Bitcoin, the new bet for ETF managers

Although managers charge maintenance fees for their Bitcoin ETFs, some are betting on a new strategy to attract customers. We are talking about paying dividends, something that is difficult to find when investing in Bitcoin. According to data collected by Protos, at least three ETFs are already exploring this new approach. Examples include the funds […]

Bitcoin will reach $175,000 after halving, says former White House director

Bitcoin will reach $175,000 after halving, says former White House director

For Anthony ScaramucciAccording to former White House communications director, Bitcoin will reach $175,000 after halving. He then noted that his forecast is conservative, explaining how BTC could reach $240.00 in this cycle. The halving, scheduled for mid-April, is an event that will cut miners’ rewards by half, reducing Bitcoin inflation. However, Scaramucci’s forecast is medium-term […]

Google will allow Bitcoin ETF ads next week, see the videos

Google will allow Bitcoin ETF ads next week, see the videos

Google, famous for its search engine, will start allowing Bitcoin ETF ads from Monday (29). The change in terms was published on December 6, more than a month before ETFs are approved in the US, where advertising is allowed. “Starting January 29, 2024, advertisers offering Cryptocurrency Coin Trust targeting the United States will be able […]

FTX may be behind the billion-dollar sale of Bitcoin

FTX may be behind the billion-dollar sale of Bitcoin

FTX, a cryptocurrency broker that filed for bankruptcy in November 2022, may be behind a billion-dollar sale of Bitcoin. The assets are said to be in GBTC, a Grayscale fund that recently converted into an ETF. In short, FTX is said to have 22 million GBTC shares and according to private data from CoinDesk, the […]

CEO of the largest Bitcoin ETF says not all managers will survive

CEO of the largest Bitcoin ETF says not all managers will survive

Michael SonnensheinCEO of Grayscale, doesn’t believe there is room in the US market for that many cash Bitcoin ETFs. Last week, the SEC approved 11 ETFs from different managers, and it’s likely others will embark on this journey as well. At the time of writing, Grayscale can proudly say that it has the largest Bitcoin […]

R$10 billion of ‘dormant’ bitcoin will be moved after ten years

R$10 billion of ‘dormant’ bitcoin will be moved after ten years

About 50,000 bitcoins, equivalent to R$10 billion, were moved this Tuesday (16) in five transactions. The amount accrued in 2013 had been stagnant for years and was last moved in 2019. Apparently, the interest in the move may be related to the approval of spot Bitcoin ETFs in the US. These products, approved last Wednesday […]

“SEC Made a Mistake in Approving Bitcoin ETF,” US Senator Says

“SEC Made a Mistake in Approving Bitcoin ETF,” US Senator Says

Senator Elizabeth Warren has criticized the US Securities and Exchange Commission’s (SEC) decision to approve Bitcoin ETFs. Warren, known for her strong positions on financial regulation, criticized the SEC for both the legality and the policies it used in approving the funds. In a post on Twitter (X), the senator argued that deepening Bitcoin’s integration […]

“We do not approve or endorse Bitcoin,” SEC says after approving ETFs

“We do not approve or endorse Bitcoin,” SEC says after approving ETFs

The US Securities and Exchange Commission (SEC) has approved the listing and trading of shares of Bitcoin-based exchange-traded products (ETFs). However, the regulator wanted to make it clear that the approval is in no way an endorsement of Bitcoin as an investment. The SEC, the US financial market regulator, is responsible for evaluating and approving […]

SEC Gets Hacked and Announces Fake Approval of Bitcoin ETFs

SEC Gets Hacked and Announces Fake Approval of Bitcoin ETFs

Bitcoin ETF The US Securities and Exchange Commission (SEC) announced on Twitter on Tuesday afternoon (9) the approval of Bitcoin investment funds (ETFs) for listing on all exchanges in the country. However, the advertisement was falsewith the president of the SEC reporting that the The agency’s Twitter account was hacked. “Today, the SEC approves Bitcoin […]

SEC President Warns About Cryptocurrencies and Former President Says ETF Approval Is “Inevitable.”

SEC President Warns About Cryptocurrencies and Former President Says ETF Approval Is “Inevitable.”

As the market awaits the US Securities and Exchange Commission’s (SEC) decision on approving Bitcoin ETFs, the US agency’s president has issued warnings to cryptocurrency investors. In a series of to inform on Twitter on Monday afternoon (8), Gary Gensler highlighted that many companies offering investments in cryptocurrencies may not be adhering to the laws. […]