ETFs


Finance

Michael Saylor Says Bitcoin ETFs Will Be the ‘Super Tanker’ for His MicroStrategy ‘Sports Car’

The software company now owns around $4.5 billion worth of bitcoin and is planning to buy more in the third quarter of this year.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Policy

TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures Fund

The move comes the same week that six other companies filed to launch ether futures ETFs.

(Khaosai Wongnatthakan/Getty images)

Markets

Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts

They now see a 65% chance a U.S. spot bitcoin ETF will launch this year, up from 50% previously.

Graph superimposed over a markets monitor

Finance

Coinbase Soars After Reaching Cboe Surveillance Sharing Agreement for 5 Bitcoin ETF Applications

The shares of the crypto exchange climbed as much as 16% on Tuesday.

Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)

Finance

BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred

Larry Fink, CEO of the world’s biggest asset manager, says crypto could “revolutionize finance,” endorsing an industry he once viewed with skepticism. But the very nature of an ETF is at odds with the original ideals of Bitcoin.

Larry Fink on Fox News (Fox Business)

Markets

SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan

Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.

Photo of the SEC logo on a building wall

Finance

BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’

The asset management giant in mid-June filed paperwork with the SEC for a spot bitcoin ETF.

BlackRock CEO Larry Fink

Finance

Valkyrie Refiles for Spot Bitcoin ETF With Coinbase as Surveillance Partner

The asset manager first filed for a spot bitcoin exchange-traded fund in January 2021.

Canary Capital founder and CEO Steve McClurg (Danny Nelson/CoinDesk)

Tech

BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner

Refiled application by Nasdaq to list a BlackRock bitcoin ETF follows a report last week that the SEC deemed earlier proposals "inadequate" since they didn't specify the name of the underlying market in so-called surveillance-sharing agreements.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Policy

Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein

The lack of a spot ETF leads to the growth of over-the-counter products like the Grayscale Bitcoin Trust, which are more expensive, illiquid and inefficient, the report said.

U.S. Securities and Exchange building (Shutterstock)