Bitget expands in Latin America, targeting novice investors with copy-trading. Navigating regulations, doubling local workforce, launching cryptocurrency debit card.
Huang BoAs of now, the SFC has not approved any virtual asset spot ETFs, and the industry requires time for preparations.
AlexTD Cowen analysts say MicroStrategy stock’s premium over BTC will compress but not disappear as spot Bitcoin funds come online.
JinseFinanceI believe that there is a high probability that the door will be opened for more institutions to enter the market, such as the Ethereum ETF, which is highly anticipated by the industry.
JinseFinanceThe U.S. SEC will make decisions and approve five Ethereum spot ETFs before the end of May, but it may be postponed to August to make a final decision.
JinseFinanceThe Bitcoin Spot ETF was approved today and will be available for trading tomorrow. So, why are Bitcoin ETFs so important?
JinseFinanceIf the ETF is approved, only time will tell whether $1 billion to $2.4 billion will flow into the ETF as expected.
JinseFinanceTransparency regarding on-chain proof remains pivotal for the approval of spot Bitcoin ETFs. Despite the anticipation for approval, the lack of verifiable on-chain proofs from existing applicants raises skepticism. ETF issuers emphasizing genuine Bitcoin holdings may bolster trust. However, security concerns and fee competitions complicate the landscape. The SEC's expected decision by January 10 carries significant weight, although the possibility of rejection due to regulatory deliberations remains a concern.
Huang BoApplications for Bitcoin spot ETFs in the US market have entered a peak period, and the Bitcoin halving is expected to be around the end of April 2024. Therefore, whether the spot EFT is approved this time has become the focus of the industry.
JinseFinanceWall Street eyes strategic advantage with potential XRP Spot ETF, amidst a maturing cryptocurrency landscape
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