ETF

While proposed spot bitcoin ETFs from BlackRock and others are novel in some ways, there’s no substitute for holding bitcoin in self custody.

Just as anticipation mounts in the U.S. for a spot bitcoin ETF approval, Europe’s previously approved ETF is now ready to launch.

According to the Wall Street Journal, the SEC has found the spot ETF filings lacking in info, requesting firms refile with more.

Fidelity Investments has refiled its spot bitcoin ETF application, which brings the total pending applications to seven.

The new BITC ETF will use an “optimum roll” strategy to focus on long-term returns for investors.

DC Circuit judges hammered the SEC’s lawyers as they defended their decision to not approve Grayscale’s move toward a spot bitcoin ETF.

The Grayscale Bitcoin Trust is considering a tender offer that would aim to return investor capital if the SEC keeps blocking its conversion to a spot ETF.

The futures ETF will be the first of its kind available in Asia according to the asset manager, CSOP.

With the continual rejection of a bitcoin spot ETF but approval of a futures ETF, the SEC is tipping the scale in favor of controlling the market.

ProShares will release a new ETF allowing investors to short bitcoin during harsh market conditions enabling institutions to legally bet against the asset.