ETFs


Markets

Private Equity Giant David Rubenstein Makes the Case for Bitcoin

Asset management leader BlackRock’s interest in a spot bitcoin ETF is among the signals that the cryptocurrency isn’t going anywhere, said the Carlyle Group co-founder.

Carlyle Group's David Rubenstein (Alberto E. Rodriguez/Getty Images)

Markets

Cathie Wood and Mike Novogratz Are Both Bullish on Spot Bitcoin ETF Approvals

Wood expects the SEC to approve multiple funds all at once, and Novogratz says his sources say they see approvals coming in four to six months.

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Policy

Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ‘Surveillance-Sharing’ Partner

The filing comes around the same time the firm requested permission to offer a bitcoin-futures ETF.

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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.

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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