SEC advances decision process on Franklin Templeton’s Bitcoin ETF application

In a surprising turn of events, the U.S. SEC has advanced its decision-making process regarding Franklin Templeton’s Bitcoin ETF application, which was not due until Jan. 1, 2024. The watchdog punted the previous Nov. 15 deadline to Jan. 1, 2024, to allow for a more comprehensive review of the proposal’s alignment with regulatory standards, particularly […]

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Grayscale Bitcoin Trust’s discount narrows to 8% amid growing ETF optimism

According to market data from YCharts on Nov. 24, the Grayscale Bitcoin Trust (GBTC) discount rate has narrowed to 8.06%. The “discount” refers to the situation where the Grayscale Bitcoin Trust (GBTC) shares are trading at a price lower than their underlying net asset value (NAV). GBTC began trading at a discount in early 2021, […]

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Canada and Germany dominate crypto ETP inflows as record $346M added to funds

Last week saw a remarkable influx of capital into digital asset investment products, amounting to $346 million, according to CoinShares’ most recent data. This figure represents the most significant weekly inflow in a consecutive nine-week run and marks a pivotal point last seen during the bull market enthusiasm of late 2021. According to the reported […]

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Former NYSE President Says This Catalyst Will Trigger Flood of Cash Into Bitcoin and Other Crypto Assets

The former president of the New York Stock Exchange (NYSE) says that one catalyst will inundate cash into Bitcoin (BTC) and other crypto assets. In a new interview with CNBC Television, Tom Farley, the former president of NYSE and current chief executive of the crypto exchange platform Bullish, says that Bitcoin exchange-traded funds (ETFs) will […]

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