Following the approval of the investment product, Bitwise has announced they are donating 10% of all Spot Bitcoin ETF profits to open-source Bitcoin development. Indeed, Bitwise Bitcoin ETF was one of 11 Spot Bitcoin ETFs approved...

Thursday, January 11, 2024 – Eleven spot Bitcoin ETFs have been approved by the US Securities and Exchange Commission (SEC) and start trading today. The

The SEC (Securities and Exchange Commission) ultimately approved the spot bitcoin ETF (BTC-USD) for several firms including Grayscale, Fidelity, and Bitwise, after Tuesday's false alarm. Now investors can engage with the cryptocurrency without holding the digital asset on crypto exchanges or in digital wallets. Delta Blockchain Fund General Partner Kavita Gupta joins Yahoo Finance to give insight into what the approval means for crypto at large and what investors need to keep in mind as they look to invest in the ETF. "I really feel like for the retail customer at this point of time, at least when it comes to cryptocurrencies associated, I'm not very sure how much SEC is towards retail customers or not," Gupta says. "Even in their announcement, they have talked about that it's already available through different drop rate systems, through Grayscale Trust, etc. So, it's not like retail customers do not actually have it excessively available, it's just going to be much more easier now." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Cryptocurrency exchange Coinbase, which has long been at loggerheads with the Securities and Exchange Commission, cheered the regulator's decision to …

The US Securities and Exchange commission approved eleven spot bitcoin ETFs after the market close on Wednesday. Coinbase (COIN) will serve as the custodian for a majority of the issuers that were approved. Coinbase CFO Alesia Haas tells Yahoo Finance's Seana Smith that it was "a landmark day for crypto," but that "this is a long journey and this is just one step along the way," in the bid for crypto to gain more widespread acceptance. So what is Coinbase doing to make sure investors' investments are safe? Haas says Coinbase has a "long history of safely storing assets for both our retail and institutional customers." Haas explains that the firm has a "qualified custodian... which means that we will be the underlying bitcoin custodian" for many of the ETFs that were approved. As part of their offering, Haas says the firm offers security, including cybersecurity. Haas believes the spot bitcoin ETF approval will "invite trillions of dollars that were previously not able to access crypto assets and not able to access bitcoin" access to the asset class. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich

Ether spiked nearly 6% Wednesday to $2,390 amid anticipation of the SEC's expected approval of spot bitcoin ETFs.

Vlad Tenev, CEO of the investment app Robinhood, said that the firm will begin offering spot bitcoin exchange-traded funds as quickly as it can. 

Coinbase praised the SEC's decision to approve spot bitcoin ETFs as the company is set to serve as custodian for several.

Although spot Bitcoin ETFs were approved, SEC member Caroline Crenshaw dropped a dissenting opinion, stating that the ETF approval decision was erroneous. Continue Reading: This SEC Member Opposed the Spot Bitcoin ETF Decision! Here are the reasons

The U.S. SEC's approval of spot bitcoin ETFs is met with mixed opinions from commissioners, raising concerns about standards and investor protection.

Bitcoin supporter House Financial Services Committee Chairman Patrick McHenry said the SEC's decision was a turning point. Continue Reading: Bitcoin Supporter US House Speaker Evaluated SEC's ETF Decision! "A Turning Point for the USA!"

Robinhood's CEO Vlad Tenev said the firm intends to list the 11 newly approved spot bitcoin ETFs as quickly as it can. 

(Bloomberg) -- Asian equities look set to drift higher after US stocks advanced ahead of inflation data due later Thursday. Bitcoin rose after US regulators approved exchange-traded funds tied to the digital currency. Most Read from BloombergAmazon’s Twitch to Cut 500 Employees, About 35% of StaffSEC Says FBI Is Investigating Compromise of Agency’s X AccountBoeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 AddressBitcoin Near $46,000 After ETF Approval Decision: Markets WrapFutures po

Following a landmark approval of all Spot Bitcoin ETF applications, the SEC has issued a statement regarding their decision. It is the first time Bitcoin exchange-traded funds will be available on the trade markets.In a statement,...

Uniswap logo The biggest crypto gainers today on Uniswap are $PNDC, $SPX and $MOG, while blue chip cryptocurrency markets are mixed on Wednesday in wake of the SEC’s approval of multiple spot Bitcoin ETFs. Bitcoin (BTC) is choppy just under $46,000, with traders looking ahead to ...

Funds that allow Bitcoin to be traded more easily have been approved for the first time by Wall Street’s regulator in a hotly anticipated move.

SEC Commissioner Caroline Crenshaw decried the approval of Bitcoin ETFs, calling out inconsistent decision-making and risks.

Stocks rise ahead of US inflation data; SEC approves bitcoin ETFs

Money managers got the green light Wednesday to launch 11 spot bitcoin ETFs roughly 24 hours after a fake social media post triggered chaos in the crypto world

Over the past 24 hours, the price of Immutable (IMX) has risen 4.64% to $2.1. This is contrary to its negative trend seen in the price of Immutable (IMX) […] The post The Price Of Immutable (IMX) Rises More Than 4% In 24 Hours appeared first on BitcoinWorld.

Bitcoin exchange-traded funds are set to start trading as early as Thursday after final registration statements went effective following a …

Yahoo Finance Live anchors Josh Lipton and Julie Hyman spotlight the biggest news and economic data investors should pay attention to on Thursday, January 11, including the first trades of spot bitcoin ETFs (BTC-USD), CPI and jobless claims prints, the latest mortgage rates data, and the closing arguments of former President Donald Trump's civil fraud case. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

The Securities and Exchange Commission has approved the applications of 11 spot bitcoin ETFs in a highly anticipated decision.

BlackRock launches iShares Bitcoin ETF on Nasdaq

Bitcoin ETFs are set to start trading after S-1s went effective following a months-long approval process with the SEC — so what's next?

Finally, the expected decision came and the SEC approved spot Bitcoin ETFs. There was a lot of speculation before the approval, and we even witnessed the SEC's Twitter account being hacked and fake news being made. At this point, the highly anticipated spot Bitcoin ETFs, which ha...

Spot bitcoin ETF applicants have seen their S-1 forms go effective, according to Bitwise CIO Matt Hougan, meaning that trading of these products can …

Billy Restey immortalizes SEC’s Gary Gensler X post on Bitcoin blockchain, ensuring clarity after a false ETF approval claim rattles the crypto market. Digital artist Billy Restey has inscribed U.S. […] The post Restey Immortalizes Gary Gensler’s X Post On The Bitcoin Blockchain ...

Grayscale CEO Michael Sonnenshein spoke about spot Bitcoin (BTC) ETF approvals. Here are the Details...... Continue Reading: Grayscale CEO Speaks After Spot Bitcoin ETF Approval! Here are their first statements!

Grayscale acknowledged that the U.S. Securities and Exchange Commission (SEC) approved its spot Bitcoin ETF proposal on Jan. 10.

BlackRock's Bitcoin ETF Approved by the SEC, Set to Commence Trading on Thursday, January 11th

The approval of spot Bitcoin ETFs could supercharge demand for the cryptocurrency and send its price soaring.

Bitcoin's new era on Wall Street is here.

Spot bitcoin ETF applicants have seen their S-1 forms become effective, meaning that trading can now get underway tomorrow.

Patrick Hillman, former CEO of Binance US, evaluated the Bitcoin Spot ETF approvals in his statement. Continue Reading: Former CSO of Binance US Speaks After Bitcoin Spot ETF Approvals: What Impact Will It Have on Price?

The price of bitcoin didn't react much to the Securities and Exchange Commission's approval of spot bitcoin exchange-traded funds (ETFs).  …

1 Jan Van Eck has shared the expected date of release of Van Eck’s spot BTC ETF. 2 He said that Van Eck will share its profit from ETFs with Bitcoin developers. 3 He says that it will be a positive sign for all the ETF applicants and they all will have shared benefits. VanEck’s C...

Securities and Exchange Commission Chair Gary Gensler said Wednesday that the agency he leads was not endorsing bitcoin as it approved spot ETFs that …

According to the official statement made by the US SEC, 11 Bitcoin Spot ETFs have been approved and will begin trading tomorrow. According to a statement released on Wednesday, the […] The post BREAKING: US SEC Finally Approves 11 Bitcoin Spot ETFs, Trading Starts Tomorrow appear...

SEC Chair Gary Gensler said the agency is not endorsing bitcoin with the approval of spot ETFs, but he said circumstances have changed.

US Securities and Exchange Commission (SEC) Chairman Gary Gensler confirmed that all Bitcoin Spot ETF products have been approved. Gensler stated that the SEC's actions are guided by adherence to the law and court interpretations. He noted that under Clayton's leadership, startin...

The Chicago Board Options Exchange (CBOE) has announced the imminent start of trading for Bitcoin Spot ETFs, marking a pivotal moment in the digital asset arena. This development follows the anticipated […] The post Bitcoin Spot ETFs To Start Trading Tomorrow – CBOE appeared firs...

JPMorgan Chase CEO Jamie Dimon reiterated his longstanding skepticism about BTC despite his company's role in the BlackRock Bitcoin ETF.

The SEC’s long-awaited approval of a series of cryptocurrency Exchange-Traded Funds (ETFs) is finally here! This groundbreaking decision holds profound implications, starting a new chapter in investment avenues and solidifying the growing relevance of cryptocurrencies in mainstre...

The SEC approves spot bitcoin exchange-traded products, but warns investors about the risks associated with bitcoin and crypto-linked investments.

Bitcoin's price jumped to $48,000 before dropping to $45,000 following a fake announcement from the SEC yesterday. Today it barely moved.

(Bloomberg) -- US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond.Most Read from BloombergAmazon’s Twitch to Cut 500 Employees, About 35% of StaffSEC Says FBI Is Investigating Compromise of Agency’s X AccountBoeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 AddressBitcoin Ne

(Bloomberg) -- Bitcoin held a gain of about 1% in the immediate aftermath of a Wednesday decision by the US Securities and Exchange Commission to approve ETFs investing directly in the token. Most Read from BloombergAmazon’s Twitch to Cut 500 Employees, About 35% of StaffSEC Says FBI Is Investigating Compromise of Agency’s X AccountBoeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 AddressBitcoin Near $46,000 After ETF Approval Decision: Markets WrapRead more: SEC Approves Bitcoin-Spot

Gensler stated that, unlike previous rejections, there were some factors that resulted in the approval of all spot Bitcoin ETFs. A mention...