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The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.Source: CoinDesk
The post Cathie Wood Calls Bitcoin a Financial Super Highway, Reiterates $1.5M Price Target appeared first on Crypto Breaking News.
The SEC has delayed its verdict on Hashdex and Ark 21Shares' spot Ethereum ETF applications until May 2024, signaling a cautious approach to crypto ETFs. (Read More)
So far, the SEC has not approved an application for a spot Bitcoin ETF. The latest rejection involves a Bitcoin ETF filed by Ark 21Shares.
(Read More)
The announcement by the U.S. Securities and Exchange Commission (SEC) to delay its decision on the Ark 21Shares Bitcoin spot ETF application has triggered a mixture of excitement and unease in the cryptocurrency community. This delay of almost eight weeks has raised questions about the future of cryptocurrency-based exchange-traded funds in the United States. The […]
Recently, ETF analyst James Seyffart has indicated that the eagerly awaited decision pertaining to the ARK 21Shares Bitcoin ETF could potentially be unveiled by the conclusion of tomorrow. With numerous inquiries flooding his direct messages and public mentions in recent days, Seyffart has shed light on the timeline surrounding the upcoming decision. Notably, the upcoming […]
While the spot Bitcoin ETFs smashed industry expectations in 2024, the products finished poorly with outflows in six of the last eight trading days.
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