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The U.S. Securities and Exchange Commission (SEC) has made a historic move by approving 11 spot bitcoin exchange-traded funds (ETFs) to be listed and traded on major U.S. stock exchanges. This long-awaited decision comes after years of anticipation and regulatory hurdles. The approved spot bitcoin ETFs are expected to start trading on Thursday on NYSE […]

A Landmark Decision by the SEC In a significant turn of events, the U.S. Securities and Exchange Commission (SEC) has given its approval to 11 spot bitcoin exchange-traded funds (ETFs). This decision has been long-awaited by cryptocurrency enthusiasts, as it marks a milestone in the regulatory landscape for digital assets. However, despite this historic regulatory

Introduction Investing in gold has long been considered a stable asset that holds its value over time. However, the logistics and cost of storing physical gold can be a deterrent for some investors. In such cases, investing in paper gold can offer an attractive alternative. This article will explore what paper gold is, the different

Self-Directed Gold IRAs are a fantastic option to make investments in gold without having to deal with the hassles of purchasing physical bullion. This type of account allows investors to buy gold directly from the government and store it in their own name. Although many prefer the physical form of gold, it is not possible

Srinivasan Believes Bitcoin ETF Approval Reflects Major Financial Paradigm Shift The recent approval of U.S. spot bitcoin exchange-traded funds (ETFs) signifies a significant shift from a century-long dominance of centralized monetary systems to the emerging realm of decentralized finance, according to Balaji Srinivasan, a distinguished figure in technology and the crypto industry. Srinivasan compares this

The United States federal government has recently increased its Bitcoin holdings by transferring $922 million from wallets linked to Bitfinex hackers in a seizure. The Rise of the US Government as a Major Bitcoin Holder Through a series of seizures and asset forfeitures, the US federal government has amassed a significant amount of Bitcoin, solidifying

Generation Bitcoin recently announced the launch of the Bitcoin Students Network (BSN), a project aimed at uniting student groups globally in the Bitcoin space. This initiative, presented by Generation Bitcoin, serves as a comprehensive platform offering logistical, educational, and financial support to students interested in Bitcoin. Connecting Students Globally BSN's primary objective is to establish

Bitcoin Hits $49K Before Dropping, ETFs Record $2.3B in Trades At 11 a.m. Eastern Time (ET) on January 11, 2024, the newly launched spot bitcoin exchange-traded funds (ETFs) saw an impressive trading volume of $2.3 billion. However, later that afternoon, bitcoin's spot markets experienced a significant decline, with prices falling below $46,000 after briefly reaching

Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More Leading up to the SEC approval deadline, spot Bitcoin ETFs, including industry giants Blackrock and Fidelity, began disclosing competitive fee structures, signaling the intensifying race to attract investors. Blackrock's Competitive Fee Structure Blackrock, in its Jan. 8 S-1 filing, announced

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, cast the deciding vote approving 11 spot bitcoin exchange-traded funds (ETFs) in a landmark decision on Wednesday. Before the approvals, the securities regulator held a vote on spot bitcoin ETFs, with two commissioners favoring and two opposing. Gensler's vote tipped the scales in