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Kevin O’Leary Won't Invest in Spot Bitcoin ETFs Kevin O’Leary, also known as Mr. Wonderful, recently stated that he will never purchase a spot bitcoin exchange-traded fund (ETF). Instead, he prefers to hold bitcoin for the long term, considering it as digital gold. According to O’Leary, spot bitcoin ETFs add no value and are completely […]

Blackrock's Ishares Bitcoin Trust Acquires 11,439 BTC Blackrock's spot bitcoin exchange-traded fund (ETF), known as the Ishares Bitcoin Trust (IBIT), has acquired a total of 11,439 bitcoin. The market value of these holdings is estimated to be nearly $500 million. This impressive acquisition took place within just two days of the ETF's launch on the

The Rise of Bitcoin Larry Fink, CEO of Blackrock, the world's largest asset manager, has expressed his strong belief in bitcoin, stating that it is "bigger than any government." In an interview with CNBC and Fox Business, Fink described bitcoin as "digital gold" and emphasized its potential as a long-term store of value. He highlighted

Self-Directed Gold IRAs are an excellent way to invest in gold without having to deal difficulties associated with purchasing physical bullion. This type of account permits investors to buy bullion directly through the state, and then store it in their own name. While many people prefer physically gold in their possession, all can access it.

Increased Probability of Bitcoin Reaching $1.5 Million Cathie Wood, the CEO of Ark Investment Management (Ark Invest), has reiterated her bullish bitcoin predictions, now stating that there is a higher probability of the price of bitcoin soaring to $1.5 million per coin. Wood's optimism stems from the recent approval of 11 spot bitcoin exchange-traded funds

Vanguard's Decision to Exclude Spot Bitcoin ETFs Several investment firms, including Vanguard, have decided to block customers from trading spot bitcoin exchange-traded funds (ETFs). Vanguard explained that these products do not align with their focus on asset classes such as equities, bonds, and cash. As a result, some dissatisfied customers have closed their Vanguard accounts

Self-Directed Gold IRAs are a great way to make investments in gold without having to deal with the headaches associated with purchasing physical bullion. This type of account allows investors to buy gold from the government directly and then store it in their own name. Although many prefer holding the physical form of gold, it

SEC Commissioner Hester Peirce Expresses Frustration over Delay in Spot Bitcoin ETF Approval SEC Commissioner Hester Peirce has voiced her criticism of the agency for the prolonged delay in approving spot bitcoin exchange-traded funds (ETFs). In a statement, she emphasized that the arbitrary and capricious treatment of applications in this area not only damages the

Warren Davidson, the Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has strongly opposed the policy recommendations put forward by the U.S. Treasury regarding crypto assets. He argues that these suggestions aim to effectively outlaw digital assets in the United States by imposing impractical compliance

Introduction The renowned author of "Rich Dad Poor Dad," Robert Kiyosaki, has recently disclosed that he has acquired additional bitcoin following the U.S. Securities and Exchange Commission's (SEC) approval of spot bitcoin exchange-traded funds (ETFs). Kiyosaki, who is deeply concerned about the U.S. economy and the looming threat of hyperinflation, decided to increase his bitcoin