The number of crypto transactions has risen significantly in 2024 Interest in cryptocurrency has surged in 2024, with much of the excitement fueled by the introduction of Bitcoin exchange-traded funds (ETFs). These ETFs, particularly spot Bitcoin ETFs launched in the US in early 2024, have played a major role in boosting crypto activity across the
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A New Jersey mayor wants to invest the city’s pension fund in Bitcoin ETFs
Cryptocurrency ETFs are starting to pick up as a possible investment alternative Jersey City, under the leadership of Mayor Steven Fulop, is poised to take a bold step into the realm of digital assets. Since his election in 2013, Mayor Fulop has been at the forefront of innovative and progressive financial strategies to bolster the
Bitcoin ETFs are now worth almost $68 billion
Interest in cryptocurrency investments continues to gain ground Bitcoin exchange-traded derivatives are investment products that follow the price or give BTC more exposure and have recently exceeded one million in global Bitcoin reserves. The 11 ETFs have used up 855,619 Bitcoin since spot Bitcoin ETFs first became available in the US in January 2024, earning
Arizona lawmakers want to allow Bitcoin ETFs in retirement portfolios
The goal is to add more legitimacy to the digital currency ecosystem and capitalize on Bitcoin’s strength Arizona State Senators are considering a proposal to include Bitcoin exchange-traded funds (ETFs) in two state retirement portfolios. The House is reviewing the resolution for a second time after it passed the Senate’s Third Reading on February 22
Asset manager Vanguard rejects Bitcoin spot ETF, causing customer frustration
Vanguard users are threatening to close their accounts as the company rejects cryptocurrency Asset management firm Vanguard’s decision not to permit purchasing of spot Bitcoin exchange-traded funds (ETF) on its platform has apparently driven some customers away. The Wall Street Journal reported on January 11 that Vanguard says it won’t offer spot Bitcoin ETFs on
Spot Bitcoin ETF trading option goes live in the US
The SEC has finally approved the first regulated spot Bitcoin exchange-traded fund The US Securities and Exchange Commission (SEC) has approved the first regulated spot Bitcoin exchange-traded fund in the country, just a day after a fake announcement posted on the SEC’s official Twitter page caused mayhem on the markets. On January 10, the SEC
Google to relax advertising policy on cryptocurrency ETFs
Rumors that a Bitcoin ETF may be approved in January have Google making preparations Google has revised its cryptocurrency-related advertising policy and will permit ads for US-based crypto trusts beginning in January, around the same time Bitcoin exchange-traded funds (ETFs) are expected to be authorized in the country. In its December 6 policy change log,
SEC courtroom loss could lead to Bitcoin ETF
The securities watchdog’s Gary Gensler may be losing his fight against all things cryptocurrency A US federal judge recently ruled against the Securities and Exchange Commission’s (SEC) decision to reject an exchange-traded fund (ETF) from Grayscale Investments via its Bitcoin Trust. However, experts say the court ruling will not automatically pave the way for the
The SEC may be on the verge of approving the first cryptocurrency ETF
The securities watchdog has agreed to consider a crypto trading proposal from BlackRock The US Securities and Exchange Commission (SEC) has accepted the application by BlackRock to request a spot Bitcoin exchange-traded fund (ETF) following its recognition of a similar application by Bitwise. Two in one week marks a record for the securities watchdog, which