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The crypto market experienced a severe downturn on Tuesday, and according to many on-chain metrics marked a bottom in bitcoin’s (BTC) price. The total crypto market capitalization hovered just above $2.7 trillion—marking a nearly $1 trillion wipeout since its peak in December 2024, according to TradingView data. Several indicators suggest that Tuesday’s sell-off may have … Read more
On Thursday, the U.S. Securities and Exchange Commission expedited approval for the Bitwise Bitcoin and Ethereum ETF, allowing it to be listed and traded on NYSE Arca. Bitwise’s hybrid ETF will offer investors direct exposure to Bitcoin (BTC) and Ethereum (ETH) in a single fund with Coinbase’s custody business to oversee the fund’s holdings. “I … Read more
Key Takeaways The SEC approved NYSE Arca’s proposal to list a Bitwise ETF offering exposure to Bitcoin and Ethereum. The ETF’s approval highlights the SEC’s increasing familiarity with crypto-backed investment vehicles. Share this article The SEC has granted accelerated approval for NYSE Arca to list and trade shares of the Bitwise Bitcoin and Ethereum ETF, … Read more
The U.S. Securities and Exchange Commission (SEC) is delaying its decision on asset management firm Bitwise’s proposed crypto index exchange-traded fund (ETF) to March of this year. In a post on the social media platform X, Bloomberg ETF analyst James Seyffart says the regulatory agency is pushing back its decision on whether to let Bitwise … Read more
This week’s crypto news unleashes exciting updates for those craving easy profits and superior trading experiences. Crypto.com has embraced Bad Idea AI’s $BAD token within its wallet, granting effortless access to the token and its robust decentralized finance (DeFi) services. Simultaneously, Plus Wallet has captured the hearts of dynamic traders. Its generous rewards program dishes … Read more
The relentless efforts by Bitwise CEO Hunter Horsley and chief investment officer Matt Hougan’s to bring institutional money into crypto for the past seven years finally paid off when spot ETFs for both bitcoin and ether were approved by the SEC earlier this year. The digital asset manager launched funds for both, taking its assets … Read more