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SEC Delays Approval of Bitcoin Exchange Fund; Gas Prices Continue Climb

SEC Delays Approval of Bitcoin Exchange Fund; Gas Prices Continue Climb
newsweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsweek.com Daily Mail and Mail on Sunday newspapers.

SEC Postpones Decision on Bitcoin ETF From Valkyrie Digital Assets

SEC Postpones Decision on Bitcoin ETF From Valkyrie Digital Assets
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.

You can already invest in hundreds of ETFs with exposure to Bitcoin

You can already invest in hundreds of ETFs with exposure to Bitcoin Despite the lack of United States-based Bitcoin ETF, hundreds of funds have made significant investments into the blockchain and crypto industries. 11882 Total views News Numerous U.S.-traded exchange-traded funds, or ETFs, are loading up on shares in the world’s top crypto firms. According to ETF.com, hundreds of funds have invested in publicly-listed companies that are holding BTC on their balance sheets. As of this writing 88 ETFs hold MicroStrategy shares, while 144 ETFs hold Square, and 222 ETFs hold Tesla. Sixteen ETFs have direct exposure to Bitcoin mining stocks.

Billionaire Mike Novogratz s Galaxy Digital is the 9th firm to apply for a bitcoin ETF

Billionaire Mike Novogratz s Galaxy Digital is the 9th firm to apply for a bitcoin ETF snagarajan@businessinsider.com (Shalini Nagarajan) © Thomson Reuters Michael Novogratz. Thomson Reuters Mike Novogratz s Galaxy Digital is the latest firm to apply for a bitcoin ETF with the SEC. The New York-based digital asset bank is already a sub-advisor to an active bitcoin ETF in Canada. Regulators are weighing similar applications from eight other firms including Grayscale and SkyBridge. Galaxy Digital, a crypto asset bank run by billionaire Mike Novogratz, filed for approval to launch a bitcoin exchange-traded fund on Monday, according to a Securities and Exchange Commission filing.

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