The Securities and Exchange Commission (SEC) has approved spot Ethereum ETFs, marking a pivotal moment in cryptocurrency regulation. This decision builds upon the SEC’s prior approval of spot Bitcoin ETFs, signalling a progressive shift in regulatory attitudes towards mainstream crypto investment vehicles. A New Era of Investment? Cryptocurrency ETF approvals often ignite increased market enthusiasm, […]
Wells Fargo and Bank of America’s Merrill Lynch have made a notable entry into the crypto market. They now offer select wealth management clients access to Bitcoin Exchange-Traded Funds (ETFs) according to Bloomberg Law. This move is indicative of a significant shift in the traditional finance sector’s approach to cryptocurrencies. Wells Fargo and Merrill Lynch […]
Bitcoin EFT has outperformed the collective daily volume of 500 ETFs launched in 2023, achieving an impressive threefold increase. On January 16, the cumulative trading volume of 10 spot Bitcoin ETFs surpassed the combined volume of all 500 ETFs from the previous year, exceeding it by more than three times. Unprecedented Trading Volumes According to […]
