Franklin Templeton, one of the world’s largest asset managers, has filed for a spot Bitcoin ETF, which would allow investors to directly invest in Bitcoin through a traditional brokerage account. This news has sparked a wave of optimism in the crypto community, with Bitcoin and Bitcoin Cash emerging as the […]
Tag: Spot ETF
Bitcoin Price Falls To $25.4K As Trader’s Enthusiasm For ETFs Turned Into Worry And Fear
The price of Bitcoin fell to $25.4K on Monday, its lowest level since June 16th. The sell-off was likely triggered by growing concerns that the US Securities and Exchange Commission (SEC) may not be willing to approve a spot Bitcoin ETF. SEC Delayed All Bitcoin Spot Applications The SEC has […]
Here’s What Spot Bitcoin ETF Approval Would Mean For The Entire Cryptocurrency
The approval of a Spot Bitcoin Exchange-Traded Fund (ETF) would have profound implications for the entire cryptocurrency industry, heralding a new era of legitimacy and accessibility. Currently, the cryptocurrency market is largely dominated by speculative trading on various exchanges, with limited options for traditional investors seeking exposure to digital assets. […]