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Zcash (ZEC) Jumps More Than 20% After Digital Asset Manager Grayscale Proposes New ‘Privacy ETF’ to the SEC

Zcash (ZEC) Jumps More Than 20% After Digital Asset Manager Grayscale Proposes New ‘Privacy ETF’ to the SEC

Digital asset management giant Grayscale has submitted a proposal for a new privacy-focused exchange-traded fund (ETF) that involves the altcoin Zcash (ZEC). If approved, the Grayscale Privacy ETF’s investment portfolio will consist primarily of investments in data privacy solution providers, cybersecurity firms, blockchain-based privacy solutions and network security companies, according to an N-1A form filed […]

The post Zcash (ZEC) Jumps More Than 20% After Digital Asset Manager Grayscale Proposes New ‘Privacy ETF’ to the SEC appeared first on The Daily Hodl.

Bitcoin price shows stabilizing signs as volatility drops: Bitfinex

Ripple CEO Brad Garlinghouse Says XRP ETF ‘Makes Sense,’ Predicts Inevitable Wave of New Crypto Investment Products

Ripple CEO Brad Garlinghouse Says XRP ETF ‘Makes Sense,’ Predicts Inevitable Wave of New Crypto Investment Products

The chief executive of payments platform Ripple says that it would “make sense” if exchange-traded funds (ETF) centered around XRP and other digital assets were created. In a new interview with Bloomberg, Ripple Labs CEO Brad Garlinghouse predicts that a new wave of crypto investment products will appear in the future. “I think it makes […]

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Bitcoin price shows stabilizing signs as volatility drops: Bitfinex

US Banking Leaders Vie for Spot Bitcoin ETF Custodianship in Joint Valentine’s Day Letter to the SEC

US Banking Leaders Vie for Spot Bitcoin ETF Custodianship in Joint Valentine’s Day Letter to the SEC

US banking giants are writing a joint letter to the U.S. Securities and Exchange Commission (SEC) arguing for spot Bitcoin (BTC) exchange-traded fund (ETF) custodianship. The letter, which was sent on Valentine’s Day by four industry leaders, addresses SEC Chairman Gary Gensler and asks him to modify a law passed in 2022 (SAB No. 121) […]

The post US Banking Leaders Vie for Spot Bitcoin ETF Custodianship in Joint Valentine’s Day Letter to the SEC appeared first on The Daily Hodl.

Bitcoin price shows stabilizing signs as volatility drops: Bitfinex

Here’s How Ethereum (ETH) Could ‘Speed Up’ From Recent Underperformance, According to Economist Alex Krüger

Here’s How Ethereum (ETH) Could ‘Speed Up’ From Recent Underperformance, According to Economist Alex Krüger

Macroeconomist Alex Krüger is detailing his outlook on how Ethereum (ETH) could pick up the pace from it’s slower than expected performance. In a new interview on the Bitcoin Suisse podcast, Krüger says Ethereum is currently the “slow horse” of the digital assets market, largely due to its size and its already-established presence in the […]

The post Here’s How Ethereum (ETH) Could ‘Speed Up’ From Recent Underperformance, According to Economist Alex Krüger appeared first on The Daily Hodl.

Bitcoin price shows stabilizing signs as volatility drops: Bitfinex

Hong Kong Regulator Receives First Application for Bitcoin Exchange-Traded Fund (ETF): Report

Hong Kong Regulator Receives First Application for Bitcoin Exchange-Traded Fund (ETF): Report

A multinational asset management giant has reportedly submitted the first application for a spot Bitcoin (BTC) exchange-traded fund (ETF) in Hong Kong. Harvest Fund Management applied to the Securities and Futures Commission (SFC) of Hong Kong, according to a recent report from the Chinese media outlet Tencent News. Tencent also reports that the regulator hopes […]

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Bitcoin price shows stabilizing signs as volatility drops: Bitfinex

Here’s What’s Preventing Bitcoin From Entering Into the ‘Real Bull-Market Territory,’ According to IntoTheBlock

Here’s What’s Preventing Bitcoin From Entering Into the ‘Real Bull-Market Territory,’ According to IntoTheBlock

Crypto analytics firm IntoTheBlock says that key metrics show Bitcoin (BTC) is not in a full-on bull market. IntoTheBlock says that Bitcoin’s current fundamentals are dissimilar from those during historical bull markets as the crypto king stalls around the $40,000 level. “A lack of volume compared to previous bull markets, a limited decrease in long-term […]

The post Here’s What’s Preventing Bitcoin From Entering Into the ‘Real Bull-Market Territory,’ According to IntoTheBlock appeared first on The Daily Hodl.

Bitcoin price shows stabilizing signs as volatility drops: Bitfinex

Kraken CEO David Ripley Says Spot Bitcoin ETFs Will Help Grow the Overall Crypto Industry – Here’s Why

Kraken CEO David Ripley Says Spot Bitcoin ETFs Will Help Grow the Overall Crypto Industry – Here’s Why

The CEO of US-based crypto exchange Kraken says the introduction of spot Bitcoin (BTC) exchange-traded funds (ETFs) will have a bullish impact on the crypto industry. Last week, the U.S. Securities and Exchange Commission (SEC) greenlighted BlackRock, Fidelity, Grayscale, VanEck, Bitwise, Franklin, Valkyrie, Hashdex, Ark Invest, WisdomTree and Invesco Galaxy to offer spot Bitcoin ETFs. […]

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Bitcoin price shows stabilizing signs as volatility drops: Bitfinex

‘It’s a Certainty’ – Ripple CEO Brad Garlinghouse Says Other Crypto Assets Will Get Spot ETFs Just Like Bitcoin

‘It’s a Certainty’ – Ripple CEO Brad Garlinghouse Says Other Crypto Assets Will Get Spot ETFs Just Like Bitcoin

The chief executive officer (CEO) of Ripple Labs is certain that other cryptos will follow in Bitcoin’s (BTC) footsteps on their way to spot exchange-traded funds (ETFs). In a new interview with CNBC, Ripple CEO Brad Garlinghouse says the possibility of an Ethereum (ETH) ETF and others is a “certainty.” “It’s a certainty. I’m not […]

The post ‘It’s a Certainty’ – Ripple CEO Brad Garlinghouse Says Other Crypto Assets Will Get Spot ETFs Just Like Bitcoin appeared first on The Daily Hodl.

Bitcoin price shows stabilizing signs as volatility drops: Bitfinex

US SEC ‘Taking a New Look’ at Spot Bitcoin ETF Applications Based on Recent Court Rulings: Gary Gensler

US SEC ‘Taking a New Look’ at Spot Bitcoin ETF Applications Based on Recent Court Rulings: Gary Gensler

U.S. Securities and Exchange Commission Chairman Gary Gensler says the SEC is taking a new look at spot Bitcoin (BTC) exchange-traded funds (ETFs) in light of recent court rulings. In a recent interview with CNBC, Gensler spoke about the raft of pending BTC ETF applications being reviewed by the SEC. “I’m a chair of a […]

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Bitcoin price shows stabilizing signs as volatility drops: Bitfinex

Bitcoin’s top of funnel is becoming less noisy, suggests Swan Bitcoin CEO

According to Swan Bitcoin CEO Cory Klippsten, Bitcoin ETFs are set to replace the chaotic entry points tainted by flashy crypto marketing campaigns since 2017.

Swan Bitcoin CEO Cory Klippsten has suggested that spot Bitcoin (BTC) exchange-traded funds (ETF) will suppress the loud and flashy marketing strategies that have served as the initial gateway for many into the crypto space since 2017.

During a recent interview with Bloomberg on December 1, Klippsten reiterated that Bitcoin ETFs offer an alternative entry into the market at a time when it has been tainted by well-funded crypto marketing schemes:

“The past six years from 2017 through 2023, the top of the funnel for people looking to get into Bitcoin has been extremely noisy, polluted by all of the crypto marketing schemes funded by $50 billion of venture capital, trying to essentially market and dump crypto tokens.”
Cory Klippsten speaking on Bloomberg Radio. Source: Bloomberg

He went on to clarify that an ETF functions similarly to an IOU for the product, differentiating it from a futures-based alternative.

"I think it's a great top of funnel for people to get into Bitcoin and then if they want to go a little deeper and explore it, and hold more," he stated.

Moreover, aligning with the views of fellow crypto analysts who posit a "clear runway" for Bitcoin ETF approval in January, Klippsten expressed a similar optimism.

"That window seems to have been narrowed to January 8th, 9th, or 10th.

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Bitcoin price shows stabilizing signs as volatility drops: Bitfinex