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Bitcoin ETF a “Virtual Certainty”, Says Financial Expert

Bitcoin ETF a “Virtual Certainty”, Says Financial Expert (1)

Talks about a Bitcoin exchange-traded fund (ETF) have been in the works a while now, and some experts in mainstream finance still believe it’s only a matter of time before one is granted. Ric Edelman, co-founder of Edelman Financial Services, insisted in an interview with CNBC that a Bitcoin ETF was “virtually certain”. The derivative market for Bitcoin and altcoins are …


Billionaire Investor Says Bitcoin Should Be 1% of Major Macro Funds

Billionaire Investor Says Bitcoin Should Be 1% of Major Macro Funds

Mike Novogratz, a billionaire investor, believes that at least 1% of portfolios of all major macro fund should be held in Bitcoin. His statement came after Bitcoin displayed a strong corrective rally. Don’t understand why all the big macro funds out there don’t have a 1 percent position in $btc. Just seems logical even if your prone to be a …


US Crypto Regulations Between a Rock and a Hard Place

US Crypto Regulations Between a Rock and a Hard Place

In the midst of the delay for the approval of Bitcoin exchange-traded fund (ETF) applications after several rejections, and current uncertainty regarding regulatory framework, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce provided insights into the matter as an opportunity for better industry development. Last week, Heister made comments on the issues of state regulation at the University of …


24-Hour $10 Billion Surge In Crypto Market Promotes Bullish Analysis

24-Hour $10 Billion Surge In Crypto Market Promotes Bullish Analysis

The cryptocurrency market has taken a huge bounce since Friday in a 24-hour surge across the board with Litecoin being a real mover – up 30 percent, adding more than half a billion dollars to its valuation. With crypto’s hallmark icon, Bitcoin, also up 8 percent over the same period, analysts are suggesting this may be the long-awaited bull run …


Binance: ETFs Not Core to Crypto Growth

Binance_ ETFs Not Core to Crypto Growth

A popular trend as the cryptocurrency industry develops is the introduction of the analogous derivative instruments of the traditional financial market, aimed at luring in institutional investors into the crypto world. One such instrument is the exchange-traded fund (ETF). CEO of leading cryptocurrency exchange Binance, Changpeng Zhao, has, however, downplayed the role of ETFs in the growth of the crypto industry. …


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