Bitcoin ETF News Updates: SEC Greenlights Spot Bitcoin ETF, Trading Starts Tomorrow

By Varinder Singh
Published 10 Jan, 2024 | 11:17:03 AM IST Updated 27 Sep, 2024 | 05:17:20 PM IST
Australia's Largest Bank Offers Monochrome Bitcoin ETF To 17M Customers
By Varinder Singh
Published January 10, 2024 Updated September 27, 2024

Bitcoin ETF News Updates: The world is on edge as the US SEC has approved all 11 spot Bitcoin ETFs. After Tuesday’s turmoil due to false information about ETF approvals, Bloomberg Terminal is finally uploading all 11 Bitcoin offerings ahead of anticipated trading on Thursday.

After almost a decade of rejection, the SEC has finally issued the 9b-4 documents, marking a ‘change in circumstances.’ This long-awaited approval, supported by three of the five commissioners, including Gary Gensler, has been met with enthusiasm from the cryptocurrency community.

The SEC website crashed shortly after the announcement before coming back online.

Live
06:00:00 AM IST, 11 January 2024

Bitcoin ETF Updates: SEC Narrowly Approved Bitcoin ETFs with a 3-2 Vote

The SEC conducted a vote on the decision ahead of the Bitcoin Spot ETF approval, revealed Fox Business’ Eleanor Terrett.

Commissioner

Vote

Gary Gensler

Approved

Hester Peirce

Approved

Mark Uyeda

Approved

Caroline Crenshaw

Not Approved

Jaime Lizárraga

Not Approved

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05:45:00 AM IST, 11 January 2024

Bitcoin ETF Updates: Robinhood Eager to List Newly Approved Bitcoin ETFs

Robinhood CEO Vlad Tenev expressed excitement about the SEC’s approval of spot Bitcoin ETFs, highlighting Robinhood’s readiness to list these ETFs on its platform.

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05:30:00 AM IST, 11 January 2024

Bitcoin ETF Updates: Coinbase Calls Approval a 'Watershed Moment'

Focusing on Bitcoin’s long-term growth upon ETF approval, Coinbase said in a release, “The SEC’s approval of 11 spot bitcoin ETFs, 8 of which are partnered with Coinbase, is a watershed moment for the expansion of the cryptoeconomy.”

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05:10:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Michael Saylor Jokes About SEC's Process

American businessman Michael Saylor took to X to take a dig at the SEC’s bureaucratic approval process.

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04:50:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Ripple CEO Brad Garlinghouse Cheers Approval

Ripple’s CEO Brad Garlinghouse celebrates the approval of Bitcoin spot ETFs as a pivotal event for the cryptocurrency industry. He said in a post on X, “Today’s news is further legitimization of crypto as an asset class.”

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04:30:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Edward Snowden Criticizes 'Politics in Congress'

Whistleblower Edward Snowden hailed the Bitcoin ETF launch that took a decade, criticizing crypto politics in Congress.

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04:10:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Rep. Tom Emmer Hails Crypto Industry's Triumph

Congressman Tom Emmer lauds the crypto industry’s victory in securing the approval of a spot Bitcoin ETF, overcoming what he called “tyrannical bureaucratic roadblocks.”

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03:50:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates:Grayscale CEO Michael Sonnenshein Says 'We are Grateful'

In an official press release,Grayscale CEO Michael Sonnenshein celebrated the SEC’s approval of spot Bitcoin ETFs. He sees this enhancing GBTC’s functionality, allowing it to better reflect the value of its Bitcoin holdings.

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03:30:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: SEC Chair Gary Gensler Says 'Circumstances Have Changed'

SEC Chair Gary Gensler confirms that the SEC has approved the trading of various spot bitcoin ETPs, a shift from previous disapprovals due to a court decision that necessitated a reevaluation. He noted that the SEC’s stance on these products has changed with circumstances.

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03:15:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Hester Peirce Critiques SEC's Delay in Approval

SEC Commissioner Hester Peirce has issued a statement on the SEC’s approval of spot Bitcoin ETFs, characterizing the prolonged delay to such products as a needless saga.

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02:40:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: All 11 Bitcoin ETF Issuers Ready to Trade

All 11 issuers were listed in the filings, including Grayscale, which will begin trading tomorrow. The update comes after a wait of almost 10 years.

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02:30:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: The SEC has Likely Approved Bitcoin ETF But Site Crashes

Bloomberg analysts have reported that the SEC has put out an “order granting accelerated approval” but the SEC website has crashed.

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02:25:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: CBOE "Jumped Gun" in ARK 21Shares Listing Announcement

CBOE releases withdrawal of certification for ARK 21Shares Bitcoin ETF
with an apparent discrepancy in dates. As per analysts, this might be a procedural misstep by CBOE and not an indicator of significant issues with the ETF listing process.

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02:10:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: VanEck Awaiting SEC Communication on Approval

Kyle Da Cruz, VanEck’s Head of Digital Assets Product, told Reuters that they are anticipating SEC approval later today. However, the firm has not received official confirmation from the SEC yet.

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01:52:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Cathie Wood Reminds That S-1 Form Awaits SEC Nod

Ark Invest CEO Cathie Wood told Fox Business, “The SEC yet to approve our S-1, so we will not be effective until they do.” According to experts, 9b-4 approval orders and final S-1s would mean that the ETF can trade tomorrow.

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01:40:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: SEC Engages FBI in Hack Investigation Before Final Verdict

The SEC, collaborating with the FBI and the Office of the Inspector General, is investigating the recent hack of its social media account.

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01:20:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Ark’s Cathie Wood Says SEC Hack Shouldn’t Delay Bitcoin ETF

Cathie Wood, the CEO of Ark Investment Management, said the recent hack of the SEC’s social media account won’t impede the decision on a spot Bitcoin ETF while speaking on Bloomberg’s ETF IQ.

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01:05:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Hashdex Submits Updated S-1

Bloomberg’s James Seyffart reports that Hashdex has filed an updated and amended S-1 form, indicating readiness to include spot Bitcoin in their $DEFI ETF upon listing.

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12:50:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: CBOE Releases Listing Notification for 6 ETFs

Cboe BZX has reportedly issued listing circulars for 6 Bitcoin ETFs to start trading on Thursday. Approval awaited from the SEC. Meanwhile, similar circulars have to come from Nasdaq and NYSE.

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12:40:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Rejection Out of Question as Issuer Gets Informal Nod

A senior executive from a major Bitcoin spot ETF applicant informed Fox Business that the SEC indicated their fund would be approved today after market close

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12:15:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: Trading Interfaces Ready Ahead of Verdict

Brokerage firms like Fidelity and TD Ameritrade have reportedly added Bitcoin ETF tickers to keep technical interface ready for trading.

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12:00:00 AM IST, 11 January 2024

Bitcoin ETF LIVE Updates: WisdomTree, VanEck Waiting For SEC Approval After Completion

Exchanges have approved the listing of two more filers, WisdomTree and VanEck, with the final approval of the SEC awaited.

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11:48:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Bloomberg Includes 11 ETF Tickers Under 'Pending Listing'

The SEC greenlight is the last step for the Bitcoin ETF applicants as Bloomberg Terminal includes all 11 filers as ‘Pending Listing.’

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11:30:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: BTC Surpasses $46.5K as SEC Decision Looms

Bitcoin is trading close to $46,500 as per TradingView charts after recording gains ahead of the ETF verdict by the US SEC.

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11:10:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Approval Anticipation Builds But Will Fund Flow be a Hit?

Following the launch of Ethereum ETFs, which underperformed expectations, the crypto community is more optimistic about the potential approval of Bitcoin Spot ETF.

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10:45:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Approval Signals Bitcoin's Shift to 'Global Macro Asset'

Crypto veteran Vijay Boyapati predicts a major transformation for Bitcoin following the ETF approval, evolving it from a retail-dominated asset to a global macro asset. He foresees Bitcoin competing with gold and US treasuries, potentially exceeding gold’s market capitalization within the next five years.

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10:20:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Crypto Community Checking SEC Website Before Social Channels

The crypto community is more cautious this time around as the SEC is set to give its verdict regarding the Bitcoin ETF. After the security breach of the SEC account on X, users are checking the agency website for approval communication.

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10:15:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: SEC Reportedly Prompted Issuers to Request Acceleration

The push for acceleration requests by Bitcoin ETF issuers comes directly from SEC instructions, indicating a near-final stage in the ETF approval process.

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10:10:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: 4 Applicants Get CBOE Greenlight Pending SEC Approval

If the SEC approves, ARK 21Shares, Invesco Galaxy, Fidelity, and Franklin Templeton will start trading tomorrow. CBOE approved their listing and filed a “request for acceleration” for the launch.

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09:55:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Invesco Galaxy Files Listing Request With CBOE

Invesco Galaxy Bitcoin ETF has filed a “request for acceleration” for the launch on Thursday, right after ARK 21Shares.

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09:45:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: ARK 21Shares Files Listing Request With CBOE

The first “request for acceleration” to launch a Bitcoin ETF simultaneously with others on Thursday has been filed by ARK 21Shares.

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09:30:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Hal Finney's 2009 Tweet Strengthen Faith on ETF Approval

Early Bitcoin contributor and computer scientist Hal Finney’s post on X from 2009 is building approval optimism for the community.

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09:08:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: JPMorgan CEO Jamie Dimon Says BTC 'Doesn't Have Value'

CEO Jamie Dimon criticized Bitcoin in an Interview with FOX Business despite JPMorgan’s involvement as an AP in at least two ETF applications.

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08:50:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Industry Optimism Translates to Bitcoin Trading Above $45K

The crypto industry is reportedly upbeat about the upcoming Bitcoin ETF verdict. Meanwhile, Bitcoin has recorded gains on the hourly chart and is trading above $45K.

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08:25:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: SEC Approval Can Pressurize China's Crypto Ambitions

As US led the Bitcoin ETF ambition, Hong Kong is reportedly set to launch up to 10 Bitcoin and crypto spot ETFs. Is China reflecting on a strategic push in the global institutional Bitcoin market?

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08:10:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Bitwise CIO Says ETF Necessary But Not Sufficient

Bitwise CIO Matt Hougan noted that while ETFs alone aren’t enough for Bitcoin’s long-term success, they are a necessary step. He said they are akin to Coinbase’s role in advancing crypto’s potential through regulated trading and custody.

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07:55:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Jump Stays Out of ETF Race

Trading firm Jump remains conspicuously absent from the Bitcoin ETF launch, Fortune noted in its report on Wednesday. Jump has opted not to join its peers like Jane Street and Virtu as an authorized participant (AP) in the ETF race.

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07:40:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Consumers Are Bigger Winners Than Coinbase

Consumers emerge as potential winners in the Bitcoin ETF race, with low fees from funds under the custody of Coinbase and Fidelity. As they will apply downward pressure on industry-wide prices, noted Bloomberg’s James Seyffart.

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07:25:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Coinbase CSO Offers Security Aid After False ETF Tweet

Coinbase’s Philip Martin has extended support to the SEC and Chairman Gary Gensler for enhanced social media security protocols, following the SEC’s Twitter account breach and unauthorized posts about Bitcoin ETF listings.

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07:10:00 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Indian Exchange Sees Opportunity for India

Rajagopal Menon, VP at Indian crypto exchange WazirX told CoinGape, “For building wealth, diversification of portfolio, this move will be a golden opportunity, especially in countries like India where the appetite for crypto investment is high.”

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06:41:37 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: BTC Price Falls Below $45K

BTC price plunges over 1% in an hour, making a 24-hour low of $44,483. Bitcoin fell nearly 4% in the last 24 hours. Macro factors adding additional pressure over Bitcoin.

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06:30:01 PM IST, 10 January 2024

Bitcoin ETF LIVE Updates: Expect SEC's Decision After Market Close

Bloomberg ETF analyst Eric Balchunas expect SEC’s decision between 4-6 PM, after the US stock market closing hours. With TradFi entering Bitcoin market, spot bitcoin market may impact stock prices.

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06:03:39 PM IST, 10 January 2024

Bitcoin ETF Live News: Fundstrat Predicts Bitcoin At $100K-$150K

Fundstrat’s Thomas Lee predicts Bitcoin to reach $100K-$150K in the next 12 months. “There’s potentially a huge increase in demand with a Spot Bitcoin approval so I think in five years something around half a million is definitely achievable.”

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05:13:34 PM IST, 10 January 2024

Bitcoin ETF Live: Bloomberg ETF Analyst Says Bitcoin ETF Issuers Won't Raise Fee

Bloomberg senior ETF analyst Eric Balchunas said spot Bitcoin ETF issuers will not reduce fees. “ETFs only cut fees, never raise them.” Advisors would disapprove a fee increase because it impacts their brand.

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05:01:39 PM IST, 10 January 2024

Bitcoin ETF Live: Ark 21Shares Lowers Spot Bitcoin ETF Fee To 0.21%

Ark 21 Shares lowers fee from 0.25% to 0.21% for its spot Bitcoin ETF (ARKB). ARK announced a 6-month fee waiver for early participants.

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04:53:09 PM IST, 10 January 2024

Bitcoin ETF Live: BlackRock Reduces Spot Bitcoin ETF Fee To 0.25%

BlackRock reducing fee from 0.30% to 0.25% for its spot Bitcoin ETF. BlackRock also announced 12-month fee waiver for early investors.

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04:16:38 PM IST, 10 January 2024

Bitcoin ETF News Live: Ethereum OI Rises Amid Bitcoin ETF Hype

Traders shifts to Ethereum (ETH) as Bitcoin witness extreme volatility ahead of SEC’s decision on spot Bitcoin ETF. Open interest on Ethereum contracts surpasses $8 billion, up over 12%.

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03:55:16 PM IST, 10 January 2024

Bitcoin ETF Live Updates: ProShares Bitcoin Strategy ETF (BITO) Fell Over 2% In Pre-Market

ProShares Bitcoin Strategy ETF (BITO) price down nearly 2.5% in the pre-market hours. BITO price closed 0.57% lower on Tuesday at $22.72.

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03:27:22 PM IST, 10 January 2024

Bitcoin ETF Live Updates: Traders Hedge Against Bitcoin Decline As Deadline Looms

Luuk Strijers chief commercial officer of crypto options exchange Deribit, said traders are seeking protection from a likely Bitcoin (BTC) price drop amid the deadline for SEC’s decision on spot Bitcoin ETF.

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01:37:10 PM IST, 10 January 2024

Bitcoin ETF News LIVE: VanEck's Gabor Gurbacs Says SEC Post Is An ‘Inside Job’

VanEck and Tether advisor Gabor Gurbacs said it could be an inside job. He assets it may be the only way to stop or delay a Bitcoin ETF by creating an event like this.

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12:33:41 PM IST, 10 January 2024

Bitcoin ETF News LIVE: Approval Came From Inside SEC: Bloomberg Analyst's Poll

As per a poll on X by Bloomberg senior ETF analyst Eric Balchunas, participants believe the post came from inside the US SEC. Eric Balchunas said “I’m sticking w my initial theory (for now) that it came from inside SEC, a scheduled tweet gone bad..”

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11:36:27 AM IST, 10 January 2024

Bitcoin ETF News LIVE: Ripple CLO Fires Back At SEC's Own Cybersecurity Rules

Ripple CLO Stuart Alderoty fires back at the SEC and Chair Gensler after X account 2FA blunder. As per its own rule, the SEC should disclose the incident’s nature and scope, and the impact on the market as well as a description of its processes for assessing, identifying, and preventing cybersecurity threats.

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11:21:04 AM IST, 10 January 2024

Bitcoin ETF News LIVE: SEC Chair Gary Gensler: Bitcoin ETF Not Approved Yet

Gary Gensler took to X after fake spot Bitcoin ETF post. He said “The SEC twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”

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11:14:42 AM IST, 10 January 2024

Bitcoin ETF News LIVE: Over $140 Million Liquidated In Hours

The fake SEC’s post regarding the approval of all Bitcoin ETFs caused over $140 million in liquidations in hours. More than $70M longs and $65M shorts were liquidated.

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11:09:33 AM IST, 10 January 2024

Bitcoin ETF News LIVE: X Reveals How US SEC Account Was Hacked

X completes investigation and found the US SEC account was comprised after a hacker gained access to their phone number. Surprisingly, the account did not have two-factor authentication enabled.

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Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
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