Bitcoin ETF News LIVE Updates: The global crypto and stock markets await the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin ETF today. The final deadline for the SEC to approve or deny ARK 21Shares Bitcoin ETF (ARKB) is today, January 10. Experts anticipate approval of all 11 spot Bitcoin ETFs prospectus at the same time.
Meanwhile, hackers took over the U.S. SEC’s X account and posted fake posts regarding the approval of all Bitcoin ETFs. SEC Chair Gary Gensler revealed immediately the securities agency has not approved the listing and trading of spot bitcoin exchange-traded products. It caused over $140 million in liquidation in a few hours.
Live
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.
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.
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.”
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.
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.
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.
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%.
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.
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.
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.
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..”
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.
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.”
11:14:42 AM IST, 10 January 2024