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Showing posts with the label btc etf

Bitcoin supply may not be fixed at 21M, says Blackrock

One of the world’s largest asset managers momentarily delighted Bitcoiners today when it released a three-minute advertisement for bitcoin (BTC). Just 90 seconds into the video, however, delight turned to dismay when viewers spotted Blackrock’s finely printed supply disclaimer overlaid atop an otherwise glowing overview of the currency’s monetary credentials. In the video, which was amplified by MicroStrategy Chairman Michael Saylor, Blackrock disclaimed, “There is no guarantee that bitcoin’s 21 million supply cap will not be changed.” BlackRock explains #Bitcoinpic.twitter.com/X2fPl8tL2s — Michael Saylor️ (@saylor) December 17, 2024 The disappointment at the sighting was palpable.  Bitcoiners labeled it “misinformation,” “FUD,” “underhanded,” “laughable,” and a homophonic euphemism for retarded. The topic immediately trended on X. Unbeknownst to most Bitcoiners, that disclaimer is also present in Bl...

All Spot Bitcoin ETF Applicants Submit S-1 Final Amendments

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A total of 11 asset management firms controlling trillions of dollars worth of investments have submitted their S-1 final amendments for Spot Bitcoin ETF . Reports suggest the U.S. Securities and Exchange Commission (SEC) could approve the Spot Bitcoin ETF this month in January 2024. There is a 95% probability that the Bitcoin ETF could be approved by the end of this week, reported Bloomberg. Also Read: US Dollar Index Falls Dangerously Low: Could Slip Below 100 JUST IN: Spot # Bitcoin ETF applicants submitted their final registration of securities amendments: • VanEck • Bitwise • Fidelity • Valkyrie • Franklin • ArkInvest • Grayscale • BlackRock • WisdomTree • Invesco Galaxy — Watcher.Guru (@WatcherGuru) January 8, 2024 The 11 asset management firms that have submitted their Spot Bitcoin ETF S-1- final amendments are BlackRock, Grayscale, ArkInvest, Fidelity, Franklin, VanEck, Valkyrie, Bitwise, Hashdex, WisdomTr...