Bitcoin ETFs could trade at 8% premium to spot, in-kind redemptions still possible later: Bloomberg

In a Jan. 8 interview on Bloomberg ETF IQ, Reggie Browne from GTS, the trading and liquidity services provider, discussed the potential approval of a spot Bitcoin ETF in the U.S. and its implications. Browne predicted an initial premium of approximately 8% above fair value for the ETFs, a significant figure considering the typical premiums The post Bitcoin ETFs could trade at 8% premium to spot, in-kind redemptions still possible later: Bloomberg appeared first on CryptoSlate.

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Spot Bitcoin ETF custody will be cheaper than several crypto exchanges if approved

Bloomberg analyst Eric Balchunas posited whether crypto exchanges would be forced to revisit their pricing structures should a spot Bitcoin ETF be approved, given the seemingly low fees charged by some of the most prominent players. However, regarding the issuers offering lower fees, Caitlin Long of digital asset custody platform Custodia Bank raised concerns that The post Spot Bitcoin ETF custody will be cheaper than several crypto exchanges if approved appeared first on CryptoSlate.

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Blackrock to charge 0.2% for first $5B, Ark to waive fee for for first $1B in assets into ETF

Major institutions in the race for the first spot, Bitcoin ETF, have updated their S1 filings with the SEC within minutes of each other today, Jan. 8. Blackrock, Ark, WisdomTree, and Invesco Galaxy all submitted updated documents around 11 am GMT as the final stages of the potential approval of the first spot Bitcoin ETF The post Blackrock to charge 0.2% for first $5B, Ark to waive fee for for first $1B in assets into ETF appeared first on CryptoSlate.

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Altcoins drop, Bitcoin flat as spot ETF denial chance falls to 5%: Bloomberg Analysts

Bloomberg analyst Eric Balchunas has reduced the chance of the SEC denying a spot Bitcoin ETF to just 5%, with fellow Bloomberg reporter James Seyffart indicating only black swan interventions from Gary Gensler or the Biden administration possible routes to denial. Interestingly, over the weekend, with the traditional markets closed, crypto continued to trade as The post Altcoins drop, Bitcoin flat as spot ETF denial chance falls to 5%: Bloomberg Analysts appeared first on CryptoSlate.

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Watch all 8 videos ETF issuers released as ads to promote Bitcoin

Potential spot Bitcoin ETF issuers, including VanEck, Bitwise, and Hashdex, have all unveiled a series of promotional videos and marketing materials; let’s watch them together, and why not use the mash.com gifs and emojis to highlight your favorites below. This new wave of marketing endeavors highlights the growing interest and competition in the Bitcoin ETF The post Watch all 8 videos ETF issuers released as ads to promote Bitcoin appeared first on CryptoSlate.

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