Spot Bitcoin ETFs approval expected, start trading on Thursday: VanEck, Valkyrie execs

Speaking on CNBC’s ETF Edge on Jan. 9, VanEck’s CEO, Jan van Eck, said he expects the spot Bitcoin ETFs to start trading on Thursday, Jan. 11. Additionally, Steven McClurg, the Chief Investment Officer for Valkyrie, one of the other applicants in the race, told Fortune this week that he also believes Thursday will be the The post Spot Bitcoin ETFs approval expected, start trading on Thursday: VanEck, Valkyrie execs appeared first on CryptoSlate.

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Blackrock responds to SEC comments with 2 minor updates to filing

Following last night’s news that the SEC had responded to several applicants for a spot Bitcoin ETF with additional comments, Blackrock has this morning, Jan. 9, submitted further amendments to its S1 prospectus with the SEC. However, upon CryptoSlate’s review of the document, there appear to be only two minor changes, indicating this is likely The post Blackrock responds to SEC comments with 2 minor updates to filing appeared first on CryptoSlate.

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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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