On a sure-to-be historic day for Bitcoin, I spent the morning looking back at historical data to see how impactful the first Gold ETF was at the time. We’ve seen plenty of analysts, including our own, talk about how Gold ETFs changed the landscape for the commodity, leading to outsized gains over the proceeding 20 The post Prediction: Bitcoin ETF will now dwarf gold performance based on historical data appeared first on CryptoSlate.

Blackrock has dropped its ongoing fee for its proposed spot Bitcoin ETF to just 0.25% with a promotional offer of 0.12% for the first $5 billion in assets, or twelve months, in an updated S1 filing submitted early Jan. 10. “The Sponsor’s Fee is accrued daily at an annualized rate equal to 0.25% of the The post Blackrock drops ETF fee to just 0.12% for first $5B in assets, 0.25% ongoing appeared first on CryptoSlate.

UPDATE: Gary Gensler announced on Twitter the SEC account was compromised and the ETFs have NOT been approved yet. The @SECGov 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. — Gary Gensler (@GaryGensler) January 9, 2024   The SEC The post The SEC announces Twitter account was compromised and ETFs have not been approved appeared first on CryptoSlate.

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.

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.