Jamie Dimon's bank agreed to play a key role with BlackRock's proposed bitcoin ETF, just weeks after he told U.S. senators: "I've always been deeply opposed to crypto, bitcoin, etc."
Possible approval of bitcoin ETFs in 2024 is likely to change perceptions of digital assets following a year when the industry faced a backlash, Beth and Clay Haddock argue.
Newly compiled data from BitMEX Research estimates there are 150 crypto ETPs available today, with $50.3 billion in assets under management.
In a Dec. 19 podcast, Coinbase researchers warned there are at least two potential problems that could arise with the launch of spot Bitcoin ETFs.
This is the second meeting in a month between the parties about rule changes required to list the bitcoin ETF.
K33 analysts, however, warn that institutional traders may look to take profits following the forecasted approval.
The MicroStrategy co-founder said Bitcoin ETFs could be the biggest thing to happen to traditional finance since the introduction of the S&P 500 index fund.
The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May.
Google will allow ads for U.S. based-crypto trusts from January, with the change seemingly coming in the same month that spot Bitcoin ETFs are predicted to be approved.
Several macro events are contributing to increased interest in Bitcoin, its price and a knock-on effect on the wider markets.