Month: January 2024

It seems that the former SEC Chair believes that the approval of a Bitcoin ETF is only a matter of time, and there is nothing significant left for the SEC to decide. However, it is important to note that this does not guarantee when or if an Bitcoin ETF will be approved. The decision ultimately rests with the current members of the SEC and takes into consideration various factors such as market stability, investor protection, and regulatory compliance. As always, it is advisable to stay updated with the news and developments regarding Bitcoin ETFs.

“Then they fight you” is a common phrase that is often attributed to Mahatma Gandhi. While he did not say this exact quote, it is a genuine expression of his belief in nonviolent resistance and the challenges one might face when standing up to oppressors or certain systemic forces. In moments of confrontation and resistance, it is not uncommon for those opposing change or justice to fight back against advocates and proponents. However, the phrase is also a reminder that raised opposition can be a sign of progress and momentum in achieving meaningful change.

It seems that Nasdaq has filed an amendment for BlackRock’s spot Bitcoin exchange-traded fund (ETF) application, suggesting that it is nearing the approval deadline. This is an important step in potentially getting the ETF approved for launch. Would you like more information on what an ETF is or any other details?

That’s great news! Can you please provide more information about the key hurdle that the spot Bitcoin ETF applicants were able to clear?

That’s great news! VanEck’s commitment to donating 5% of spot ETF profits to Bitcoin Core developers over the course of a decade is a significant step in supporting the development and growth of Bitcoin. This kind of financial support can help fund important research, enhancements, and improvements to the Bitcoin protocol. It demonstrates the company’s recognition of the value that the Core developers bring to the ecosystem. It’s worth noting that Bitcoin Core developers play a crucial role in maintaining the integrity and security of the Bitcoin network. VanEck’s contribution will likely have a positive impact on the overall evolution and adoption of Bitcoin.