A consistent bid from its sister fund could give the ARK 21 Shares Bitcoin ETF a leg up.
The fund model built by Ark managers delivered 68% in 2023.
A hacker released fake news on the agency's X account.
The majority of spot bitcoin ETF issuers will be dependent on Coinbase for the functioning of their funds.
New rules have stepped up the reporting requirements on smaller transactions, including those involving digital assets.
Spot bitcoin ETFs will pave the way for the arrival of other cryptocurrency funds.
Almost a dozen funds got off to a strong start, with some $4.6 billion of shares changing hands.
Charles Schwab said it will offer trading in bitcoin ETFs across exchanges.
The first U.S. ETFs investing directly in the biggest cryptocurrency will become widely available today.
The agency authorized 11 funds to begin trading Thursday.
The SEC's X account was compromised by a fake post claiming that the agency had green lit plans for the ETFs.
A fake comment had investors jumping the gun on a bitcoin ETF approval.
Crypto insiders think the SEC will take action on a slew of applications by a Jan. 10 deadline.
Bitwise and Ark / 21Shares are offering zero fees for the first six months or the first $1 billion in assets.
Bitcoin's boosters say ETFs backed by the largest crypto token would represent a watershed moment for digital assets.
The new offering will be similar to American depositary receipts that represent foreign stocks.
The world's largest cryptocurrency started the year by notching its highest token price in 21 months.
Bitcoin has risen almost 20% since the start of December.
Crypto options and futures are seeing a surge in demand from traditional institutional investors.
The ARK Next Generation Internet ETF has shaken up its bitcoin-related holdings.
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