El presidente de la SEC reconoce los grandes avances logrados hacia el lanzamiento de un ETF de Bitcoin - Crypto Economy ESP (2024)

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Is SEC going to approve bitcoin ETFs? ›

A Long Wait for Spot Bitcoin ETFs

While that application was eventually rejected, bitcoin ETFs based on futures products were eventually approved by the SEC starting in 2021.

The Securities and Exchange Commission (SEC) rejected spot bitcoin ETFs for more than a decade, hoping to protect investors from market manipulation. But the SEC was forced to approve them last month after Grayscale Investments won a court challenge.

The newly approved spot Bitcoin ETFs actually hold Bitcoin, in contrast with previously available products that invest in Bitcoin futures — contracts to buy or sell an asset at a specified price at a later date. The SEC had rejected spot Bitcoin ETFs for the last decade before finally approving them in January.

Why did Bitcoin's price fall after the approval of Bitcoin ETFs? The price fell due to factors like profit-taking, market expectations not meeting reality, regulatory warnings, and initial confusion due to misinformation about the approvals.

The U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin exchange-traded funds (ETFs) on January 10, 2024, marking a significant milestone in the world of cryptocurrency and investment.

WASHINGTON/NEW YORK, Jan 10 (Reuters) - The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange traded funds (ETFs) to track bitcoin, in a watershed for the world's largest cryptocurrency and the broader crypto industry.

The matter has grown more complicated in two high-profile lawsuits brought by the SEC against major crypto exchanges, Coinbase and Binance. Unlike Ripple and Terraform Labs, the question with the two exchanges hinges solely on the trading of tokens on their venues, rather than the issuance.

DEBT Box is a little-known crypto firm that offered investment vehicles in the form of “node software licenses” that allowed customers to mine different digital assets. The SEC first sued the firm in July, alleging the project had defrauded investors out of nearly $50 million by selling unregistered securities.

Unfortunately, it's also incredibly volatile. For that reason, while current market conditions are favorable for anyone considering buying Bitcoin, it is an asset you should purchase only at your own risk. Because while Bitcoin may have the potential for significant returns, you may also lose most of your investment.

What are the 11 bitcoin ETFs approved? ›

The approved ETFs are products from major financial players such as Grayscale Bitcoin Trust GBTC, BlackRock's iShares Bitcoin Trust (IBIT), ARK 21Shares Bitcoin ETF (ARKB),Bitwise Bitcoin ETF (BITB),Invesco Galaxy Bitcoin ETF (BTCO),WisdomTree Bitcoin Fund (BTCW),VanEck Bitcoin Trust (HODL),Franklin Bitcoin ETF (EZBC), ...

The SEC has given the green light to 11 ETFs for bitcoin in the US, opening the door to cryptocurrencies to many new investors who don't want to take the extra steps involved in buying actual bitcoin. An ETF is an easy way to invest in assets or a group of assets without having to directly buy the assets themselves.

Bitcoin, it found, is likely to hit an average peak price of $87,875 in 2024, with some experts predicting it will climb as high as $200,000. On the flip side, the average lowest price Bitcoin could hit by the end of 2024, is seen as $35,734, the report said, with some predicting it will fall as low as $20,000.

Bitcoin could soar 266% to $250,000 next year if ETF inflows stay strong, Standard Chartered says. Bitcoin could reach $250,000 in 2025, Standard Chartered's Geoff Kendrick predicted. That's as long as spot ETF inflows remain strong, and reserve managers begin buying crypto.

There are several benefits to owning the actual Bitcoin by purchasing through a cryptocurrency exchange. In some situations, the ETFs offer investors all they need. The decision between the two will come down to personal preference and technological savvy.

The U.S. Securities and Exchange Commission (SEC), the agency responsible for regulating the securities markets and protecting investors in the U.S.A, granted approval to 11 spot Bitcoin exchange-traded funds (ETF), in its Approval Order on 10 January 2024.

The ProShares Bitcoin Strategy ETF (BITO.P) , opens new tab, the first bitcoin futures ETF approved by the SEC in 2021, saw around $1 billion worth of shares trading hands on its first day, and some experts believe a spot bitcoin ETF could net three times that much on its first day.

Yes, Bitcoin and other cryptocurrencies are highly speculative assets and tend to see significant price volatility. Investing in these cryptocurrency ETFs is risky because of the large price swings, but you can invest much less in them, making it a good choice if you want to speculate on Bitcoin prices.

BlackRock's spot Bitcoin ETF becomes first in class to reach $1 billion in assets under management. BlackRock's spot Bitcoin ETF is the leader among the 11 approved by the Securities and Exchange Commission in January.