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The total Bitcoin ETF trading volume today has officially hit $4.69 billion. The hype around Bitcoin continues as the leading cryptocurrency surges on, and ETFs are riding the wave this week. Bitcoin is currently up over $60,000 after a massive surge during the past week. Out of the current available Spot Bitcoin ETFs available, BlackRock’s product was the leader in trading volume at $1,881,560,590. Grayscale, however, didn’t trail far behind, seeing a $1,360,694,512 TV on Thursday. JUST IN: Total spot #Bitcoin ETF trading volume surpasses $4.69 billion today: • BlackRock: $1,881,560,590 • Grayscale: $1,360,694,512 • Fidelity: $1,006,042,968 • ARK Invest: $193,745,064 • Bitwise: $151,093,710 • Invesco: $46,948,701 • VanEck: $23,374,814 • WisdomTree:… — Watcher.Guru (@WatcherGuru) February 29, 2024 The surge of Bitcoin’s price and the rise of Spot BTC ETFs this week are directly correlated of course...

After the landmark approval of Spot Bitcoin ETFs in early January, the new products have performed very well thus far. In particular, Grayscale’s Bitcoin ETF has dominated the field in terms of daily trading volume. However, for some time this week, BlackRock and Fidelity ’s Bitcoin ETFs were closing in on Grayscale in terms of DTV. As the market closed on Tuesday, BlackRock and Fidelity had generated $383 million and $288 million in trading volume, respectively, according to data from Yahoo Finance. Grayscale remained in first place again with $396 million. During the first hours of trading, however, BlackRock and Fidelity both led Grayscale in terms of daily volume. Also Read: Harvest Files First Spot Bitcoin ETF Application in Hong Kong The three Bitcoin ETFs have dominated over three-quarters of the trading volume of the product since it was approved. Others, such as spot bitcoin ETFs offered by Invesco and Galaxy, Franklin Templeton, and Ark Invest h...

Several potential issuers met with the SEC to discuss their spot Bitcoin ETFs, adding to hopes that harmonized approvals may be on the horizon.  The United States Securities and Exchange (SEC) held calls with spot Bitcoin ETF filers, including BlackRock, Valkyrie, ARK 21Shares, Franklin Templeton, Fidelity, VanEck, and Grayscale on Dec. 21 regarding their respective bids for investment vehicles that would hold crypto’s largest token. According to documents on the Commission’s website, issuers reportedly spoke with staff from the SEC’s divisions of corporation finance, trading, and market. Fox Business initially reported the news and noted multiple conversations between companies and the SEC. JUST IN: BlackRock had it's 6th official meeting with the SEC about its spot #Bitcoin ETF yesterday pic.twitter.com/j3MmrXm8vl — Bitcoin Magazine (@BitcoinMagazine) December 22, 2023 Filings at press time had confirmed SEC meetings with seven of 13 potential Bitcoin ET...

Amid its pending application with the US Securities and Exchange Commission (SEC), Bitwise has officially released a new spot Bitcoin ETF commercial. Indeed, the advertisements featured actor Jonathan Goldsmith, known for his recurring “The Most Interesting Man in the World” character. Within the commercial, Bitwise shares a link to its website, while referencing “ETFs backed by crypto specialists.” Conversely, the San Francisco-based asset manager is currently one of a dozen applications seeking to bring forth the first approved spot Bitcoin ETF in the United States. JUST IN: Bitwise releases new Spot #Bitcoin ETF commercial. pic.twitter.com/fkS5lXZ1Ci — Watcher.Guru (@WatcherGuru) December 18, 2023 Also Read: BlackRock & SEC Hold Another Meeting Over Its Spot Bitcoin ETF Bitwise Debuts Spot Bitcoin ETF Commercial; Approval Incoming? Over the last several months, the digital asset industry has seen abundant speculation regarding a spot ...

Eleanor Terrett, a Fox Business journalist, shared a post on X reminding the public that the U.S. Securities and Exchange Commission (SEC) has until midnight to appeal the Grayscale bid for a spot Bitcoin ETF. If they don’t, then in one week, the case will be closed, and Grayscale can move forward in the approval process. Getting the ball rolling Today, Oct. 13, is the day the SEC must make a decision in response to the D.C. Circuit Court of Appeals’ ruling. Either the regulatory body must file an appeal with the United States Supreme Court, formally petitioning the Appeals Court to reconsider its judgment, or abiding by the court’s directive issued in August. This directive stipulates a comprehensive assessment of Grayscale’s request to transform its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin exchange-traded fund (ETF). NEW: The @SECGov has until midnight tonight to appeal the @Grayscale decision. If they don’t, then in seven days from now the case will be c...