Cathie Wood's ARK Invest throws weight behind new bitcoin futures ETF
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October 15, 2021 5:27 AM EDT
The U.S. Securities and Exchange Commission (SEC) is preparing to allow the first-ever Bitcoin (BTC) exchange-traded fund next week, according to Bloomberg. This would mark an 8-year long fight for the SEC to approve the first Bitcoin ETF.
The SEC is unlikely to block the product from hitting the market next week. ProShares and Invesco have made a... More
October 14, 2021 11:00 AM EDT
James Patrick Gorman, CEO and Chairman of Morgan Stanley, believes Bitcoin (BTC) is here to stay and wont go away.
Gormans remarks contradict the comments of his JPMorgan counterpart, Jamie Dimon, who said BTC is worthless.
Well, we're not directly trading crypto for retail clients, and there are other players who are choosing to do that. We give access into -- for them to buy crypto through various funds and things,... More
