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Morgan Stanley CEO James Gorman Contradicts JPMorgan's Jamie Dimon, Says Bitcoin (BTC) is 'Not a Fad' and Won't Go Away

Go back to Morgan Stanley CEO James Gorman Contradicts JPMorgan's Jamie Dimon, Says Bitcoin (BTC) is 'Not a Fad' and Won't Go Away

SEC to Allow First Ever Bitcoin (BTC) ETF - Report

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

Cathie Wood's ARK Invest throws weight behind new bitcoin futures ETF

October 14, 2021 8:42 AM EDT

(Reuters) - Star stock picker Cathie Wood's ARK Invest has given its brand name to a new bitcoin futures ETF that will invest in cryptocurrency futures contracts and trade on the CBOE BZX Exchange, a filing with the U.S. Securities and Exchange Commission showed.

The proposed ETF, called ARK 21Shares Bitcoin Futures Strategy, with the... More

U.S. Overtakes China as the Largest Bitcoin (BTC) Mining Hub

October 13, 2021 8:46 AM EDT

The United States is now the largest Bitcoin (BTC) mining hub, the latest data from the UK's Cambridge Centre for Alternative Finance showed.

After China moved to ban mining activity, a lot of miners were forced to move overseas. As a result, the U.S. now accounts for... More