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Joel Kuck, CEO of Decentralized ETF, believes that “the big money will come when the institutions come” after the approval of spot Bitcoin ETFs in the United States. As expectations grow that a spot Bitcoin exchange-traded fund (ETF) will be approved in the United States, it remains one of the hottest topics heading into 2024. In Episode 38 of Cointelegraph’s Hashing It Out , Elisha Owusu Akyaw talks to Joel Kuck, CEO of Decentralized ETF (D-ETF), about how ETFs work, the potential impact of spot Bitcoin (BTC) ETFs on the cryptocurrency industry and the idea of decentralized ETFs. Amid the optimism that U.S. regulators are set to greenlight multiple spot BTC ETFs, some projects are also looking to bring other ETFs to the blockchain while riding the wave of hype around the investment products. Kuck explains why the industry is bullish about spot Bitcoin ETFs and why the excitement around them is mounting. He explains that direct exposure to Bitcoin for institutional investors and fun...

The latest Cointelegraph Report explains everything you need to know about a potential spot Bitcoin ETF approval in the U.S., its impact on the market, and its significance for the crypto industry. A wave of optimism around the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States has ignited bullish price action in the crypto market in recent weeks.  But that could be just the beginning: If a spot Bitcoin ETF receives a greenlight by the U.S. Securities and Exchange Commission (SEC), it would mark a major milestone in the history of digital assets. The spot Bitcoin ETF will provide institutional investors with a simple and regulated way to get exposure to Bitcoin with potentially explosive consequences for the Bitcoin market. According to many analysts, a spot Bitcoin ETF could spark a demand shock that, coupled with next year's Bitcoin halving event, could spark the new crypto bull market. The SEC has so far rejected all spot Bitcoin ETF applicat...

PayPal’s stablecoin announcement and a handful of Ether ETF applications are bulls’ biggest hopes for a price trend reversal. Ether (ETH) price has been locked within a tight trading range spanning from $1,800 to $1,900 since July 21. This remarkable lack of volatility has instilled a sense of uncertainty and skepticism among investors, despite recent positive developments which include the launch of PayPal's Ethereum-based stablecoin, and a surge in requests for Ether-based exchange-traded funds (ETFs). PayPal's entrance into the world of cryptocurrencies could signify a major step toward mainstream adoption for Ethereum. However, this move also raises concerns about centralization and the potential loss of control over personal assets. At the same time, the United States Securities and Exchange Commission (SEC) has recently witnessed a surge in applications for Ether exchange-traded funds (ETFs), which mirrors a trend of major asset management firms seeking to establish spo...

BlackRock CEO Larry Fink, who previously bashed bitcoin, now has a different view of the crypto asset and is looking to make the largest crypto by market capitalization cheaper and more accessible for investors.  Speaking in an interview with Fox Business, Larry Fink, while not going into details about BlackRock’s latest spot Bitcoin exchange-traded fund (ETF), is hopeful that regulators, in this case, the US Securities and Exchange Commission (SEC), will approve its application.  The asset manager is said to have a track record of getting its ETF applications approved and hopes that through collaboration with regulators, its bitcoin ETF filing will also get the green light. “We have a good track record working with our regulators and trying to make sure we are thinking about the issues around any filing […] We hope that like in the past we could be working with our regulators and get the filing approved one day, and I have no idea what that one day would be, b...

A glance at the crypto world reveals bitcoin (BTC) is experiencing a pause at the $30,000 mark, but does this stagnation indicate an impending bear market or a precursor to another bull run? Let’s delve deeper. The world’s first and most renowned cryptocurrency has seen its market dominance rise to over 50%, encompassing nearly half of the $1.1 trillion total crypto market.  This leap to dominance, its highest share in over two years, signifies a significant shift from the start of the year when its share was around 40%, according to CoinMarketCap.  As of June 28, BTC was trading at $30,309, up over 4% in the last seven days. BTC 7-day chart | Source: CoinMarketCap The impact of ETF filings and market sentiment Crypto pundits worldwide keenly observe the resurgence of interest in bitcoin ETF filings from behemoths like Fidelity and BlackRock.  Companies with overall $20+ Trillion are rushing to get their Bitcoin spot ETF and you are believing the bears who ar...