article thumbnail

4 Reasons to Buy Ethereum Like There's No Tomorrow

The Motley Fool

First, it changed the calculations of transaction fees -- also known as " gas fees " -- from a manual bidding system instead of an automated one. Securities and Exchange Commission (SEC) approved the first spot price Bitcoin exchange-traded funds ( ETFs ) earlier this year.

article thumbnail

BlackRock's Bid for Bitcoin ETF is Giving Crypto a Boost

The Motley Fool

So far, the US Securities and Exchange Commission has approved crypto ETFs based only on bitcoin futures contracts. Those are listed on the Chicago Mercantile Exchange, a regulated venue. BlackRock has the clout, legitimacy, and money behind it to maybe sway the SEC where others have failed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why Bitcoin's (BTC) Price Plunged This Week

The Motley Fool

Securities and Exchange Commission (SEC) approved the market's first 11 Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). The SEC's approvals also represent a big vote of confidence in Bitcoin's future as a mainstream asset. 10, the U.S. But in 2023, Bitcoin's price soared 154% to over $42,000.

article thumbnail

Coinbase Is The Real Winner in the Bitcoin ETF Race

The Motley Fool

In the last month, a wave of major financial institutions have applied to offer spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETF) in a bid to bridge Wall Street with the original cryptocurrency. Although no ETF has been approved yet, the SEC's blessing looks more likely by the day.

article thumbnail

Investors Are Pouring Billions Into These 2 Bitcoin ETFs and Leaving the Rest Behind

The Motley Fool

The Securities and Exchange Commission (SEC) approved 11 new spot Bitcoin (CRYPTO: BTC) ETFs earlier this month; two stand out as clear winners among the group. That provides investors with tighter bid-ask spreads and helps the ETF price track the net asset value of the fund's holdings.

article thumbnail

If You Invested $1,000 in Riot Platforms Stock 5 Years Ago, This Is How Much You'd Have Now

The Motley Fool

Even as Securities and Exchange Commission Chairman Gary Gensler continues to argue that Bitcoin is a "highly speculative, volatile underlying asset," Riot Platforms presses on as a relentless Bitcoin producer. The sample size is small, but since 2009, Bitcoin's price has tended to rise ahead of or soon after halving events.

article thumbnail

Why Super Micro Computer Stock Is Pulling Back This Morning

The Motley Fool

In a regulatory filing with the Securities and Exchange Commission (SEC) and subsequent press release, the company said it is selling 2,100,700 shares of common stock. The company expects to raise a total of $524 million before deducting underwriting discounts, commissions, and other expenses.