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This Cryptocurrency Exchange-Traded Fund (ETF) Could Soar 5,300%, According to Cathie Wood's Ark Invest

The Motley Fool

Under CEO Cathie Wood, the company manages thematic exchange-traded funds (ETF) built around various technologies, including blockchain and cryptocurrency. In 2015, it became the first public fund manager to gain exposure to the cryptocurrency, which traded around $200 at the time. for simple trades.

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Everything Crypto Investors Need to Know About Bitcoin ETFs and the SEC

The Motley Fool

Image source: Getty Images The crypto world has been aflutter about a potential spot Bitcoin ETF approval from the Securities and Exchange Commission (SEC) for months now. In contrast, fears that the SEC might not grant the anticipated approvals caused Bitcoin to drop 8% in just a few hours this morning.

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4 Reasons to Buy Ethereum Like There's No Tomorrow

The Motley Fool

Securities and Exchange Commission (SEC) approved the first spot price Bitcoin exchange-traded funds ( ETFs ) earlier this year. But it says the PoS process that Ethereum uses makes it more similar to a security, which is subject to tighter regulations than commodities.

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Prediction: Ethereum Will Reach $5,000 by the End of 2025

The Motley Fool

The approval of spot Ethereum ETFs The other big factor would be SEC approval of new spot Ethereum exchange-traded funds (ETFs) similar to the new spot Bitcoin ETFs. Beware the SEC The only problem, of course, is that there's something about Ethereum that the SEC does not like. How high can Ethereum go?

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3 Cryptocurrencies to Buy Hand Over Fist in March

The Motley Fool

Many cryptocurrencies plunged in 2022 as rising rates, the collapses of high-profile exchanges and tokens, and regulatory threats drove investors toward safer investments. Securities and Exchange Commission (SEC) approved the first 11 spot price exchange-traded funds ( ETFs ) for Bitcoin this January.

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1 Top Cryptocurrency to Buy Before It Soars 5,000%, According to Cathie Wood

The Motley Fool

Wood believes the recent approvals of Bitcoin's first spot exchange-traded funds (ETFs), more institutional purchases, and the impending halving of Bitcoin (which will make it twice as hard to mine the cryptocurrency) will all drive a stampede of bulls to the world's largest cryptocurrency. million by 2027.

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3 Super-Bullish Scenarios for How XRP Could Skyrocket in Value

The Motley Fool

SEC settlement The one catalyst that seems most likely is some form of settlement with the Securities and Exchange Commission (SEC) this year in an ongoing lawsuit involving Ripple , the company behind the XRP crypto token. The SEC is adamant that XRP is a security, not a cryptocurrency.