Tag Archives: CBOE

It’s Too Soon to Write Off Bakkt, Wall Street Analyst Tells ICE Investors

It’s Too Soon to Write Off Bakkt, Wall Street Analyst Tells ICE Investors

It’s too soon to write off Bakkt, despite the bitcoin futures market’s disappointingly slow start, analysts at Oppenheimer & Co. said. In an Oct. 1 research note, the equity research firm encourages investors to “not get upset” about the lackluster trading volume of Bakkt. For one thing, its parent company, Intercontinental Exchange, has plenty of other […]

Is bitcoin growing up? Regulated futures boom as investors seek a safer ride

Is bitcoin growing up? Regulated futures boom as investors seek a safer ride

LONDON (Reuters) – When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are growing signs it’s entering the establishment its creators sought to subvert. As the cryptocurrency has surged in value bigger investors, from trading firms to hedge funds, have […]

Countdown Restarts Tomorrow for SEC Decision on CBOE-VanEck Bitcoin ETF

Countdown Restarts Tomorrow for SEC Decision on CBOE-VanEck Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) may make an initial decision on not one, but two different bitcoin exchange-traded fund (ETFs) proposals by April 5. A bitcoin ETF proposal submitted (for a second time) by VanEck, SolidX and the Cboe BZX Exchange is expected to be formally published in the Federal Register Wednesday, kicking off the initial […]

CBOE refiles the VanEck/SolidX Bitcoin ETF proposal to SEC

CBOE refiles the VanEck/SolidX Bitcoin ETF proposal to SEC

CBOE resubmitted its joint proposal with VanEck and SolidX to the U.S. Securities and Exchange Commission, to launch the first U.S. Bitcoin exchange-traded fund. The digital asset strategist/director at VanEck, Gabor Gurbacs, took to Twitter to make the announcement. Gabor [email protected] The VanEck SolidX Bitcoin ETF proposed rule-change has been submitted by CBOE. Hard work […]

Cboe’s Bitcoin ETF Application Pulled After Repeated SEC Delays

Cboe’s Bitcoin ETF Application Pulled After Repeated SEC Delays

Cboe Global Markets Inc. pulled its application to list the first Bitcoin exchange-traded fund, blaming the U.S. government shutdown. The decision was announced in a Wednesday filing with the U.S. Securities and Exchange Commission. Bitcoin’s price fell following the disclosure. Most SEC employees are furloughed because of the partial closure of the federal government. That poses a […]

LedgerX Launches ‘Bitcoin Fear Index’ to Track Price Volatility

LedgerX Launches ‘Bitcoin Fear Index’ to Track Price Volatility

LedgerX thinks cryptocurrency traders should be able to assess bitcoin’s volatility. And, taking a leaf out of the stock market’s book, the derivatives trading platform has built an index to track this benchmark. The company announced Monday that it was launching the LedgerX Volatility Index (LXVX), which will track the expected volatility for bitcoin. The […]

Bitcoin Is Trading at Strong Correlation With Gold, WSJ Claims

Bitcoin Is Trading at Strong Correlation With Gold, WSJ Claims

There’s now a strong correlation between traditional asset markets and bitcoin (BTC), the flagship cryptocurrency, according to an article recently published on the Wall Street Journal (WSJ). Referencing data from research and analytics firm Excalibur Pro Inc., the WSJ noted that over the past five days, bitcoin has been trading at a 0.84 correlation to the gold bullion. […]

Institutional Crypto and a New Generation of Wall Street Leaders

Institutional Crypto and a New Generation of Wall Street Leaders

Donna Redel is an angel investor focusing on financial technology, blockchain and emerging technologies, professor of blockchain and a former chairman at the Commodity Exchange. If there’s any doubt institutions are moving fast on crypto asset adoption, take it from a teacher. In developing the syllabus for Fordham Law and Gabelli School of Business, which both offered […]

Bitcoin (BTC) Price May Record Losses For The Year, Other Major Cryptos Also in the Red

Bitcoin (BTC) Price May Record Losses For The Year, Other Major Cryptos Also in the Red

Bitcoin (BTC) had been trading in a tight range of $6,450 – $6,500 during the past three days, before falling below the $6,400 mark today. The leading cryptocurrency may now record a loss for the year as its 10-year anniversary approaches. On Wednesday (October 31st), it will be exactly a decade since the Bitcoin whitepaper was released […]

Mike Novogratz Explains Why the Beginning of 2019 Will Be Big for Bitcoin

Mike Novogratz Explains Why the Beginning of 2019 Will Be Big for Bitcoin

In a recent Bloomberg Television interview, famed bitcoin supporter Mike Novogratz explains why he thinks Q1 & Q2 of 2019 will be extremely positive for bitcoin. Novogratz, founder and CEO of Galaxy Digital, has previously declared the bottom of the cryptocurrency market, and continues to be bullish on bitcoin. Mike’s appearance on Bloomberg highlighted the latest news that Fidelity Investments, one […]