Tag: Approving a Bitcoin ETF

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Veteran Trader Peter Brandt Labels Bitcoin ETF a ‘Classic Buy the Rumor, Sell the News Event’

January 10, 2024

According to the veteran trader Peter Brandt, the current bitcoin exchange-traded funds (ETF) hype which has seen the “average guy on the street” clamoring to get in may be a signal to experienced traders that it is time to sell them what they own. Brandt also characterized the expected approval of spot bitcoin ETFs as…
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New SEC Filings Give the Impression US Regulators Approved a Bitcoin Futures ETF

October 16, 2021

The price of bitcoin jumped over 8% during the last 24 hours after a number of documents stemming from the U.S. Securities and Exchange Commission’s (SEC) web portal indicated that the Proshares Trust exchange-traded fund (ETF) could be listed as soon as next week. Proshares filed a post-effective amended prospectus on Friday that shows the…
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