Franklin

Bitcoin

Coin

<ul class="news-points">
 <li>Bitcoin, Ethereum, and XRP could soar following the ETF approvals.</li>
 <li>BTC surged in June after BlackRock announced its spot Bitcoin ETF filing.</li>
 <li>Steven Schoenfield predicted the SEC would approve multiple ETFs within 3 to 6 months.</li>
</ul>
In an earlier post, <a href="https://coinedition.com/the-sec-will-approve-spot-etfs-within-3-to-6-months-opinion/" rel="noopener noreferrer nofollow">Coinedition</a> reported that former BlackRock managing director Steven Schoenfield predicted that the U.S. Securities and Exchange Commission (SEC) would approve multiple spot Bitcoin Exchange Trust Fund (ETF) within three to six months. Users believe this development could cause Bitcoin, Ethereum, and XRP to soar significantly.
The report indicated that the SEC has varied its approach to ETF applications. Unlike in previous cases when the regulator would outrightly reject ETF applications, it has instead requested comments, something Schoenfield considers a significant improvement in the dialogue process.
Notably, <a href="https://coinedition.com/institutional-adoption-of-crypto-as-franklin-templeton-sees-new-asset-era/" rel="noopener noreferrer nofollow">Franklin Templeton</a>, the leading funds manager with a portfolio valued at $1.5 trillion, filed for a spot ETF with the SEC last month. Templeton joins other applicants who followed BlackRock’s lead in June, including Fidelity, Invesco Galaxy, and WisdomTree. These applications, in addition to the lawmaker…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/btc-eth-and-xrp-could-ride-on-blackrock-insiders-prediction/">BTC, ETH, and XRP Could Ride on BlackRock Insider’s Prediction</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

BTC, ETH, and XRP Could Ride on BlackRock Insider’s Prediction

Coin Edition

Other articles published on Oct 6, 2023

$100M fund for Asian blockchain businesses is opened by Hong Kong crypto venture capital

Bitcoin Price Analysis: Moderating Below 27737 Technicals – 7 October 2023

Top 3 Disclosures Made During SBF's Trial Today

Ledger Laying Off 12% of its Workforce is a ‘Worrying Signal for Bitcoin and Crypto’ According to...

Stake Casino Bonus Alerts: Weekly & Monthly Bonus Code Drops

Investors Panicked, Selling at a Loss in These Three Altcoins! What Does This Signal? Santiment R...

Join our free newsletter for daily crypto updates!