MicroStrategy Inc. Chairman Michael Saylor’s strategy of buying Bitcoin may be coming into question as the advent of exchange-traded funds holding the largest cryptocurrency appears imminent.
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Bitcoin Races into Financial Establishment with ETF, Will it Strike Gold?Bitcoin is gaining popularity as an exchange-traded fund (ETF) that tracks its price is being introduced. The cryptocurrency has seen a significant increase in value in October, with investors hoping for regulatory approval for a spot bitcoin ETF. Market players have varying estimates on the potential success of the ETF, with predictions ranging from $3 billion on its first day to $55 billion over five years. Mainstream investment giants and crypto-focused firms have filed applications for spot bitcoin ETFs, but traditional investors remain skeptical.
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SEC’s cryptocurrency bulletin under question, more insideThe Office questions the SEC's cryptocurrency guidance, raising debates over regulatory definitions and enforcement authority.
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Ontario's New Democrats Raise Questions About Minister's Zoning OrdersOntario's New Democrats are questioning the awarding of Minister's Zoning Orders (MZOs) to guests at Doug Ford's daughter's wedding, alleging corruption and favoritism.
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Questions mount around TTC head's future after closed-door board meetingRick Leary has been the CEO of the Toronto Transit Commission since 2018.
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Former Bank of Canada governor Carney questions carbon price break on home heating oilCanada 2020 Advisory Board Chair, and former Governor of the Bank of Canada and Bank of England, Mark Carney speaks during the Canada 2020 Net-Zero Leadership Summit in Ottawa on Wednesday, April 19, 2023.
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Lawyer says a Bitcoin ETF could be approved as soon as ThursdayOne lawyer has suggested that a spot BTC ETF could be approved as soon as Thursday during a special closed-door meeting at the SEC.
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