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SEC Issues Omnibus Approval for Spot Bitcoin Exchange-Traded Products

Global Fintech & Digital Assets

The SEC’s long-awaited green light for spot bitcoin ETPs is welcomed by the market, but the ambivalent decision raises more questions than it answers. Spot bitcoin trusts hold actual bitcoin, as opposed to bitcoin futures trusts, which hold derivatives tied to the price of bitcoin. Valdez , Stephen P.

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Eric Satz, Founder and CEO of Alto?—?Expanding access to alternative investments

Wharton Fintech

But someone asked him a question about public equity returns over the last 15 years and where he thinks public equity returns may be over the next 15 years. What we expect is maybe 0% return. I don’t think Bitcoin and Ethereum are going away. And I certainly am a big believer in blockchain.

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242 Startup Failure Post-Mortems

CB Insights

We needed 40% day-one returns and were closer to 25%. Users May Withdraw Stored Bitcoin until July. BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. The clock kept ticking. Product: BTCJam.