Wall Street jinx? Traders weight ‘sell the news’ potential after Bitcoin ETF launch
The previous big launches of Bitcoin-related products on Wall Street were followed by multi-month price slumps. Go to Source Powered by WPeMatico
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The previous big launches of Bitcoin-related products on Wall Street were followed by multi-month price slumps. Go to Source Powered by WPeMatico
While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results of historical ETF launches. The First Crypto’s Saga Continues as Accessibility Broadens With the first Proshares bitcoin exchange-traded fund (ETF) with ticker BITO opening … Read more
Solana’s latest price rally comes in the wake of new Bitcoin all-time highs above $65,000. Go to Source Powered by WPeMatico
After the Proshares Bitcoin Strategy exchange-traded fund (ETF) listed and smashed records in the first two days of trading, Vaneck’s bitcoin futures ETF was given the green light to start trading next week. Furthermore, sources say that the Valkyrie Bitcoin Strategy ETF is set to launch this week with a possible listing on Friday. Proshares … Read more
The wealth manager Vaneck will be launching its bitcoin futures exchange-traded fund (ETF) in the United States following the Proshares ETF listing that launched on Tuesday. According to the post-effective filing with the U.S. Securities and Exchange Commission (SEC), the Vaneck bitcoin futures ETF launch is approved to be listed after October 23. Vaneck’s Bitcoin … Read more
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million. Go to Source Powered by WPeMatico
The 30-day correlation between Ether and Bitcoin remains at 0.81 above zero. Go to Source Powered by WPeMatico
Decreasing reserves mean a decline in Bitcoin supply for selling, altcoins purchasing, and margin trading. Go to Source Powered by WPeMatico
SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first futures-based bitcoin exchange-traded fund (ETF) in the U.S. … Read more
ProShares’ Bitcoin Strategy ETF saw around $1 billion volume on its opening day, with 24.313 million BITO shares changing hands. Go to Source Powered by WPeMatico