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The price of bitcoin hit $50,000 today, a month after the U.S. Securities and Exchange Commission approved 11 applications for spot bitcoin ETFs.. The issuers of those ETFs have seen demand ...
On July 1, 2013, Cameron and Tyler Winklevoss filed the first application for a spot bitcoin ETF. The per-unit price of the cryptocurrency was around $100 at the time. The SEC denied their filing ...
In January, ARK Invest teamed up with 21Shares to offer a spot bitcoin ETF, which trades as ARKB. The ETF has been hugely successful, attracting several billion dollars in investment. However, the ...
(Reuters) - Cathie Wood's ARK Invest bought 4.3 million shares of ProShares Bitcoin Strategy ETF, which is popularly known as 'BITO' and tracks the price of futures tied to the world's largest ...
The long-awaited launch of bitcoin spot ETFs in the United States this year helped engender a wave of optimism that the value of the well-known cryptocurrency would quickly appreciate. The logic ...
Bitcoin investor Microstrategy gained 7% and crypto exchange Coinbase 4%, while the ProShares Bitcoin Strategy ETF, which tracks bitcoin futures, added 3.7%. Shares of retail trader-focused ...
The post was up for about 30 minutes, causing a number of news outlets and online personalities to report that the SEC granted approval for the highly anticipated spot bitcoin ETFs. The ...
Wed, Jan 10, 2024 ยท 1 min read. Chesnot via Getty Images. The Securities and Exchange Commission has approved the applications of 11 spot bitcoin ETFs in a highly anticipated decision that will ...